INFINIT is opening DApp creation to everyone with a DeFi abstraction layer.

From Investing.com

August 19th, 2024 12:30 PM:

INFINIT, a DeFi abstraction layer, will allow anyone to create and customize DeFi applications within minutes, without needing to code in languages like Solidity or Rust. Backed by major investors, INFINIT has already facilitated over $630M in TVL and supported successful projects like Ethena Labs and INIT Capital.

By addressing the high barriers to entry and vulnerabilities in the DeFi space, INFINIT aims to revolutionize how protocols are launched and scaled. It provides a modular infrastructure to lower barriers, reduce risks, and accelerate the growth of DeFi ecosystems on any chain.

INFINIT supports developers in two phases: Launch and Scale. In the Launch phase, developers can quickly create new DeFi products with custom features, while the Scale phase allows for seamless addition of new functionalities to existing protocols, such as leveraged yield farming strategies.

Founder Tascha Punyaneramitdee emphasizes INFINIT’s commitment to becoming the backbone infrastructure for DeFi developers, enabling the onboarding of millions of new users and developers to the DeFi space. The platform’s vision extends beyond being a platform to becoming the driving force behind every DeFi protocol across various chains.

Read more at Investing.com: INFINIT Opening DApp Creation to All with First-Ever DeFi Abstraction Layer By Chainwire