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Community Call - Feb 2026
Recorded: Feb. 27, 2026 Duration: 0:59:59Space Recording
Full Transcription
Thank you. Jem
Jem, Jem, Jem Jim Jim Jim Hello guys
G Ninja
Ninja
Welcome to the first community call of 2026
Feels pretty good
I know right Welcome to the first community call of 2026. Feels pretty good.
I know, right?
Happy New Year!
Happy New Year?
Happy New Year. Bro, you can't say that. It's almost the end of that.
You can't say Happy New Year anymore.
I know. I'm just joking.
No worries, Serranyam. We love you.
That was a good one.
Yeah, just waiting a few more minutes.
See if the bear has three dot community well.
No, people in this time of the market usually just don't want to stand doesn't stand crypto so those who are here are truly believers
there we go by the way this is the first community call we are streaming on x as well
so big upgrade big shout out to lon for setting that up but um so yeah this is both
on discord as well as x Pause.
Pause. Pause.
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No, I didn't.
I will never.
I will never kick him.
Friendly fire.
Two ninjas, two believers. Okay, we can just start.
That means it, they can just watch the stream.
It's been live streaming on X.
I think it stays there, right, for some time.
Yep, we're streaming live on X, so feel free to kick it off whenever.
Sounds good.
Well, welcome, guys.
I'm going to recall in 2006, finally, we have a reason for building the building.
Wait, is it just me or is Oz like cutting out?
No, he's cutting out for me too.
Yeah, you are, you are.
Try again, try again.
Oh, that was a good intro.
Do you hear me now?
No, we hear you.
You just go in and out. maybe try like changing the data or uh like your wi-fi
okay let's just start over yes so yeah first call right to 2026. And yeah,
it's just season
market, right?
People say they
have seen this kind of
to be honest, it's the same thing
every cycle.
But yeah, I guess
this is the build season, right?
we hope together.
Words from you guys.
Have you guys been dealing with this?
Yeah, I mean, I got the gist of it.
You're still cutting out, but yeah, no.
Excited to have everyone here for the first community call.
We obviously haven't done this in the last couple weeks, so yeah.
Excited to share some of the updates. We obviously released't done this in the last couple of weeks. So yeah, excited to share some of the updates.
We obviously released a summit.
We released a lot of new products, especially on the tokenization front, the AI front.
We'll see a few more things coming out.
So no, it's definitely, definitely build season.
These markets are not new to us.
For those of you who are troopers and OGs, they know that Injective was built during
the bear.
We started in 2018, one of the worst bear markets ever. And then we went through the FTX crash,
the Luna crash, survived it all, got better and better, built our community. And now we're in
the bear again. So this is usually our time to shine where we grow and we build with real believers, like Oz was saying,
and we get ready for the next wave when the people start coming back, right? Because
always in the bear market, it seems like things are quiet, things are silent, but I feel like
injectors still make a lot of noise in the bear market with what we release, what we build.
So this is also an opportunity to hear feedback
from you guys, what you guys think we're doing well, what you guys think we could do better,
things you might be looking for. So let's say you want us to work on some new products or new ideas.
This is your opportunity to share that during this community call.
But yeah, we'd love to hear some things from Rocky,
Sarani, Juan, Oz, all of you. Yeah, happy to. I think one of the biggest developments,
you know, that's not necessarily new, but I think is exciting for the community is the community buyback. I think we've seen a lot of excitement there, a lot of participation,
a lot of people trying to ape in as soon as we make the announcement. I think there is maybe
some still some questions out there of like, well, who is eligible? And what do they need to do to be
eligible? And I would just first encourage people to go back and actually read the initial
community buyback blog post. There's a lot of good information there that kind of determines,
you know, who's eligible, who's not, you know, what are the different contribution sizes,
you know, and so on and so forth. But is there any maybe additional detail that we could share with
the community here? Really, I think it just comes down to just be active, right? Be active on chain,
you know, try out the new different products, and really be kind of an active user on the
Injective blockchain. I think that's basically the TLDR version of, you know, the buyback here.
But is there anything else, I guess, that we could share with the community here about the buyback specifically yeah i guess um
many people were asking like if we use some kind of randomizer and yes we use it uh we you know
Yes, we use it.
We are dealing with some,
how's it called?
A wave of people that is not even part of the injective ecosystem
and they come and want to profit from the community buyback.
So we have to implement some
anti, I lost the word,
but yes, I think you guys got it.
Some protections.
Yeah, no, for sure.
The enthusiasm has been crazy, but I would love to hear your guys' feedback too.
We're obviously increasing the number of whitelist spots for the buybacks.
So if you guys have ideas on things you want to see us doing,
for us, the randomizer seemed like the best way
to keep things free and fair,
just so no one has an inherent advantage
because we thought about other things.
People were saying, hey, make it so that
you increase the staking threshold.
But if I do that, it will be prioritizing whales, right?
