The upcoming IIP-617 proposal is set to make significant changes to the tokenomics of INJ, aiming to combat inflation and enhance the token's burn rate. The source reports that this proposal is scheduled for a vote on January 19, 2026, on the Injective governance platform, and it could reshape the future of the INJ token.
IIP-617 Proposal Overview
The IIP-617 proposal seeks to lower the annual inflation rate of INJ while simultaneously increasing the burn rate of auction proceeds derived from network fees. This dual approach is designed to create a structural shift in the token's supply dynamics, making deflation a more automatic process as network activity increases.
Potential Impact on INJ Supply
If approved, the changes could lead to a net contraction in the supply of INJ tokens, potentially boosting their value for long-term stakers. By aligning the tokenomics with the growing network activity, the proposal aims to enhance the overall economic model of the Injective ecosystem.
Recently, DFINITY introduced the Mission 70 white paper, detailing a strategy to reduce ICP inflation by 70%. This initiative contrasts with the upcoming IIP-617 proposal for INJ, which aims to combat inflation through tokenomics changes. For more details, see Mission 70.
