INFINIT is pioneering the DeFi abstraction layer, streamlining the complexities of launching and scaling decentralized finance protocols. By enabling developers to deploy customized DeFi applications across various blockchains within minutes, INFINIT is democratizing access to decentralized finance.
Tokenomics
As of now, INFINIT has not publicly disclosed specific details regarding its tokenomics, including information about any native tokens, their distribution, or economic models. This suggests that the project may still be in its developmental stages concerning token issuance or may have chosen a different operational model that does not involve a native token.
Underlying Technology
INFINIT's core innovation lies in its DeFi abstraction layer, which abstracts the complexities of building and scaling DeFi protocols. Developers can utilize TypeScript via the INFINIT Command Line Interface (CLI) to deploy various DeFi applications, such as money markets, decentralized exchanges (DEXs), and yield protocols, without requiring expertise in complex coding languages like Solidity or Rust. This modular architecture allows for rapid deployment and seamless integration of new features, significantly reducing time-to-market for DeFi solutions.
Market Status
INFINIT has demonstrated significant traction by powering over 12 DeFi applications across multiple blockchains, including Ethereum, Mantle Network, and Blast, achieving a total value locked (TVL) exceeding $630 million. Notable protocols such as Ethena and ZeroLend have leveraged INFINIT's infrastructure to enhance their offerings and expand into new ecosystems.
Investors
In September 2024, INFINIT secured $6 million in a funding round led by prominent blockchain investors, including Electric Capital, Mirana Ventures, and Hashed. Additional participants included Arthur Hayes's family office, Maelstrom.fund, Robot Ventures, Nomad Capital, Tangent, Bankless Ventures, Selini Capital, and Lightspeed Faction. This diverse investor base underscores strong confidence in INFINIT's vision and technological capabilities.
Development Status
INFINIT is actively advancing its platform, with plans to release its first product and a reward system for the community in the coming weeks. The project is also expanding its network by integrating additional blockchains such as Arbitrum, Berachain, Monad, and Abstract Chain, aiming to drive DeFi growth and enhance interoperability across ecosystems.
Technological Innovation and Potential
By abstracting the complexities associated with DeFi protocol development, INFINIT lowers the barrier to entry for developers and accelerates the deployment of DeFi solutions. Its modular and user-friendly infrastructure promotes rapid innovation, enabling developers to customize and scale applications efficiently. As the DeFi landscape continues to evolve, INFINIT's approach positions it as a catalyst for widespread adoption and the development of diverse DeFi ecosystems.
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