Like then everyday people might be cut out
if we increase the staking threshold
or if we, some people suggested, oh, look at on-chain activity only
and give it to everyone who's active on the chain.
Well, that's also really hard because there's technically
over 500,000 addresses that are eligible.
There are almost 300,000 staking wallets that are eligible.
So if we just base it on those numbers,
like the auction will be finished in like one second. So randomization seems to be the fairest
way to go forward. But we'll keep iterating, like keep giving us feedback. If there's a particular
type of thing, you think it's like, hey, I think this will lead to the best community feel. It's like, hey, let's prioritize people who are staking and active on chain, or let's prioritize
people who are building a dApp on Injective. If you guys have any ideas, we're open to it all.
So feel free to share. But the enthusiasm has been crazy, especially in a bear market. I've
never seen things like that. These days, even token launch pads don't get this much traction as the community buyback and how much um people are excited by it so yeah that's really
great to see yes exactly yeah we are getting one of the one question already and it's from the
guy that runs ninja j Jim. No, yeah.
It's fair to say you won't qualify every month.
Exactly.
Yes, that's the point.
To give opportunity to other users to participate.
And yeah, if you make it, you don't.
Whatever.
Yeah, any other insight from Rocky maybe?
Or let's go to the next.
I think the only other insight here is we've recently been doing a lot more sort of monitoring across Google and just trying to get more analytics around what are people looking to visit on our website, right?
What are the various articles that people are clicking on and reading more about?
And it's really interesting.
We've found that just below the homepage, which is the main Injective homepage, is obviously
the most clicked on, sort of Injective-owned domain, is the community buyback, is number
two on that list. So it's Injective homepage, then it's community buyback is number two on that list. So it's, you know, injective
homepage, then it's community buyback. And then actually the third one is the burn auction.
So I know there's a ton of interest, not only from, I think, our own community here,
but also from just normies in general. I think we've sort of broken out of the
crypto Twitter ecosphere and are actually starting to penetrate into, you know, the sort of broken out of the crypto Twitter ecosphere and are actually starting to penetrate into,
you know, the sort of normal people that would Google something or would go on to,
you know, chat GPT and search, you know, what is there to do on injective, things of that nature.
And people are finding the buyback. So it's great to see that, great to see the enthusiasm.
And, you know, we'll continue continue to as Mirza and Oz said
continue to iterate to make it you know more accessible to more folks and you know continue
rewarding people long term so that's that's why we're here yes I guess the next subject will be the tokenomics update we had, I think like two weeks ago or a month ago about the doubling the deflation.
I guess we have been getting questions about this and the staking rewards going down.
And yeah, I guess if someone comes...
I'm happy to explain as well.
So I think that's been a big feedback and I appreciate all of you guys chiming in on this
because obviously we have a great, great burn model, right?
We're burning tokens every month.
But a big feedback we got from the community.
It's like, hey, because there's inflation on the chain, the burn auction is not enough.
And we hear you, right?
I see all the comments on Twitter.
So this is a balancing act, right?
So now what we've done is we slashed the rate of inflation by over half.
So now the burn auctions are actually starting to catch up to the staking rewards.
But it's a give and take, right? It's a delicate balance because you're right.
If we decrease the inflation rate, then the staking rewards go down, right? So that's why you saw the staking rewards have
now come down to 6.5%, which is still really competitive. It's much higher than Ethereum
and most other major chains out there, most L1s. It allows us to become much more sustainable.
I'll give you guys a brief lesson, I guess, in 20 seconds on staking and how it works.
So basically, when a chain first starts, they need to incentivize people, right?
They need to incentivize people to be able to secure the chain.
Because if you release a new chain and you have very low staking rewards, no one is going to stake on your chain.
And if not many people are staking, then your chain will not be secure.
People can attack your chain or hack
the chain. So that's why when Injective first started, yes, we did have good staking awards,
because our chain was new. But now Injective is an industry standard. People know us,
people like us. We have some of the best enterprise-grade validators, and our chain is
extraordinarily robust and secure. We've never had a halt. We've never had a hack in our four
years of mainnet. So now is a good time for us to decrease staking rewards because people are
still staking. If you saw in the last month, our number of stakers haven't actually gone down. In
fact, the number of stakers have gone up even after the decrease because our staking rate is still
great. So that's why you saw the staking rate in
half, but it's also good, right? Because it means there's less supply being put out into the market,
which means as revenue grows in the ecosystem, the burn auction has a better chance of catching up
and decreasing the supply, right? So that's all you guys need to know. I also saw that there's
confusion. I randomly see FUD on Twitter about like the staking rate, blah, blah, blah.
The staking rate is not the inflation rate.
So this is how it works.
The inflation rate is actually usually half of the staking rate.
So let's say the staking rate is 6%, right?
That 6% is applied to only the tokens that are staked.
So because there's about 55 million tokens staked, which is give
or take, let's say half the supply, the 6% is applied only to the 55 million. It's not applied
to the entire 100 million supply. So the actual number of new tokens being generated per year
is closer to 2 to 3 million. It is not 6 million tokens being generated every year.
