At its New York summit, Injective announced a suite of tangible products, including an AI-powered DApp builder, designed to bring decentralized finance tools closer to everyday users.
Blockchain carries a huge potential to improve finance by offering faster settlement, greater transparency and open access to markets. But while the technology has moved fast, meaningful access hasn’t kept pace. Building decentralized apps required specialized knowledge. Practical tools and frameworks to simplify participation and align community incentives have been slow to emerge, leaving much of blockchain’s promise stuck in theory rather than everyday use.
Steps toward addressing these problems recently took shape in a grand hall in New York City. During the Injective Summit, held at the historic Hall des Lumières — a 19th-century bank reborn as a digital art hub — blockchain leaders and financial institutions gathered to lay the foundational stones for a more accessible and integrated financial system.
It was against this backdrop that Injective, a blockchain built for finance, announced a suite of tools designed to turn blockchain’s promise into real, usable solutions. Since its inception, the project has provided developers with a collection of over a dozen custom Web3 modules that offer plug-and-play infrastructure.
These pre-built solutions, which comprise an onchain central limit order book (CLOB) based decentralized exchange, tokenization, lending, oracles, bridging and more, allow developers to rapidly imbue their decentralized applications (DApps) with sophisticated functionality without starting from scratch. At the summit, Injective revealed the latest evolution of this developer-first approach.
Network fees fuel the community
One of the landmark announcements was the evolution of Injective’s Burn Auction into the “Community Burn.” While the core goal of driving deflationary pressure that scales with ecosystem growth remains, the new model overhauls participation to be more inclusive.
Previously, the system operated as a winner-take-all auction. A basket containing 60% of all revenue generated by DApps using Injective’s Exchange module was auctioned off weekly. While effective, this model created a high barrier to entry, with auction sizes often nearing $100,000. The Community Burn aims to change this dynamic completely.
Now, on a monthly basis, 50 to 100 participation slots are opened to the community. Any user can commit their INJ tokens within set limits to reserve a spot. At the event’s conclusion, the entire basket of collected assets is distributed to these participants on a pro rata basis in exchange for their committed INJ, which is then permanently burned.
This refined approach maintains the revenue-driven deflationary mechanism of the original design while democratizing access, allowing a much broader base of users to participate directly in the ecosystem’s value capture.
In addition, the Injective Revenue Fund was introduced to serve as a transparent public vehicle for aggregating real-time onchain revenue across the network. This new fund can enhance token burns while also supporting a broad range of ecosystem initiatives, helping to drive the platform toward a more open and community-aligned financial system where contributors can play a direct role in its growth.
From a simple prompt to a live DApp
Another key development presented was iBuild, an AI-powered platform that aims to redefine the DApp development experience. Building in Web3 has historically been reserved for highly specialized developers. iBuild addresses this by allowing users to construct financial applications using simple text prompts.
For example, a builder can instruct the AI to create a lending platform with specific crypto markets, and the system will generate a production-ready application for the Injective network. This intuitive process empowers a new generation of creators, from Web2 developers exploring blockchain to non-technical entrepreneurs, to bring their financial ideas to life.
Steering the ship with industry experts
To help guide its ecosystem, Injective also introduced the Injective Council, a governing body comprising respected names in global finance and tech. Featuring leaders from firms like Binance, Deutsche Telekom, Google Cloud, and Galaxy Digital, the council is a strategic initiative designed to align growth with deep industry insight.
Meeting every two months, council members review progress and help steer high-impact decisions, from protocol upgrades to partnerships.
We’re thrilled to announce that New York City Mayor Eric Adams will be speaking at the Injective Summit 🇺🇸@NYCMayor has been a vocal advocate for crypto from the start and has made it clear that he wants to make NYC the crypto capital of the world. That vision is coming to… pic.twitter.com/tjTPoEOKW0
— Injective 🥷 (@injective) June 24, 2025
“We’ve shipped some very exciting updates and products during this year’s Injective Summit,” said Injective Foundation co-founder and CEO Eric Chen, adding:
“From announcing iBuild, which empowers non-technical builders to architect a DApp using only natural language prompts, to establishing the Injective Council, we are making finance more accessible and transparent, with some incredible partners by our side.”
Real progress in finance comes from practical tools, not just ideas. By delivering code that lowers barriers and creating frameworks that build trust, initiatives like Injective move beyond theory into action. They represent tangible steps toward building the foundation for a more integrated and accessible financial future.
Learn more about Injective and the Injective Summit
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