INJ Risk

Injective (INJ)
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DESCRIPTION

INJ is the native utility token of the Injective Protocol, a decentralised layer-2 derivatives exchange platform built on the Cosmos blockchain ecosystem. The platform allows users to trade a variety of financial products, including perpetual swaps, futures, and spot trading, without the need for intermediaries. The INJ token serves multiple purposes within the Injective ecosystem, including staking for network security, participating in governance decisions, and providing liquidity. INJ holders can stake their tokens to help secure the network and earn rewards in return. Additionally, INJ tokens are used to pay for transaction fees and can be used to vote on proposals that shape the future development of the protocol, ensuring that the Injective community has a voice in the platform's evolution.

Injective (INJ) Whitepaper: https://injective.com/

‍RISKS OF INJECTIVE
Investing in cryptocurrency and digital assets, such as Injective (INJ), carries inherent risks, including but not limited to:
(i) Volatility risk and liquidity risk
(ii) Regulatory risk
(iii) Security risk
(iv) Market risk
(v) Smart contract risk
(vi) Governance risk
(vii) Technological riskFor additional information on risks associated with cryptocurrency and digital assets, you may refer to the Satstreet Inc. Services Risk Statement. Please note that these risks and the associated summaries or overviews provided herein are not intended to be a complete overview of all such risks, and there may be other risks associated with exposure to INJ. We encourage all users to perform their own due diligence to assess the risks associated with INJ and to determine whether this level of risk is acceptable to them. Neither INJ nor Satstreet guarantees the value of INJ, and holders of INJ will not have any recourse to INJ or Satstreet if the value of INJ declines for any reason whatsoever.

‍SATSTREET EVALUATION OF INJ
Satstreet Inc. has reviewed and assessed INJ prior to making it available through our services and has concluded that INJ is not a security or derivative under Canadian securities legislation; however, there is a risk that this conclusion could change in the future and that, in such event, Satstreet will be required to halt, suspend, and then remove INJ from its platform as described in the Satstreet Inc. Services Risk Statement.Further, as indicated above, no Canadian securities regulatory authority has expressed an opinion about INJ, including an opinion that INJ is not itself a security and/or derivative. Based on publicly available information Satstreet has reviewed INJ, including, but not limited to, a review of the following: The creation, governance, usage, and design of INJ, including the source code, security, and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that created INJ. The supply, demand, maturity, utility, and liquidity of INJ. Material technical risks associated with INJ, including any code defects, security breaches and other threats concerning INJ and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them. Legal and regulatory risks associated with INJ, including (i) any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of INJ, and (ii) statements made by any securities regulatory authorities in Canada, other regulators in IOSCO-member jurisdictions, or the regulator with the most significant connection to INJ about whether INJ, or generally about whether the type of crypto asset, is a security and/or derivative.
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Last Updated: August 2024

Risk Statements

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