So if you guys see that thought on Twitter, now you know how to deal with that. It is not 6 million tokens being generated every year. So if you guys see that
thought on Twitter, now you know how to deal with that. It's like, hey, that's actually inaccurate.
The inflation rate is much lower than what you're saying, blah, blah, blah.
And the second idea is this is just the start, right? As Injective continues to progress over
the coming months, our plan is to decrease the rate even more because I also want to get the
token to a point where the burn rate is higher than the inflation even more because I also want to get the token to a
point where the burn rate is higher than the inflation rate.
That is my ultimate goal.
But we have to do it in a balance because let's say I make the inflation rate zero,
let's say the community votes to make the inflation rate zero, then everyone will stop
staking.
Why would someone stake on a chain where there's zero revenue, where there's zero rewards? People need rewards to stay and keep staking and secure the chain.
So that's why it's a balancing act. It won't happen overnight. But what you guys should be
bullish on or the way you guys should think about it is, okay, the inflation rate has gone down by
half. There's less supply coming out in the market. There's a lot more tokens being burned
because obviously, actually, the lower the price is,
the more tokens that get burned, which is actually an interesting concept.
So more supply is being taken out of the market.
And obviously, as you'll learn later on the call, we have a lot of new upgrades coming,
right? Like whether it's tokenization, whether it's new licenses we're getting
to increase revenue on the chain itself, which is going to increase the burn itself.
So over this year, you'll see the burn rate increase even more.
And hopefully we get to a point where we can decrease inflation even further.
So that's the full, full context.
If you guys need more information or help,
I suggest you guys look into the docs or just ask the community managers
because a lot of the BS on Twitter
is just baseless. People didn't do their research when they're saying this stuff. So just be careful
who you listen to or what people are saying. Because especially in a bear market, people
find every little reason to attack people. I'm used to it. I'm used to getting attacked every
single day on my DMs, actually. But usually, almost almost always it's just baseless and bs so just uh
checking with us on what the truth is what the details are um but but the but the process looks
great and the future looks bright so that's what i'm very excited about so i know that was very
long but i know this is a constant thing that comes up in the community so i just wanted to
explain it in full really well explained yes and
about the thought and the attacks i mean that's the only thing you see when you go to x it's
becoming so toxic that it almost feels like a bottom you know and yeah i don't know if rocky
wants to add more or sanium uh nothing to add from my side that was that was good yeah for sure nothing more to
say on that font hey okay so let's keep going um well we have seen many um partnerships right uh
we got nansen as a validator that it what it came like a month ago as well. We got
Valerium launching tokenization, bringing tokenization on Injective. So yes, if Mirce
or Rocky can share more about who are these guys and why did they choose Injective?
And yes.
I'm happy to start this one and then Mirza if you want to add to it.
But yeah, so I guess for all those that want kind of the TLDR,
DigiShares is essentially a digital securities issuance and management platform.
So think of it as like a way for
both institutions as well as sort of accredited investors to invest in, you know, various real
estate projects, right, commercial buildings, you know, large residential sort of living quarters,
apartment buildings, things of that nature. And it's what's cool about what DigiShares has is it's a full platform
to both issue these digital securities, to raise money to build these things,
but then also once the building is built and sort of all the securities are issued,
it's a way to also sort of manage them, right? And ideally, at one point, there will be secondary
trading on some of these various real world assets. So for instance, if I go out there,
and I'm an issuer, and I want to raise money, you know, call it $25 million for office building,
I essentially list it on DigiShares, you know, complete the raise all on DigiShares,
listed on DigiShares, complete the raise all on DigiShares, can set up everything from dividends
to various stock shares. So I could do common stock, preferred shares, whatever it might be,
and have it all done in this awesome little unified sandbox. And so I think that's really
the beauty of what DigiShares offers. And the great thing is,
again, it's all on chain. So this is going to all be on Injective. It's going to allow investors to
onboard, institutions to onboard, and eventually start trading on this platform. And so I think
what we'll see is what I kind of see more medium long term on Injective
is you're going to have not only a sandbox for everything we have today, which is, you know,
permissionless trading of perps, of spot, of various different assets, you know, tokenized
assets, crypto, you know, so on and so forth. And then I think you'll also see this sort of second arm of
injectives start to take shape, which is the more permissioned side of things. You're going to see
a lot more institutional adoption happen in more of a regulated sandbox, a permission sandbox.
And so I think maybe DigiShares is going to definitely be a piece of that latter half,
be digi shares is going to definitely be a piece of that of that latter half where you'll see these,
you know, actual sort of on-chain securities be traded in a very compliant manner.
And, you know, as we get sort of more regulated and more clarity on on regulations,
we'll have kind of these two sandboxes existing side by side.
And so, you know, if you just want to trade crypto, you'll go to the permissionless side and
be able to do that on Helix or another DEX. Or if you want to trade these real world assets
that are securities, you'll be able to do so in a very compliant and permission manner.
