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INFINIT expands access to DeFi with revolutionary abstraction layer

GrafaGrafa2024/08/20 10:20
By:Liezl Gambe

INFINIT, a groundbreaking DeFi abstraction layer, is set to democratise the creation of decentralised finance (DeFi) applications by enabling both novice and seasoned developers to build custom DeFi apps with ease.

The platform, backed by major investors such as Electric Capital and Mirana Ventures, eliminates the need for complex coding skills, allowing users to create and scale DeFi protocols in just minutes.

INFINIT’s platform simplifies the traditionally complex process of launching DeFi applications by abstracting the technical challenges involved.

Developers can now leverage TypeScript to integrate new functionalities or launch entirely new DeFi protocols without needing to master coding languages like Solidity or Rust.

This innovation significantly lowers the barrier to entry, enabling a broader range of developers to participate in the DeFi ecosystem.

The platform has already made a substantial impact, with over $630 million in total value locked (TVL) across 12 protocols.

Notable successes include Ethena Labs and INIT Capital, which collectively secured $270 million in TVL within four months of their launch.

INFINIT’s infrastructure has proven instrumental in driving growth for these projects, facilitating rapid expansion into new ecosystems and enhancing scalability.

INFINIT is designed to support the entire lifecycle of DeFi projects, from initial launch to ongoing scaling.

In the Launch phase, developers can quickly create customised DeFi protocols with a variety of features, enabling rapid market entry.

In the Scale phase, the platform allows for the seamless addition of new functionalities to existing protocols, supporting continued growth and innovation.

The platform's vision is to become the backbone of DeFi, powering every protocol across all blockchain networks.

By providing a robust, modular infrastructure, INFINIT aims to accelerate the growth of the DeFi sector and onboard the next generation of developers and users.

With its innovative approach, INFINIT is poised to revolutionise the DeFi landscape, making it more accessible and scalable than ever before.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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