Ultimately, the current financial system is broken.
We've all been there.
We've all been charged outrageous gas fees, forced to endure painfully slow transaction times, and, at some point, locked out of our own accounts with no explanation.
The world needed a change.
The blockchain ecosystem needed a savior—a messiah—someone who would rise like a phoenix from the ashes, ready to rescue it from the peril that had already eaten deep into its core.
Ethereum, once hailed as the foundation of decentralized finance, was now struggling under its own weight.
The cracks were glaring—network congestion, sky-high fees, and inefficiencies that turned what should have been financial liberation into yet another system of barriers.
This was the reality that demanded a solution.
A revolution was inevitable. And that’s where @Injective comes in…
In 2018, $ETH -based decentralized exchanges were plagued with inefficiencies—frontrunning, maximal extractable value (MEV) exploitation, and a severe lack of liquidity.
These flaws turned what was meant to be a decentralized financial innovation into a frustrating experience for traders.
#Injective🔥 set out to change that.
The goal was clear: to create a frontrunning-proof, MEV-resistant decentralized exchange protocol that truly empowered users, giving them ownership and control over their finances and future.
But Injective didn’t just stop at fixing a broken system—it reimagined the entire foundation on which decentralized finance could thrive.
Unlike any other blockchain, Injective was purpose-built for finance, crafting an infrastructure designed from the ground up to optimize financial applications.
“Every single upgrade, every single integration, every single development, every single evolution for the Injective ecosystem is going to be geared towards financial applications. We are trying to address all these inefficiencies into a completely revolutionized and reshaped financial future.” — Eric Chen
Interestingly, Injective didn’t start out as a Layer 1 blockchain. The original vision was to build a more efficient and decentralized DEX protocol—one that would solve the glaring issues of its predecessors.
Initially conceived as a Layer 2 solution, the team soon realized that the only way to truly eliminate these inefficiencies was to build a blockchain from scratch, tailored specifically for financial applications.
What began as an ambitious attempt to fix decentralized exchanges evolved into something far greater—a blockchain designed to power the future of finance itself.
And now, with a solid foundation in place, the question remains…
What’s next for Injective?
Stay tuned for Part 2 of this write-up, where I will focus more on the future of Injective and the groundbreaking innovations yet to come.
You won’t want to miss it!