And so I think DigiShares is a great place to start and we'll only continue to see to grow as sort of the weeks
and months and years, you know, in front of us come to pass. So definitely kind of stay tuned
on that front, but super excited to see DigiShares, you know, come across the line and build their
platform here on Injective. So I'll pause there. And if anyone else wants to chime in, happy to pass the mic.
Yeah, I mean, it really feels like eventually we'll have everything on top of Injective.
I think I guess the point is that users come and never leave.
So we will eventually offer everything so that they cannot need to leave the chain.
That's right.
Yeah.
Okay, let's also talk about that.
What was that?
I was just saying it's going to be one unified experience.
So, you know, you were saying that, hey, they don't need to leave the chain.
Well, I think that's a net benefit for the users, right right because then it's just you're not having to switch wallets you're not
having to switch you know different accounts and and do all this jumping you know to new brokers
and all these other things it's just you know connect your wallet once and and do your on-chain
business you know and which with whatever asset you want to trade day in and day out.
And that's, I think, the goal we're really trying to shoot for.
For sure.
I see it happening.
And now with the latest, latest, sorry, latest mainnet upgrade with the real-time EBM mainnet
and the real-world asset integration with Chainlink will help with this.
And yes, let's talk about that.
What is the idea of this about?
Yeah, I mean, this has been cooking forever.
The Chainlink integration has been going on forever.
What's really interesting about it is they're one of the first people we started integrating on our testnet, but they were not equipped for Wasm.
So we really had to wait until her EVM deployment to bring Chainlink to market. But I'm very excited
about it because effectively, I'm not allowed to speak too much about it, but there are two things
going on. One, we have acquired a very special license to be able to launch tokenized
assets on our chain, which you'll hear about in the coming weeks, maybe like the next month or two.
That will also allow us to list new assets on our chain because a lot of people are looking for
pre-IPO assets and tokenized equities and perpetuals for tokenized equities.
That's really what we're going to focus on with Chainlink moving forward.
We're working on a big internal revamp of our trading products,
of how we sort of use the chain itself and what products are available on the chain.
You'll see all of those products and be accessible.
I think all said it well, our goal is, it's not just a goal.
I think we're very much approaching this where no one has
to leave our chain. So you should be able to come to our chain and stake and find memes and find
NFTs and find yield opportunities and find every tokenized asset. That's really where we're going
to where someone who comes to Injective is like, oh, I never have to bridge out of Injective. I
never have to look into Ethereum or any other chain to get what I want. All of the things are available to us because of
interoperability, because they now have all the partners. So that's really what excites me most
about Chainlink with the work we're going to be doing. We also put together a great event
to celebrate our partnership recently at E-Denver that Rocky sort of attended and also managed.
partnership recently at eDenver that Rocky sort of attended and also managed. And he's been like
the biggest advocate of Chainlink forever. So I'm really excited that a protocol that we all
know and love here at Injective is finally available on our chain.
Yes, Rocky should talk more about that. I remember I have talked about Rocky with about his holdings and he's been a link believer always.
I have.
Yeah, you know, of course, not financial advice, but but yeah, I've I've been involved with the Chainlink community since about 2018 or so.
So definitely have kind of seen it morph and, you know, definitely
sort of bullish on the team. But yeah, let me also comment quickly on our Denver
initiative. So we had a tremendous turnout in Denver. You know, I think it was actually bigger
than any of us really expected. Last year, you know, we were actually just kind of underwhelmed with the attendance last year and thinking, you know, more so of like, well, should we even go this next year, you know, in 2026?
And I'm glad we did because our event was just jam packed.
There was probably, I don't know, 300 people there, you know, at all times.
It was standing room only, really. We had a great
panel hosted by Jacqueline Melanick from Token Relations. She's been a longtime advocate in the
space. We had Chainlink there. We had Moonpay there on the panel. And so, yeah, it was just
an awesome panel that we had. And then it was just great to see the community, see all the builders in one place.
I got to meet a number of teams that are building on us, and they all had great things to say.
So super happy to hear that.
And then also we got to host a little golf tournament, which was actually really fun.
We probably had about 20 to 25 people, you know, each kind of take three chips to see
who could get closest to the pin. And we actually did have someone end up with a green master's
jacket as a sort of a reward for doing so. But overall, it was just a great time, you know,
love to see the high signal builders still be here. There wasn't a lot of moon boys and people,
you know, talking about what's the next 100x
opportunity here, but it was all
about just real
usage that's happening, real
building that's happening, and I think
it was a very high signal event, and
I look forward to next year.
So hopefully we do something
as cool, if not more cool,
next year than we did this year.
For sure.
Yeah, I didn't know, Rog, did you play golf?
Are you good at it?
I'm not a big golfer, no.
I think I did get lucky, though.
I actually ended up, I think, getting about fifth in the tournament
out of about 20 to 25.
So, you know, not too shabby, but certainly there were better ninjas than me.
