Injective Adds Tokenized Stock Rewards to Its Burn Program @Injective has launched its first "Stockdrop," a new initiative that distributes tokenized stocks directly to users who participate
Injective Adds Tokenized Stock Rewards to Its Burn Program
@Injective has launched its first "Stockdrop," a new initiative that distributes tokenized stocks directly to users who participate in the protocol's Community BuyBack program. The move represents a meaningful upgrade to an already active deflationary mechanism, layering real-world asset rewards on top of the existing burn-and-earn model.
The Stockdrop is described as a first-of-its-kind event that brings community-driven burns, ecosystem revenue, and stock token rewards together in a single experience.Participants commit $INJ, earn a pro-rata share of revenue generated across the Injective ecosystem, and help permanently remove every committed $INJ from circulation. Now, with the Stockdrop, that participation unlocks an additional layer of reward.
Every address that commits $INJ to the Community BuyBack will also have a chance to receive a tokenized stock directly on Robinhood Chain.Eligible stocks include names such as $NVDA, $AAPL, $TSLA, $META, $COIN, $MSTR, $AMC, and others. Users can connect their participating wallet via the Injective Hub after the BuyBack round closes to claim their stock reward.
Over 7.2 Million $INJ Burned and Counting
The Stockdrop arrives against the backdrop of a significant supply milestone. Over 7.2 million $INJ, worth approximately $55.5 million, has been burned to date through the protocol's buyback and burn program.
The broader burn history reflects a program that has grown steadily since launch. Before the monthly Community BuyBack rounds began, Injective ran a burn auction that removed 6.78 million $INJ from circulation, representing roughly 7% of total supply, worth about $32 million at the time.Across the first four monthly Community BuyBack rounds, an additional 178,338 $INJ was burned, with over $776,000 in rewards distributed and an average participant return of around 23.9% per round.
The mechanism works by allocating a portion of revenue generated by dApps on the Injective network to a buyback fund, using it to purchase $INJ on the open market, and then permanently burning the acquired tokens to reduce circulating supply. The Stockdrop adds tokenized stock distributions on top of that existing structure, giving participants a third potential reward stream alongside ecosystem revenue and deflationary exposure.
Injective has also seen broader momentum on the protocol side. The Meridian mainnet upgrade, focused on institutional-grade real-world asset tokenization standards, activated on September 24, 2026. The Stockdrop and the Community BuyBack round are running concurrently, with the burn event confirmed for September 30, 2026.
Sources:Injective Blog: Introducing Injective StockdropInjective Blog: 2026 Community BuyBack GuideBitget News: Injective burns 43,500 INJ in record Community BuyBack participation