Injection ($INJ) has submitted a governance proposal for the Vulcan mainnet upgrade, currently in the voting phase, with the network upgrade (version 1.20.0) scheduled for June 4th. This update is designed to integrate Pyth Pro and SEDA oracles while introducing the next-generation Oracle Engine, which promises to reduce Oracle gas fees by 90%.
What the Vulcan upgrade brings
The Vulcan upgrade focuses on improving the efficiency and cost-effectiveness of Injective’s Oracle infrastructure. This update aims to reduce operational costs for developers and users who rely on price feeds and external data by reducing Oracle gas prices by an estimated 90%. The new engine natively supports Pyth Pro and SEDA oracles, two leading decentralized oracle networks known for their high-frequency data and cross-chain compatibility.
Additionally, this upgrade introduces a precompilation feature that provides integrated Oracle functionality directly into Ethereum Virtual Machine (EVM) smart contracts. This means developers building on Injective’s EVM-compatible layer can access real-time Oracle data without complex middleware, streamlining dApp development and improving performance.
Impact on the injection ecosystem
If approved by $INJ For token holders, Vulcan upgrades have the potential to significantly reduce transaction costs for DeFi applications, derivatives markets, and Injective’s cross-chain bridge. Lower gas prices are expected to attract more developers and users, especially in high-frequency trading and lending protocols where oracle updates occur frequently.
The integration of Pyth Pro and SEDA also strengthens Injective’s position as a blockchain optimized for financial applications. Pyth Pro provides sub-second price updates from institutional-grade sources, and SEDA provides customizable data feeds for various asset classes. Together, they expand the range of trusted data available to smart contracts.
Governance and schedule
This proposal is now live and available for voting. $INJ staker. If passed, the upgrade will be activated on June 4, 2025, at a specific block height, to be announced in the future. Users and node operators should update their software to version 1.20.0 before the planned fork. No cascading downtime is expected, but users should be aware of the upgrade window.
why is this important
Oracle costs have long been a bottleneck for blockchain networks, especially those supporting complex financial products. By tackling this issue head-on, Injective is positioning itself as a more scalable and developer-friendly platform. The Vulcan upgrade also highlights a broader trend in the crypto space: optimizing infrastructure to support real-world financial use cases at lower costs.
for $INJ For owners and ecosystem participants, votes represent strategic decisions regarding the future direction of the network. A successful upgrade could strengthen Injective’s competitiveness against other DeFi-focused Layer 1 and Layer 2 networks.
conclusion
Injective’s Vulcan mainnet upgrade proposal represents an important step toward reducing oracle-related costs and improving the developer experience. With a 90% reduction in gas fees, major oracle provider integration, and native EVM support, this upgrade has the potential to enhance the network’s usefulness in decentralized finance. The results of the governance vote will determine whether these improvements take effect on June 4th.
FAQ
Q1: What is Injective’s Vulcan upgrade?
Vulcan Upgrade (v1.20.0) is a proposed mainnet update that introduces a new oracle engine, reduces oracle gas fees by 90%, and integrates Pyth Pro and SEDA oracles. It also adds EVM smart contract precompilation for direct access to Oracle data.
Q2: When is the Vulcan upgrade scheduled?
Upgrade proposed for June 4, 2025, pending approval. $INJ Determine token holders through governance voting.
Q3: What impact will Vulcan upgrades have? $INJ Gas bill?
This upgrade is designed to reduce Oracle gas fees by approximately 90%, reducing costs for developers and users who rely on price feeds and external data in their transactions and smart contracts.