I think the top guy got, like, within four feet of the pin.
And I think the whole drive was 80 yards or 100 yards, something like that.
So, like, very, very close.
I see. 80 yards or 100 yards, something like that. So, like, very, very close.
I see.
Is the number one guy in the community or is this a random guy?
You know, he wanted to, I think, kind of remain anonymous.
So I can't say a whole lot.
But, yeah, let's just say he was actually one of the first people in line that wanted to play golf.
So I'm assuming he's an avid golfer and probably had an advantage over the rest of us that, you know, dabbled.
Let's bring golf on chain.
Let's bring golf on chain.
yes sir
Yes, sir.
yeah talking about that
I think about
if Denver
I think Rocky mentioned
the vibes there also
and yeah
following
following
I forgot the word
I don't know what's happening to me guys
but yes
let's talk about our next event right the injected summit
uh which we already released the website um already released the date the place
so yeah let's talk more about that um are we gonna play some golf there as well
if we go over there as well.
Mirzo, why don't you take this one?
I feel like you have-
On the summit?
I mean, the summit will be very different from the one.
For those of you who've attended the summit,
you know, we've become more and more institutional.
We try to get very good speakers.
So our first summit was in Thailand.
It was more community oriented.
We had some Dapp developers there. We had some projects there like Binance.
The last summit we had in New York was much more institutional, right? We had
policymakers there, the mayor of New York there. It was just a whole different planet. And we had
amazing attendees, amazing coverage. This next summit that's coming up is going to blow every
crypto event out of the water because we're doing it in the heart of DC, right next to the White
House. We are inviting some of the biggest government officials and policymakers. There's
going to be 24-7 media coverage, not just from crypto media, but traditional media,
which I think will see Injective get way more eyeballs than ever before. It's this July,
it's going to be jam-packed with new announcements, probably some of the best you've ever seen in the Injective get way more eyeballs than ever before. It's this July.
It's going to be jam-packed with new announcements,
probably some of the best you've ever seen in the history of Injective,
plus some of the best speakers.
So yeah, get excited.
We would love for some of you to come if you can make it.
But we will also be streaming it live on Twitter.
And it will be streamed live across the TradFi and crypto channels as well. So you'll have many opportunities to listen in and hear the talks.
But yeah, as you guys know, Injectivist is taking a direct heavy stance on getting more involved
with policymakers and government. We had some meetings recently with the SEC to help them on
their policymaking decisions. Actually, we submitted two big papers.
We're going to be publishing one or two more, perhaps, in the coming months.
We also made a huge hire that most of you probably don't know about.
His name is John.
He joined us as the head of policy from Coinbase.
So we hired him.
And he's been doing a great, great job getting us more FaceTime with politicians in the US,
more FaceTime in DC. So the summit will kind of be a culmination of that. You will see some of
these policymakers come to our summit and talk about policy that we're working on. You'll see
big announcements and launches. Me and Eric will, of course, be there to announce some new launches
and new products that we've been cooking up behind the scenes for quite a while now.
So, yeah, just can't say enough.
Keep updated on Twitter.
We'll be posting updates as they come through.
We'll be announcing speakers over the coming months.
But you guys have lots of time to plan.
It's in July.
It's on July 16th.
It coincides directly with America's 250th birthday or the founding date of America.
So it should be a big Made in America theme plus a big Injective theme.
So love to see that and would love to have some of you guys there.
It's crazy how far we have come with the summits.
I remember the first summit in Thailand.
It was like an experiment and it went so well
that we said oh let's try again in new york and new york went well as well and then we said oh
let's do washington now so it's really cool
yeah who knows where we'll be next time you know maybe the next one if space travel is available
we'll do it on the moon or something i mean pedro wants the one in europe but i say hey man we
hosted a builder house there and you didn't go in belgium yeah we're gonna host the next one in a
karaoke lounge actually um so we'll see we'll see how the market goes but soon we'll transition to karaoke lounges only that's what the community wants they're
really mad that me and Eric didn't go to karaoke with them last time after the
summit yes yes for those who don't know that was like a side event after summit uh they they wanted uh mirza and boy uh oh boyan is here mirza
and eric as well to go to the karaoke
good times i think uh illustrious was there vk as well legacy
you can see them in the chat hey boyan say hi hey guys how is everyone doing
good good
just sharing some insights
seems like you're having a lot of fun here
Seems like you're having a lot of fun here.
Yes, sir.
We're in for you.
Can you share how you've been dealing with the markets and with your life right now?
How is life going?
Apart from markets, life is good.
We are grinding, we have some exciting releases. I missed the 5pm my time to join you guys because we were doing some prepare for the next release of the chain as of right now. So yeah, very very exciting times ahead.
We're grinding.
We have some exciting releases.
there you go you guys non-stop alpha from mirza from bojan from rocky and yeah i guess let's jump
up right now to the new ambassador program upgrade with serenium hello everybody oh well Oh well. How are you? It's your turn to shine. Yeah, yeah. Sorry for my voice. I was a little bit sick these days.
