Injective has successfully completed the Nivara Chain upgrade, bringing a range of improvements and new capabilities to its blockchain platform.
Key Features of the Nivara Upgrade
The Nivara Chain upgrade includes the introduction of next-generation RWA oracles, modernized RWA module architecture, expanded authorization framework, and enhanced security for exchange modules and bridges. These advancements ensure more reliable data streams and security for decentralized applications on the Injective platform.
Strategic Expansion and EVM Integration
The upgrade follows a recent announcement of Ethereum Virtual Machine (EVM) support on the Injective blockchain. This integration enhances performance and compatibility with Ethereum, eliminating the need for third-party bridges and making the platform more reliable.
Expanding Access to Traditional Finance Markets
Injective has launched a new TradFi index on its decentralized exchange Helix, enabling users to trade the largest publicly traded stocks on-chain. This initiative strengthens the bridge between traditional finance and decentralized applications, expanding user opportunities.
The Injective Nivara Chain upgrade marks a significant milestone for the platform, offering new features and expanding its access to traditional finance markets, making it more competitive in the DeFi ecosystem.