Injective platform's proposal IIP-494 for the Nivara chain upgrade has been approved, marking significant improvements in the network.
Key Features of the Nivara Upgrade
The Nivara upgrade scheduled for February 18, 2025, at 14:47 UTC includes:
- **Next-Generation RWA Oracle:** Introduction of enhanced RWA oracle price update support for real-world assets. - **Modernized RWA Module Architecture:** Ensuring improved access control mechanisms and flexible configuration options. - **Expanded Authorization Framework:** Support for Authz grants for wasmx/MsgExecuteContractCompat. - **Enhanced Exchange Module Security:** Market fund isolation for increased security. - **Reinforced Injective Bridge Security:** Implementation of segregated systems for handling suspicious deposits.
Injective’s Strategic Expansion and EVM Integration
The recently announced EVM integration will enhance Injective's performance and interoperability, with EVM embedded directly into the platform's infrastructure, simplifying interaction with Ethereum applications.
Expanding Access to Traditional Finance Markets
Helix's innovative on-chain index allows users to trade major public equities like Amazon and Microsoft on blockchain, offering 24/7 trading with up to 25X leverage.
The Nivara upgrade strengthens Injective's position as an innovator in DeFi and equips the platform with new opportunities for expansion and integration.
