Injective's "Supply Squeeze" approved on 20 January 2026 with 99.89% yes

On January 19, 2026, Injective's community approved the "Supply Squeeze" to cut INJ issuance, with 99.89% voting yes. The changes pair lower emissions with ongoing buyback-and-burns; roughly 6.85 million INJ have already been destroyed, while TVL sits below $20 million, according to DefiLlama.