What does $INJ actually do? Part 2 We've explored how INJ helps secure Injective and lets eligible stakers participate in network decisions. Now, let's look at two other important roles. 3. Transaction fees Blockchains need resources to process transactions. These resources aren't free. On Injective, users pay gas fees for onchain activity, with INJ used to pay transaction fees. Think of it like a processing fee when you make a payment. The fee helps cover the resources needed to execute your transaction. This gives INJ a practical role whenever people interact with the network, not just when they trade the token. 4. The Community BuyBack This is where Injective connects ecosystem revenue with its token economics. During a BuyBack round, participants commit INJ in exchange for a proportional share of eligible ecosystem revenue. The committed INJ is then permanently burned. In simple terms, participants commit their tokens, receive a share of the eligible revenue, and those committed tokens are removed from circulation. Why does this matter? It connects activity across the ecosystem to a mechanism designed to reduce the amount of INJ in circulation. However, a token burn doesn't automatically mean the price will rise. Market demand and other factors still matter. Putting it together INJ has roles in network security, governance, transaction fees and the Community BuyBack. Understanding these functions helps you see how the token fits into Injective beyond its market price. And that's where the deeper research begins. 🥷 @injective