INFINIT has successfully raised $6M in funding round led by @ElectricCapital, @mirana, @hashed_official, to build the first DeFi abstraction layer.
This marks a pivotal step toward advancing INFINIT’s goal of becoming the backbone of DeFi, providing end-to-end infrastructure for developers to quickly launch and scale DeFi protocols with highly customizable building blocks.
The round also saw participation from @CryptoHayes x @MaelstromFund, @FactionVC, @robotventures, @NomadCapital_io, @tangent_xyz, @presto_labs, @BanklessVC, @SeliniCapital, among others.
By streamlining development, INFINIT lowers the knowledge-barrier, helps projects go to market faster and access deeper liquidity. It has already powered 12 DeFi dApps across 3 chains, @ethereum, @0xMantle, and @blast, with a TVL over $630M, including @InitCapital_, @ethena, and @zerolendxyz. Upcoming integrations with @arbitrum, @berachain, @monad_xyz, and @AbstractChain will also further expand its network to drive DeFi growth and interoperability.
The first product release and reward system are coming soon. Follow @Infinit_Labs and join INFINIT Discord for updates.
Read more: https://t.co/NixPW2fKZc
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In 1.5 hours, the snapshot for the closed beta will be ending! It's now or never, so if you don't want to miss out, grab your role to access the closed beta now👇🏼
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#NillaConnectChallenge5
Sheeesh, how is it already running out AGAIN🙄. Here's another one, and now actually hurry up when we tell you to HURRY UP.
Don't miss it this time, we mean it!
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#NillaConnect#Whitelist#web3#DeFi
"What is it like to earn yields on steroids?"
#HomoraV2 has a hypothesis on this.
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React to this post based on what you see first 👀:
1⃣Comment what this post means to you
2⃣RT if you see🦄
3⃣LIKE if you see ✨🔴_🔴✨
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🫰 Let's see who wins ↴