So I want to tell you that we are glad to be here at this moment.
And we are introducing quite a bit of improvements to the Ambassador program.
Most of you definitely know about the program.
It has been running for a very long time and it
has been doing really good especially in the box. Hi Zephyro!
Especially in the last... basically in the last year it has seen a lot of
improvement again. And let's start with the updates. I'll be short. Details will
be published in one two days to our ambassadors.
First, we are improving the report flow by making Quarren Port divided into weekly segments.
It will be easier to follow up and to do evaluation overall.
This will give us more flexibility for the future if you want to introduce some other innovative stuff and now you only
need to send one report if you are in the community group now you don't need
to send two times you'll send only once and this will give us much more
structure as a whole only for us internally for the community leaders
sorry the cms and of course the group leaders that check the reports
the next big change really big change is the pool will be divided now so what
what this means is that we will divide the pool into three sections. And the top here will have the most NGA for rewards.
So basically, if you go higher on points on the leaderboard in our Ambassador program,
you will be rewarded more now. We designed it this way so the people that do better work,
that do exceptionally well, will truly be
rewarded more than those that do not do that
level of work. So, top performance
in our Ambassador Program, expect more. That's what I want to say.
We hope that this also creates some competition and motivation for the
people and overall this change should improve everything because as we all
know the most important stuff in everything is the sentiment and we need
to have some competition basically to people to motivate and to lead each other.
Of course, we can over adjust on the go depending on feedback.
Also, the next update is on the evaluation logic.
So we are updating the logic on the evaluation.
Now we will have one category.
It will be views cut cut
views so the more views you have the more points you can get of course
botting is not allowed keep this in mind for any ambassador here botting is not
allowed also farming points with two accounts in the program if you manage to
get two accounts this is not allowed keep that in mind
because this is direct uh it's a direct kick from the program
this will give us also more flexibility than before uh as we are also returning another
category from the past from the orgy program uh the bonus section
that was a really big success in the last program because it helped me push a lot of developments
on multiple fronts including the nft front uh local community funds and other stuff
stuff uh that i cannot say now uh because now we can be more flexible than before because until
now the program was a little bit more com i forgot the word i'm sorry it was a little bit more
strict on the points so now we are going to introduce more options, basically, within that bonus section.
It will not make it more complicated for the ambassadors to follow up.
Also, we are looking to improve the events as we want to make them more impactful.
Therefore, expect to be some exciting stuff on that front that will be prepared by our ambassador leaders,
which most of them are here now
and we want to go to the ambassador program so expect to see new recruits as of course we will
do it gradually but expect to see golf so we are aiming to achieve a bigger impact compared to
before we also want to build a better more better community than before so we need
leaders we need people that want to lead we need examples we already have such a zero one this is
because yeah yeah I guess to add but it's being a good upgrade We just think that it's becoming harder and harder to get your voice out on X.
And we want to reward those that are doing it already.
Like, I see, I don't know if Waltiyanon is here,
but he's a good example of what he has been doing.
I see him on my timeline every day.
Some news I don't like that much,
but I mean, he's been getting numbers
and putting the INJ tag out
and injective name out
with thousands of views.
So those kind of content creators,
we want to reward them better.
He's playing a dangerous game, to be honest with his account,
but yeah, he's attacking a lot of views, to be honest.
A lot of views.
Also, potentially you can expect some surprises in the near future
from the BuzzDub program.
So, for now, this is the update.
Expect a written-down on the 1st of March that will be published in the Discord server.
And expect a post from me on X about the update on the Ambassador Program.
We'll also release a blog post. We'll write out all the details because I know it can get a little confusing.
But the idea is to make the program fun and competitive and also to bring in more ambassadors, right?
Just to grow the presence and grow the spirit of the ninjas across Twitter and across different social media platforms.
So, yeah, keep posted.
posted but you guys just got a sneak peek into some of the items we're thinking through
But you guys just got a sneak peek into some of the items we're thinking through.
yeah we're looking to go to go on our phones so not only about the problem we need golf
everywhere everywhere so i want to see people more motivated again for sure i mean harder times great
uh greater greater needless nobody can deny the last year was not good for crypto.
But that doesn't mean that we are not building.
That's it for the ambassador program update.
Now I think we can move to the community questions.
If anybody has any questions, he can come on stage and ask us.
I was going to say the same thing, if anyone wants to come up to the stage, talk to Bojan,
Mirsan, Rocky, us, come up.
In the meantime while we're pulling people up here, I do just want to give a shout out to the engineering team here.
I'm actually just looking at Token Terminal under Code Commits.
And Injective is currently ranked number two in Code Commits in the last year.
We are, again, ranked number two ahead of Ethereum, ahead of ICP, ahead of Cardano,
ahead of Hedera, and all these other projects
by a good margin.
So, shout out, you know, huge shout out to Bojan,
rest of the engineering team for just doing great work there
because they are killing it and always shipping.
