INFINIT: Revolutionizing DeFi Application Creation

Bangkok, Thailand, August 19th, 2024, Chainwire

INFINIT, the first-of-its-kind DeFi abstraction layer, announces that it will soon allow anyone to create and customize DeFi applications quickly. INFINIT simplifies the complexities of launching and scaling decentralized finance applications across any integrated chain, akin to pump.fun, enabling everyone to build their own financial dApps.

Backed by notable investors like Electric Capital and Mirana Ventures, INFINIT’s platform supports both experienced and novice developers in creating customized DeFi protocols in minutes without complex coding languages such as Solidity or Rust. By using TypeScript, developers can easily integrate new functionalities into existing applications or launch entirely new DeFi applications with just a few clicks. In a later phase, non-developers will also be able to launch and scale DeFi protocols through INFINIT’s user-friendly interface, eliminating the need for coding.

INFINIT has already achieved over $630M in total value locked (TVL) across 12 protocols, with successes like Ethena Labs and INIT Capital, which garnered $270M in TVL within four months of their launch.

“INFINIT has driven our USDe trading volume and liquidity provisioning on both Mantle and Blast from day one,” stated Guy Young, Founder at Ethena Labs. “With INFINIT’s support, we’ve rapidly expanded into new ecosystems and established a solid foundation for future growth.”

The rapid emergence of Layer 1s, Layer 2s, and Roll-ups has yet to coincide with a rise in high-quality dApps needed for a flourishing DeFi ecosystem. Builders often face significant difficulties due to niche skill requirements that create barriers to entry, leading to forking and increased exploitation risks. INFINIT tackles these challenges by providing extensive modular infrastructure that lowers entry barriers, reduces vulnerabilities, and facilitates rapid market entry and scaling for DeFi protocols. It also offers infrastructure for any chain to integrate and grow its entire DeFi vertical.

“We created INFINIT to transform how DeFi protocols are launched and scaled by removing complexities,” explained Tascha Punyaneramitdee, Founder and Core Contributor at INFINIT. “Our goal is to become the foundational infrastructure for DeFi developers, helping onboard the next million developers and users.”

INFINIT supports developers throughout the lifecycle of building a DeFi project in two phases: Launch and Scale.

• Launch Phase: Provides all necessary building blocks to launch new DeFi protocols with customized features in minutes. Supports projects from initial stages, enabling rapid creation of money markets, yield strategy protocols, etc.
• Scale Phase: Facilitates seamless addition of new functionalities to existing protocols within minutes, allowing developers to expand product features easily, such as integrating new DeFi strategies like leveraged yield farming.

About INFINIT

INFINIT is the first DeFi abstraction layer that minimizes complexities in launching and scaling DeFi protocols. With INFINIT, anyone can rapidly launch customized DeFi applications on any chain or enhance existing applications. It aims to act as the backbone of DeFi, powering every protocol across all chains.

Contact:
Blake Li
INFINIT Labs
blake@infinit.tech

This article was originally published on Chainwire.