{"id":6658,"date":"2021-12-06T16:32:38","date_gmt":"2021-12-06T13:32:38","guid":{"rendered":"https:\/\/www.paribu.com\/blog\/?p=6658"},"modified":"2026-01-16T10:23:47","modified_gmt":"2026-01-16T07:23:47","slug":"injective-protocol-inj-explained-in-6-easy-steps","status":"publish","type":"post","link":"https:\/\/www.paribu.com\/blog\/en\/cryptocurrency\/injective-protocol-inj-explained-in-6-easy-steps\/","title":{"rendered":"Injective Protocol (INJ) Explained in 6 Easy Steps"},"content":{"rendered":"<p>Injective Protocol is a protocol created for the purpose of&nbsp;decentralization of cryptocurrency&nbsp;platforms. The native cryptocurrency of the platform is INJ&nbsp;token.<\/p>\n<p><strong>1.When was it founded and by whom?<\/strong><\/p>\n<p>Injective Protocol was created at Injective Labs, which was founded by the co-founders Eric Chen and Albert Chon in 2018.<\/p>\n<p><strong>2.INJ&rsquo;s infrastructure<\/strong><\/p>\n<p>INJ runs by Ethereum&nbsp;Virtual Machine mechanism and Proof of Stake (PoS) algorithm.<\/p>\n<p><strong>3.What does it offer to users?<\/strong><\/p>\n<p>INJ aims at resolving common issues of the financial world by making use of the decentralized blockchain industry. It allows all investors to have authority on Injective Chain network.<\/p>\n<p><strong>4.Can INJ be mined?<\/strong><\/p>\n<p>With INJ, activities such as liquidity&nbsp;mining or staking can be carried out on Injective Protocol network.<\/p>\n<p><strong>5.All-time low, all-time high (ATH), and total supply<\/strong><\/p>\n<p>INJ&rsquo;s all-time low price was $0.6557 on November 3<sup>rd<\/sup>, 2020 while all-time high price was $25.01 on April 30<sup>th<\/sup>, 2021. Circulating supply of the cryptocurrency is 43,655,553 INJ and the total supply is 100,000,000 INJ.<\/p>\n<p><strong>6.How to trade INJ on Paribu?<\/strong><\/p>\n<p>By clicking on the link, you can instantly trade INJ.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Injective Protocol is a protocol created for the purpose of&nbsp;decentralization of cryptocurrency&nbsp;platforms. The native cryptocurrency of the platform is INJ&nbsp;token. 1.When was it founded and by whom? Injective Protocol was created at Injective Labs, which was founded by the co-founders Eric Chen and Albert Chon in 2018. 2.INJ&rsquo;s infrastructure INJ runs by Ethereum&nbsp;Virtual Machine mechanism [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[212],"tags":[],"class_list":["post-6658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=6658"}],"version-history":[{"count":1,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6658\/revisions"}],"predecessor-version":[{"id":22867,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6658\/revisions\/22867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media\/24569"}],"wp:attachment":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=6658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=6658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=6658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}