Matrixed.Link joins Injective Protocol as a Validator

Injective Protocol is on a mission to create a truly free and decentralized financial network for all. The mission is to create a more free and inclusive financial system through decentralization by empowering individuals with the ability to more efficiently allocate capital.

Today, we’re excited to announce that Matrixed.Link — a leading DLT service provider — has joined the group of top-tier validators to help provide the critical infrastructure needed to make this mission a reality. To date these validators have all helped to secure billions of dollars in aggregate assets for some leading cryptoassets.

Matrixed.Link’s journey to joining the Injective Network began in a series of service expansions. By running critical infrastructure for the Chainlink Network for the past 2 years; the team has built a robust tech-stack. ‘By leveraging our expertise, secure infrastructure and high reliability we have been gradually expanding our offered services.’ Matrixed.Link now runs oracles, validators and premium endpoints for a number of leading web3 projects.

‘We were motivated to join the Injective Network as a validator because it would give us the opportunity to play a key role in expanding the rapidly growing Web3 economy. We also recognized that being active and networking in the growing Web3 ecosystem would bring us many opportunities to contribute towards a decentralized future.’

Beyond Injective Network’s cutting-edge technology, there are several features that make it the the open interoperable smart contract platform optimized for DeFi applications:

• Plug-and-Play — Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm.
• Core Exchange Module — Injective’s core exchange module provides state-of-the-art capabilities including an advanced on-chain order book and matching engine for spot, perpetual, futures and options markets, resistance to Miner-Extractable Value (MEV) through frequent batch auction order matching, and zero gas fees for users.
• 10,000+ TPS — Injective is built with the Cosmos SDK and leverages a Tendermint-based Proof-of-Stake consensus mechanism, which allows it to achieve instant transaction finality while sustaining lightning-fast speeds.
• Interoperable — Injective natively uses IBC and is highly-interoperable with multiple layer 1s, including, but not limited to, Polygon and Solana (through an upcoming Wormhole integration). It is also uniquely built to be interoperable with Ethereum, through its own decentralized ERC-20 token bridge, making Injective the first network within the Cosmos ecosystem to natively support Ethereum assets.
• Automatic Execution — Smart contracts are implemented on Injective through CosmWasm, allowing for multi-chain smart contract transactions to occur seamlessly. Injective, however, is the only blockchain that enables automatic smart contract execution. This capability serves as a powerful building block for developers to create novel use cases that would not be possible on any other chain.
• $INJ — INJ is the native utility token that powers Injective and its rapidly growing ecosystem. The INJ token is used across a diverse range of functions such as:

Protocol governance

dApp value capture

Tendermint-based Proof-of-Stake (PoS) security

Developer Incentives

Staking

The Injective Network enables developers to:

• Build new highly interoperable cross-chain DeFi applications with fast transaction times and instant finality.
• Access deep cross-chain liquidity and novel financial instruments, including decentralized perpetual swaps, expiry futures, binary options and prediction markets.

About Injective Protocol

The Injective Chain is a public blockchain network custom built to support the next generation of DeFi applications. Injective utilizes Tendermint consensus and the core protocol logic is implemented through native modules built on top of the Cosmos-SDK and through smart contracts on the CosmWasm smart contract layer. Applications built on Injective’s smart contract layer can access a wide array of powerful exchange and DeFi primitives, including on-chain liquidity, on-chain order-books, oracle price feeds, cross-chain bridging and execution abilities. Additionally, Injective uniquely supports the ability for automated smart contract execution with self-executing smart contracts — a powerful new primitive that unlocks a novel design space for applications
Learn more about Injective Protocol by visiting injective.com or reading the developer documentation at docs.injective.network. To discuss an integration, reach out in the discord.

About Matrixed.Link

Matrixed.Link is a Dutch based DLT service provider aiming to provide the most reliable and secure data on-chain. The team is working around the clock to help the web3 ecosystem evolve. Matrixed.Link offers services as a node service provider. The team runs validators, oracles and premium endpoints for leading Web3 companies. By continually expanding their offered services; the team increases their footprint in the Web3 ecosystem.