@injective has added a new incentive to its Community BuyBack program. The latest round, which opened on September 23, includes a feature called Stockdrop, giving each participating wallet ad
@injective has added a new incentive to its Community BuyBack program. The latest round, which opened on September 23, includes a feature called Stockdrop, giving each participating wallet address a chance to receive a tokenized stock such as NVIDIA or AMC, delivered on Robinhood Chain.
The mechanics of the Community BuyBack have not changed. Participants commit $INJ tokens via the Injective Hub, receive a pro-rata share of ecosystem revenue, and permanently remove their committed tokens from circulation. Each address is eligible for one stock token, regardless of the size of their INJ commitment, while the revenue share and burn remain proportional to the amount committed. The Stockdrop claim window opens after the buyback concludes and remains available for one week, with users required to connect the same wallet used during the buyback to complete the claim.
Injective describes Stockdrop as a first-of-its-kind event that brings community-driven burns, ecosystem revenue, and Stock Token rewards together in a single experience. The tokenized stocks on offer, including NVIDIA and AMC, are delivered on Robinhood Chain, an Ethereum Layer 2 where tokens that track equities trade around the clock on-chain, settle in seconds, and plug directly into DeFi.
The Community BuyBack program has been running monthly since late 2025. It launched in November 2025 following governance proposal IIP-617, which passed with 99.96% of votes in favor, establishing what Injective calls the $INJ Supply Squeeze, a broader deflationary framework connecting monthly BuyBack burns with the protocol's existing burn auction mechanism.
The numbers behind the program are significant. According to the original copy, rounds completed to date have burned over 7.2 million $INJ, worth approximately $55.5 million. Burn sizes have grown from 36,900 INJ to nearly 55,000 per round, and participants have not earned below 20% in any round yet.The largest single round to date, completed in June 2026, used over $315,000 in protocol revenue to repurchase and permanently burn INJ tokens.
The underlying logic is straightforward: more activity on the Injective ecosystem generates more protocol revenue, which increases the BuyBack pool, which results in more $INJ being burned each round. The addition of Stockdrop introduces a tangible real-world asset reward on top of that deflationary loop, potentially broadening the appeal of participation beyond existing INJ holders.
Sources:Injective Blog: 2026 Community BuyBack GuideBlockchain.News: Injective Launches StockdropDwellir: What Is Robinhood Chain?
