The Good Tech Companies - INFINIT Opening DApp Creation To All With First-Ever DeFi Abstraction Layer

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Infinite Opening Dapp Creation to All with First-Ever DeFi Abstraction Layer By Chainwire, Bangkok, Thailand, August 19, 2024 Chainwire, Infinite, the first of its kind DeFi abstraction layer, today announces that it will soon open dapp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. Infinite is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across any integrated chain.

Starting point is 00:00:35 Like Pump.Fun before it, Infinite enables anyone to enter the arena and build their own financial DAPPs. Supported by prominent investors including Electric Capital and Marana Ventures, among others, Infinite's platform will allow experienced and novice developers to create customized DeFi protocols within minutes, without the need for complex coding languages like Solidity or Rust. By leveraging TypeScript, developers will be able to easily integrate new functionalities to existing applications or launch entirely new customized DeFi applications in a few clicks. In its later phase, non-developers will also be able to launch and scale DeFi protocols directly from INFINIT's user-friendly interface, where coding will not be required at all. Infinite has already facilitated over $630 million in TVL across 12 protocols. Key successes include Athena Labs and

Starting point is 00:01:27 Inet Capital, which achieved $270 million in TVL within four months of launch. Greater than, Infinite has driven our USDE trading volume and liquidity provisioning on both Greater than Mantle and Blast from day one, said Guy Young, founder at Athena Labs. Greater than, Infinite's support has enabled us to rapidly expand into new ecosystems and greater than set a strong foundation for future scalability. The rapid growth of Layer 1s, Layer 2s, and rollups hasn't been matched with an influx of high-quality DAPPs, which are required for a thriving DeFi ecosystem. Builders face significant setbacks due to niche skill requirements that

Starting point is 00:02:05 create a high barrier to entry and lead to forking and increased risk of exploitation. Infinite addresses these pain points by providing a robust, modular infrastructure that lowers the barrier to entry, reduces vulnerabilities, and enables rapid market entry and scaling for DeFi protocols. Additionally, Infinite provides an infrastructure for any chain to easily integrate and immediately accelerate the growth of its entire DeFi vertical. Greater than. We created Infinite to revolutionize how DeFi protocols are launched and greater than scaled by abstracting away the complexities, said Tasha Punyanaramaddy, greater than founder and core contributor at Infinite. Greater than. We are committed to becoming the

Starting point is 00:02:45 backbone infrastructure for DeFi developers greater than to build the projects that onboard the next million developers and users to greater than DeFi. Infinite supports the entire lifecycle of building a DeFi project, catering to developers at two project phases, launch and scale. In the launch phase, Infinite provides all the building blocks necessary to launch new DeFi protocols with customized features in minutes. This phase supports projects from stages 0 to 1, allowing developers to quickly create new products, from money markets to yield strategy protocols and beyond. In the scale phase, Infinite facilitates the seamless addition of new features' OOR functionalities to existing protocols within minutes. For instance, developers can expand product functionality by integrating new DeFi strategies like leveraged yield farming. About INFINIT, INFINIT is the first DeFi abstraction layer that abstracts away all the complexities of the entire process of launching and scaling

Starting point is 00:03:41 DeFi protocols. With Infinite, anyone can launch a customized DeFi application on any chain or scale existing applications with new functionalities in minutes. Any chain can integrate with Infinite to drive the development of its entire DeFi vertical. INFINIT's vision goes beyond being a platform but to become the backbone of DeFi, powering every DeFi protocol across every chain. Contact Blake Lee Infinite Labs Blake at Infinite.Tech. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - INFINIT Opening DApp Creation To All With First-Ever DeFi Abstraction Layer

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