INFINIT, the pioneering DeFi abstraction layer, has announced plans to democratize decentralized finance (DeFi) application development, allowing users to build and customize their own DeFi apps within minutes. This innovative platform simplifies the creation and scaling of decentralized finance applications across multiple integrated chains by eliminating the complexities associated with traditional coding languages.
Backed by notable investors such as Electric Capital and Mirana Ventures, INFINIT offers a user-friendly environment for both seasoned and novice developers. The platform utilizes TypeScript, facilitating the rapid integration of new features or the launch of entirely new DeFi applications with minimal coding expertise. Future enhancements will enable even non-developers to create and manage DeFi protocols through INFINIT’s intuitive interface, requiring no coding knowledge.
To date, INFINIT has overseen more than $630 million in total value locked (TVL) across 12 protocols, with significant achievements including Ethena Labs and INIT Capital, which amassed $270 million in TVL within just four months of their launch.
Guy Young, Founder of Ethena Labs, praised INFINIT’s impact: “INFINIT has been crucial in driving our USDe trading volume and liquidity provisioning on both Mantle and Blast from the outset. Their support has allowed us to swiftly expand into new ecosystems and establish a solid foundation for future growth.”
Despite the rapid expansion of Layer 1s, Layer 2s, and Roll-ups, the proliferation of high-quality dApps remains a challenge, hampered by niche skill requirements and the associated risks of forking and exploitation. INFINIT addresses these issues by offering a comprehensive, modular infrastructure that lowers entry barriers, reduces vulnerabilities, and accelerates the growth and scaling of DeFi protocols. Additionally, INFINIT supports seamless integration with any chain, enhancing the development of its entire DeFi ecosystem.
Tascha Punyaneramitdee, Founder and Core Contributor at INFINIT, stated, “We designed INFINIT to transform how DeFi protocols are launched and scaled by removing the complexities. Our goal is to be the foundational infrastructure that empowers developers and attracts the next million users to DeFi.”
INFINIT’s platform supports the entire lifecycle of DeFi project development, with tools for both launching and scaling. In the Launch phase, it offers essential building blocks for creating new DeFi protocols, from money markets to yield strategy protocols. During the Scale phase, INFINIT enables the addition of new features or functionalities to existing protocols, such as integrating advanced DeFi strategies like leveraged yield farming.
About INFINIT
INFINIT is the first DeFi abstraction layer designed to streamline the process of launching and scaling DeFi protocols. The platform allows users to create customized DeFi applications on any chain or enhance existing applications within minutes. INFINIT aims to be the central infrastructure driving DeFi development across all chains, envisioning a future where it underpins every DeFi protocol globally.
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