The token $INJ is a vital part of the infrastructure for project @Injective , as it performs multiple functions:
First, governance: it allows its holders to vote on decisions that affect the upgrade of the protocol and its transactions.
Second, security: the token is used in the proof-of-stake mechanism to secure the network and reward validators and delegates.
Third, value generation: a large portion of the exchange fees collected is burned, reducing the total supply of the token and increasing its scarcity.
