TechFlow news: Injective has announced the launch of its gas compression feature, reducing on-chain transaction costs to the lowest level across all cryptocurrencies.
Now, transactions such as staking, trading on dApps, lending and borrowing, minting NFTs, or voting on governance proposals will effectively cost zero.
Currently, each transaction on the platform costs just 0.00001 INJ, equivalent to $0.0003. The updated gas pricing has been applied across all tools and products, ensuring a seamless transition for users.
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