- On May 13, DeFi platform Infinex is scheduled to launch.
- Web2 is integrated by Infinex to improve user experience.
- In the first month, 10,000 users is Kain Warwick’s goal.
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- On May 13, the decentralized finance (DeFi) network Infinex will formally launch following a number of setbacks.
Kain Warwick, the founder of Synthetix, made the declaration. This eagerly awaited launch comes after it was originally scheduled for the fourth quarter of 2022.
Infinex Announces the Launch Date
Infinex introduces a new approach to DeFi, merging traditional web interfaces with blockchain technology to enhance user experience. This DeFi platform aims to allow traders to interact seamlessly with multiple decentralized applications across various blockchains. These include Ethereum, Base, Optimism, Polygon, Arbitrum, and Solana.
The Infinex Account, which Warwick refers to as a “collection of cross-chain smart contracts,” is the company’s distinctive selling proposition. Standard Web3 interfaces often cause friction, but they can be safely recovered and regulated. Users can, in fact, access their accounts using recognizable Web2 gateways, such as Google accounts.
Additionally, he emphasized that Infinex provides cutting-edge interaction with a points-farming game that will go live one month following debut. Players can put governance points into their accounts to earn them in this game.
For Infinex, security has always been the top priority, particularly in the wake of a social engineering attempt that resulted in a security breach. This incident accelerated the system’s complete revamp. In any case, Warwick said with assurance that the redesigned platform is “among the safest working environments I’ve ever encountered.”
Warwick is upbeat about the platform’s expansion going forward. Within the first month following launch, he wants to see 10,000 active customers sign up for Infinex and see $50 million in total value locked. Although it is acknowledged that many of these numbers must be from actual users, they are based on the reality of a backlog of 200,000 people.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