Yeah, I run my shop very tight, guys.
No sleeping, no weekends, no days off.
It definitely shows, so
appreciate you guys.
Okay, we got Q here.
Okay, and another question in the chat, which seems complicated.
I don't know who will answer that.
How is that injective set to handle the threat of quantum computer?
But yeah, let's hear from Q first.
How's it going, man?
Welcome.
Yeah, GM.
It's been a while.
It's been a while.
I think that I'll kind of like just go straight to the points.
GM's every ninja here.
See you guys.
You know, I've been listening for quite some time.
I think I just have like,
I had, initially I had like five questions,
but I have like just like three left, I guess.
First of all, I'd like to speak to Bojan for a second.
Can you like help us to, in my opinion,
I don't know if anyone else,
but I'm just asking, right?
Is there a way that um
we can reduce like the loading time animation you know when we kind of like kickstart helix mobile
because on my end it takes like a couple maybe two to three or four seconds and i'm trying to like
just get in and observe or maybe even add
margin to a trade.
So I'm just asking like is there a possibility that the refresh can be done at the background?
That's like for Bojan.
Yeah that's actually something that we are working on for the new Helix mobile app update
that Billy is preparing.
He's our mobile lead. One of the issues that we cannot
tackle is the network speed, your own network speed. We've seen if the network speed of the
user is a little bit off. If they're using 3G or 2G networks, it's actually very slower.
And I assume this is a React Native issue, which is the technology we are using to
build a mobile app. But I'm sure that we can find some solutions. And yes, we are doing the
workers implementation on the mobile app, which will allow background refreshing of the data.
And also we are improving the streaming. Within this chain upgrade, one of the data and also we are improving the streaming.
Within this chain upgrade, one of the things that we've released is native web sockets integration.
That basically allows people to connect directly using HTTP instead of gRPC,
which is a protocol of connecting to the server.
And HTTP is way more reliable for mobile.
So we are going to plug that in in the upcoming upgrades.
And hopefully it will solve some of your issues and you'll see a huge improvement.
Oh, awesome.
Awesome.
Another thing I think I'll ask generally.
So while we're speaking here i was like
interested in the parts where you know it was mentioned like using injective for everything
like once you bridge in you don't have to like go anywhere else and like the first thing that
came into my mind was you know first of all um i guess on exchanges i think we've mentioned this
sometime last year maybe even two years ago ago, USDT native on exchanges.
But then I thought again for a second on the bridge ever since the EVM mainnet launched on the bridge.
I noticed that the bridge is from any network to injective usdt so my question is um why not or is there like is there something that
does not allow us to just bridge directly from all those other places onto ing on injective directly
or because i feel like we will still need because anybody who is stepping in for the first time
will still need like the native ing to use as gas i only forget what i'm saying so um if the
person bridges from like maybe bnb to ing the person is probably going to bridge from bnb down
to usdt on injective but then we still have to find a way to kind of like get tiny ing so um is
there like a way or maybe it's just an explanation so I can get why it was not like set there, like bridging from any chain to ING ING.
Can I get some answers for that one?
Can anyone hear me?
Sorry, I can hear you.
And I can chime in.
I'm not necessarily sure what your question is.
What is it, simply put?
To bridge from any other chain to injective from the bridge.
To bridge from any other chain to injective from D-Bridge, the only option is USDT on INJ and not INJ on INJ also, I believe.
Well, yes, because INJ has one native version.
I can check in with D-Bridge on this.
You'll start to see some more Sablecoins go live that D-Bridge will also natively support.
So you'll have more than just usdt but um the main reason we didn't open up the inj route is because
you'll likely not have a use case for inj on another chain right and that that's why it was
strategically done but is there a particular reason why you want to bridge INJ from other chains? Like, what other chain do you have INJ on?
More or less, like, maybe not a direct route,
but what I'm saying is, you know, these things happen. Like, for example, let's say someone is bridging from Seoul to, like, PMB, right?
You could just, like, cross it over.
So what I'm asking asking is anyone who is trying
to like use the bridge you know the option like just have the option they're available to bridge
into injective on the native ing because most of the time um i would like to just bridge directly
rather than having to try to swap or you know how it works. Sometimes we just have to like move funds all over the place to bring back the profit home
So that's me to change either that or is there a way that USDC or INJ can be available on exchanges something like that
Got it. Um
I will check in with the bridge. I don't think you'll that's my main question, right?
I still don't see why you would need INJ on another chain.
Like why do you need INJ on Arbitrum for instance?
So that's why we didn't open that route.
But if it's like something you really need, I can check in with them.
Okay, I'm going to say I'm going to say this one more one more time
i want to come from okay let me give an example measure for a for a second if i want to go to
a new environment right like for example arbitron and i have like zero dollars on arbitron and i
have like a shit ton of money on Injective.
When I want to bridge, I just bridge directly.
Like I can swap to USDT.
As we speak right now, I can swap to USDT on Injective and bridge over to Arbitrum.
