The Injective platform has undertaken a major upgrade of the Nivara Chain, bringing numerous enhancements to the blockchain ecosystem.
Key Updates of Nivara
The Nivara Chain upgrade introduces several important enhancements. A new RWA module now supports real-world asset price updates, improving data quality for decentralized applications. The RWA module's architecture has been modernized to offer flexible tokenization options. The new authorization system allows for detailed delegation control, enhancing security and compliance. Security has also been boosted in the exchange module and bridge, increasing overall platform reliability.
EVM Integration and Ecosystem Expansion
The Nivara upgrade comes just weeks after the announcement of EVM integration. This development strengthens Injective's position in decentralized finance by ensuring compatibility with Ethereum-based applications. EVM integration enhances performance and security by eliminating the need for third-party bridges, making the platform more accessible to developers.
Expanding Access to Traditional Markets
Injective has launched a traditional finance index through its decentralized exchange Helix. This new index allows trading of major stocks like Amazon and Microsoft 24/7, with up to 25X leverage. Such innovation opens up access to a wide range of financial tools, bridging the traditional and decentralized finance worlds.
The Nivara Chain upgrade and EVM integration significantly broaden Injective's capabilities, establishing a bridge between traditional and decentralized financial systems.
