Injective Protocol: A New Dawn for Decentralized Finance
Injective
2020-09-21 09:24
本文约2315字,阅读全文需要约9分钟
We sincerely introduce Injective Protocol to you. This is the industry's first fully decentralized trading protocol based on Layer-2 in history, which can unleash the full potential of decentralized derivatives instruments and borderless decentralize

After a cold winter, the market has ushered in a recovery, and the entire blockchain industry is full of vigor and vitality. The technological revolution and the unremitting efforts of developers will eventually bring compliance and a bright future to this industry.

Here, we sincerely introduce Injective Protocol to you. This is the industry's first fully decentralized trading protocol based on Layer-2 in history, which can unleash the full potential of decentralized derivatives instruments and borderless decentralized finance (DeFi).

The Injective Protocol enables fast, secure transactions on Ethereum; most importantly, it's all fully decentralized.

To learn more, please visit our official website: injectiveprotocol.com, read our white paper, or join us via Telegram.

We're going to open source the license, and a public beta release will follow shortly thereafter.

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Background: What's wrong with DEXs today?

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What is the Injective Protocol?

The Injective Protocol is a peer-to-peer decentralized protocol that allows decentralized perpetual swaps, futures, leveraged and spot trading. We have built each component of the protocol as a zero-trust mechanism, and will not be delayed by review. The most important thing is that the entire transaction process is open, transparent, and verifiable.

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Injective chain

The Injective chain is linked to Ethereum via Layer-2 side chains and Cosmos Zone. We use the verifiable delay function (VDF) to implement a fair transaction ordering consensus. By enforcing a time delay, we solve the problem of fairness in transactions and the problem that high mining fees in Ethereum will be packaged first.

Currently, Injective Chain powers our Layer-2 derivatives platform, acts as a decentralized Trade Execution Coordinator (TEC), and hosts decentralized open order books. The chain itself is built on top of Tendermint and allows for the transfer and trading of Ethereum-based assets on the Injective chain.

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Injective Trading Platform

Unlike traditional centralized exchanges that act as gatekeepers to the crypto industry, Injective makes exchanges a decentralized public utility. However, what really sets Injective apart is that every single component of our decentralized exchange platform is open source. Everything including: front-end exchange interface, back-end infrastructure, smart contracts, and order liquidity is free and open. This eliminates the monopoly of the traditional trading business, and we are working hard to eliminate the technical barriers of the trading platform.

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Injective Contract Futures

The Injective Futures Protocol is a decentralized peer-to-peer futures protocol that currently supports decentralized perpetual swaps, contracts for difference (CFDs), and many other derivative products! Our protocol allows individuals to create and trade arbitrary derivative markets based solely on price.

Here, we must thank the talented UMA team for pioneering the priceless construction and using their deep expertise to help us design the futures agreement!

What excites us the most?

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It is worth paying attention to these three functions:

  • New Decentralized Futures and Derivatives Marketplace

  • Cross-chain transaction

  • Cross-chain transaction

More importantly, we are happy to build a new decentralized and borderless financial system with everyone.

To find out more, follow us on various social media below and join the discussion in our ever-growing community.

If you are as obsessed as we are with using blockchain technology to change the world, get in touch with us at contact@injectiveprotocol.com.

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Welcome to follow us:

Official website: https://injectiveprotocol.com

Telegram: https://t.me/joininjective

White paper link: https://docsend.com/view/zdj4n2d

Github:github.com/InjectiveLabs

Twitter:https://www.twitter.com/@InjectiveLabs

Reddit:https://www.reddit.com/r/injective/

Medium: https://medium.com/@injectiveprotocol

Follow Weibo: @InjectiveProtocol

Assistant WeChat: injective001

Introduction to Injection

Target

Target

in principle

in principle

Compatible with security, openness, and zero trust on the basis of complete decentralization, it expands the frontier of financial derivatives and lowers the entry threshold for financial derivatives.

Injective, the creator of borderless finance.

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