Injective Veyra Upgrades to Governance Voting, Scheduled to Launch on November 24
2026-11-13 13:52:21
According to CoinMeta, Injective has initiated a governance vote for the mainnet upgrade of Veyra, which is scheduled to go live on November 24th. This upgrade will introduce new infrastructure to support real assets of institutions, cross-chain transactions, and future privacy features. Based on the governance proposal submitted on November 12th ( IIP-717 ), if approved, the blockchain will be upgraded to version 1.21.0. As of the snapshot on November 13th, the proposal had attracted 13.47 million votes from INJ, with a support rate of 60.5%, 39.5% chose to abstain, and there were no opposing votes. The participation rate was 23.98%, which is lower than the required 33.40%. Injective describes Veyra as the last major network upgrade in 2026, and it is planned to cover institutional transaction infrastructure, interoperability, and the technical foundation for the upcoming Cypheros privacy platform. This upgrade will also introduce new cross-chain communication capabilities to facilitate the flow of assets between the Ethereum virtual machine environment of Injective and other blockchain networks.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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