Injective Rolls Out Layer-3 Network Through Arbitrum, Adds Token Burn

Injectiv has announced the launch of inEVM, a Layer-3 network powered by Arbitrum's Orbit Toolkit.

It aims to enhance connectivity between the Ethereum, Cosmos and Solana networks, pushing the boundaries of blockchain interoperability and functionality.

Injection and arbitrage improve blockchain interoperability.

The inEVM network design allows integration with the Ethereum Virtual Machine (EVM). Arbitrum technology enables developers to create customizable blockchains, ensuring compatibility across different ecosystems.

This expansion is critical for Injector, which primarily uses Cosmos technology. Co-founder Eric Chen emphasized the importance of this development.

“The integration with Arbitrum extends beyond building blockchain networks or infrastructure. It enforces the fundamental principles of interoperability – bridging the gap between Ethereum, Cosmos and other widely accepted L1s – a system where cross-chain assets and liquidity can truly integrate across ecosystems. environment,” Chen said.

Synthesis also plays an important role in the toconomics of injectable ecology. It includes a burning mechanism where a percentage of all protocol charges are merged and systematically destroyed. Therefore, the new injectable layer-3 network will increase the efficiency of the transaction process, creating an economically sustainable ecosystem.

Read more: Layer 1 vs. Layer 2: What's the difference?

It is worth noting that the Arbitrum Orbit toolkit is at the heart of this integration. Developed by Ofchen Labs, it provides tools to create scalable, secure and efficient Layer-2 solutions.