Injective partners with DojoSwap to launch CW20-Reflection token standard
Injective Labs announced a partnership with DojoSwap to launch the industry's first CW20-Reflection token standard, aimed at providing developers with a more flexible way to create tokens and promote the development of various applications. This standard allows for the development of new types of tokens, such as customizable parameter tokens that allow for sharing of protocol fees with users. The CW20-Reflection token standard supports two modes: pure tax tokens and reflection tokens, providing transfer taxes and other customizable tax parameters, promoting the creation of new financial derivatives, and potentially accelerating the development process of DeFi applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana’s New Inflation Overhaul Proposal Fails, Stakeholders Say Vote Signals Strong Community Engagement
A proposal to revamp Solana’s inflation system has been rejected by stakeholders, yet it is being celebrated as a milestone for the network’s governance.

Telegram Founder's Departure Triggers 67% Spike in Toncoin Trading
XRP Price Surges Against Ether, Fueling Speculation of Market Cap Flip
Trending news
MoreCrypto prices
More








