The Nivara Chain Upgrade has been officially approved, marking a significant milestone for the decentralized layer-1 blockchain platform. This upgrade will introduce vital improvements and new features to the Injective network.
Key Features of the Nivara Upgrade
The next-generation RWA Oracle will introduce advanced capabilities for updating real-world asset prices, providing more reliable data feeds for decentralized applications on Injective. The new RWA module architecture will enhance tokenization capabilities with improved access control and flexible configuration. The expanded authorization will support Authz grants, offering fine-grained delegation capabilities. Security enhancements in the exchange module and bridge system will ensure platform integrity and reliability.
Injective's Strategic EVM Integration
The recent integration of native Ethereum Virtual Machine (EVM) support will enhance the platform's performance and interoperability, solidifying its position in the DeFi ecosystem. Unlike traditional solutions, Injective's direct EVM integration into its core infrastructure makes the platform faster and more secure. This also facilitates the transition for developers familiar with Ethereum tools onto Injective.
Expanding Access to Traditional Finance Markets
Injective has launched an on-chain index via its decentralized exchange, Helix, that tracks stocks of the largest publicly traded companies. The new TradFi stock index enables trading of companies like Amazon, Apple, and Microsoft, with up to 25X leverage. This 24/7 market allows users to engage with equities anytime.
The Nivara Chain Upgrade introduces opportunities for Injective, including enhanced security, EVM integration, and market expansion. These changes strengthen the platform's position in the world of decentralized finance.
