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INFINIT Opens DeFi App Creation to Everyone

Aug 19, 2024
  1. Introduction
  2. Features and Support
  3. Significance and Prospects

INFINIT, the first-of-its-kind DeFi abstraction layer, announced today that it will soon open decentralized finance application (dApp) creation to everyone.

Introduction

INFINIT is a DeFi infrastructure that simplifies the launch and scaling of decentralized finance applications across any integrated blockchain network. It enables anyone to build and customize DeFi applications in a matter of minutes.

Features and Support

Supported by prominent investors including Electric Capital and Mirana Ventures, INFINIT’s platform allows both experienced and novice developers to create customized DeFi protocols within minutes, without requiring knowledge of complex coding languages. By leveraging TypeScript, developers can easily integrate new functionalities into existing applications or launch entirely new ones. In the future, non-developers will also be able to launch and scale DeFi protocols using INFINIT’s user-friendly interface, where no coding knowledge is required.

Significance and Prospects

INFINIT has already facilitated over $630M in TVL across 12 protocols. Key successes include projects like Ethena Labs and INIT Capital, which achieved $270M in TVL within four months of launch. INFINIT helps developers overcome barriers to entry in DeFi, reducing vulnerabilities and enabling rapid market entry. The platform supports the entire lifecycle of building a DeFi project, from launch to scaling.

INFINIT aims to become the backbone infrastructure for DeFi developers, enabling the creation and scaling of projects that will onboard new users and developers to DeFi. The platform reduces the complexities and risks of developing DeFi applications, offering a comprehensive and user-friendly suite of tools.

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