Injective has now burned nearly 7 MILLION $INJ tokens. Here's how... The @injective network employs a weekly Burn Auction alongside Community Buyback rounds to systematically destroy supply. (1) Fee Collection: 60% of all transaction fees generated by decentralized apps (dApps) across the Injective ecosystem are pooled into a weekly asset basket. (2) The Auction: Community members bid on this collection of protocol revenues using their own INJ tokens. (3) The Burn: The winning bidder takes ownership of the entire multi-asset fee basket at a discount, while the INJ tokens they used to pay for it are immediately sent to an unrecoverable dead wallet and permanently destroyed. This process is seriously unique in the space and links network adoption directly to token scarcity.