Injective Debuts Stockdrop Program Featuring Tokenized Equities
Injective has introduced a Stockdrop event, allowing users to earn tokenized shares of companies like Nvidia, AMC, and Meta by burning INJ tokens through its existing buyback infrastructure.
Injective launched a new initiative called the Stockdrop, which provides participants the opportunity to receive tokenized versions of real-world equities. The event, which began on September 23 and runs through September 30, allows users to earn shares of Nvidia, AMC, Meta, Snap, SPCX, and HIMS.
The mechanism functions by integrating with Injective’s monthly Community BuyBack program. Participants commit INJ tokens to be permanently burned, which reduces the circulating supply. In return, users receive a portion of the ecosystem's revenue, with the Stockdrop adding a random allocation of tokenized stocks for participating wallets.
The allocation process is independent of the amount of INJ committed. Whether a user contributes 10 INJ or 10,000 INJ, each wallet has an equal chance of receiving a reward. Following the conclusion of the event on September 30, participants have a one-week window to claim their allocated tokenized stocks.
These tokenized equities are hosted on the Robinhood Chain, an Ethereum Layer 2 network designed specifically for tokenized stocks. This infrastructure is intended to support 24/7 trading and faster settlement compared to traditional equity markets.
The buyback-and-burn mechanism was established under governance proposal IIP-617 as a core component of Injective's tokenomics. Since late 2025, the protocol has used ecosystem revenue to buy back and destroy INJ tokens. Previous rounds have resulted in the burning of over 7.2 million INJ tokens, valued at approximately $55.5 million, with participants seeing an average return of roughly 23.9% per round.
