Just wrapped up this month's INJ community buyback initiative (Round #224), and the numbers tell an interesting story.

6.86 million INJ tokens pulled out of circulation. That's real deflation happening—not the theoretical kind. When you're systematically removing supply like this, you're directly tackling sell pressure that would otherwise weigh on price discovery.

What caught my eye though is the alignment mechanic here. Users, liquidity providers, and long-term holders all benefit from the same mechanism. No one's getting squeezed out of the narrative. That's smart tokenomics design.

And if you actually participated? You're looking at 22% APR on your position. That's not a throwaway number in today's yield environment. It's the kind of return that makes holding through volatility feel less like faith and more like math.

This is how projects build staying power—not through hype cycles, but through structural incentives that align the whole ecosystem.