Then maybe Arbitrum ETH and I can do whatever I want.
Because that's how I easily move around. I just bridge to the gas token, like the native gas token over there.
Then I do the swaps and whatever on that chain now coming back to injective right what i'm saying is i'm not
talking about the injective on any other chain but just like to bridge like to cross bridge
let me just change from whatever token that is to the native ing on ing i'm not talking about
ing in different bridges but just to send it over
back to the biz ing i don't know if you get what i'm saying yeah no i got it okay i'll check in
with them um to see if they can enable routes outside of usdt i know they'll enable some other
stablecoin routes that'll also help with this as well, if that makes sense.
Exactly. Exactly. It makes absolutely sense.
Q, I think what you're asking is like, you know, can D-Bridge handle, you know,
essentially bringing USDT from, let's say, an Arbitrum and doing some sort of swap, and then you receive INJ on INJ?
Exactly.
Yeah, I think that's maybe what you're asking.
And I don't know if dBridge has that capability yet,
but certainly I think there are other bridge solutions
that do offer, you know,
those cross-chain swaps that you're talking about.
So it's not only a bridge across,
it's also a swap as well as the bridge process.
Exactly, exactly.
Okay, I was just asking because I wanted to figure out
if there was a way, maybe D-Bridge or Injective
will kind of speak to D-Bridge
and maybe something could be figured out.
Yeah, again, I don't know the capabilities there
on those solutions, but definitely stay tuned
as I do think we have something in the pipeline that will answer sort of that question directly.
Absolutely.
Okay.
The last thing, easy.
I want to just ask if Merza is aware of the Ninja NFT on EVM.
I'm not very aware.
Well, you need to take a look at Raribo.
Okay, I will take a look.
Alright, thanks guys. That's all I had to ask.
Of course, anytime.
Wait, is this NINJA Origin on Raribo?
Yeah, NINJA Origin. Yeah yeah i think we've minted mirza
yeah i know we minted i missed the mint date so i'm supposed to be buying it
but yes i will get around to it
I guess we got Kay for the last question.
I see Bojan answering everything on the chat.
What's up, Kay?
All right, guys.
GM, GM, everyone.
I just want to ask
Musa a particular question, right?
Because I noticed
on Henleks, what we trade on Henleks is
derivatives
of different shares.
So my question is,
is it possible for me to have
real pre-IPO shares on injective?
And the second question goes this way.
What's actually the difference
between the derivatives we trade on injective
and the main pre-IPO shares?
Because I noticed what we trade here is the derivatives.
And is it possible for us to have that the main shares on injective? pre-IPO shares because I noticed what we treated as the derivatives.
So is it possible for us to have that, the main shares on chain, like on Injective?
Yes.
So we're working on it.
That's what some of the licensing work is based on.
There's a couple pros and cons of each approach, right? Like, yes, you can have the tokenized pre-IPO shares on Injective or equities.
That'll come sooner or later, right?
And that's good. You can access the asset on-chain tokenized. The derivative has some unique advantages that
the tokenized version actually doesn't. For instance, with the derivative, you can trade
it on leverage. You can trade it 24-7. It's much easier to go in and out and it's much better for
traders because it effectively just tracks the exact price. So it's the same as buying it. It's a very similar concept to holding Bitcoin versus trading the Bitcoin perp, right?
Yes, you can hold the Bitcoin and that has its value. But if you want to trade on leverage and
maximize your returns, a lot of people trade the perp instead for Bitcoin. That's why the Bitcoin
perp has 30, 40, sometimes 50 X more volume than the spot pair.
So yeah, I hope that answers your question.
So yes, we're working on it.
There's no distinct difference between the derivative and the actual tokenized share
of something or tokenized version of something.
The only difference is you technically don't own that asset.
You own a derivative of that asset.
And a derivative is
better for traders. It's better for ROI. But the spot asset is better for, let's say, long-term
holding if you're not speculating. So yeah, hope that answers your question. Yeah, sure. Thank you So, thank you so much. Of course.
I got to drop in a couple minutes, you guys.
Same.
I kind of have to drop for my next call, but this has been really fun.
So, appreciate it.
Let's do it every month.
Give us suggestions.
I really do mean it.
Like, give us feedback.
The questions are good, but if there's feedback you guys have on anything we discuss, the burn, the summit, partnerships you want to see, licenses you want to see, dev tools you want to see, AI vibe coding tools you want to see, just let us know and we'll work on it.
We are here at your service and that's what we're working on every day. So I appreciate you guys being here.
Whether it's bull or bear, I appreciate you guys always. So, thank you.
Mirza,
thank you, Rocky. I think
I want to give away at least one
to Ninja Passes
now that people want to
participate in the Community Burn.
Yeah, let's hit it.
What do you guys think?
Let's see. I want to see some
chat.
Our hands up for a ninja pass yes sir all right we'll let you handle the the ninja pass drop um but again thank you everyone for being here and um yeah i appreciate you all
