Injective has rolled out its most significant mainnet upgrade yet, marking the dawn of a new era in Web3 finance. With the Volan Upgrade, Injective introduces the first real-time global asset framework, enhancing blockchain upgradeability, interoperability, and introducing unique burn potential and additional services.

The Volan upgrade boasts an unparalleled L1 framework for developers and institutions, including a special permissioned entry point for institutions amid the operational Bitcoin Spot ETF. This paves the way for the release of novel use cases and wider cryptocurrency adoption.

Injective has pioneered the Real World Asset (RWA) model, offering a fresh approach to developing and managing permissioned assets with enhanced customization options. This model enables institutions to offer and engage with a variety of built products and RWAs, including tokenized fiat pairs and treasury notes, through adaptive entry points.

Supported by prominent Web3 organizations like Brevan Howard and Cumberland, Injective’s RWA model empowers institutions to offer permissioned assets while retaining control over interacting addresses, catering to their adaptive needs and enabling entry into the on-chain space, a previously unattainable feat.

The Volan upgrade also enhances the Inter-blockchain communication (IBC) protocol, facilitating seamless interaction with Injective’s Web3 financial models and cross-chain transactions, simplifying order routing and swaps without requiring users to navigate multiple phases.

Injective’s new enterprise APIs deliver a significant latency reduction of 90%, streamlining transaction upload to the blockchain without relying on indexers.

In its pursuit of a network prepared for any financial asset, Injective enables applications to integrate off-chain price inputs onto the blockchain. Furthermore, adjustments to on-chain inflation levels result in deflation of the iNJ token, with the potential for burning every bank token issued on Injective with the Volan Upgrade.

Developed in response to community support for Injective Improvement Proposal 314 (IIP-314), the Volan upgrade enhances dApp availability and positions Injective as a lightning-fast interoperable L1 blockchain optimized for top-tier Web3 finance applications, offering plug-and-play models for unparalleled dApp creation, bolstered by the traditional asset, INJ.