@pitch-marie
Deflation of a token reduces the amount of tokens in circulation, making the token more valuable due to a decrease in supply and an increase in demand.
Injective begins the year on a very bullish note as the official governance proposal is now live to initiate the first yearly phase of INJ 3.0, which aims to dramatically reduce the token supply of $INJ.
Make sure to VOTE YES!
$INJ to $150 soon!
hub.injective.network/proposal/472