What is Infinity Exchange? Infinity Exchange is a Lending & Borrowing platform built with many new experiences for users. So what is interesting about this platform and is it worth putting on the watch list? Let’s find out with Weakhand through this article.
What is Infinity Exchange?
Infinity Exchange is a Lending & Borrowing platform with some of the following features:
- Infinity Exchange is a platform that provides fixed interest rates to lenders and borrowers. So they can accurately determine future profit/interest rates.
- Infinity Exchange accepts many different types of collateral such as highly liquid assets such as WBTC, ETH, USDC, USDT, DAI,… or assets with more complex structures such as Aave’s aTokens, Compound’s cTokens, Curve LP tokens, Uniswap LP NFTs and many more assets.
This model of Infinity Exchange helps solve outstanding problems with Lending Pool platforms: there is no difference between lending interest rate and payable interest rate. This model of Infinity Exchange has many similarities with Morpho Labs.
In addition, Infinity Exchange operates with a multi-Account model with borrowers to improve asset, loan and risk management capabilities. There will be a total of 3 types of Accounts including:
- General Account: An account that concentrates many different types of collateral and can borrow many other types of assets.
- Stablecoin Account: This type of account only allows you to interact with stablecoins, including collateral or assets you want to borrow.
- Single Coin Account: This type of account only allows you to interact with a single type of token. For example, only mortgage ETH to borrow stETH or borrow aETH, bETH, cETH (issued by a certain platform).
Development Roadmap
In the future, Ifinity Exchange plans to integrate more platforms to help users, after borrowing assets on the platform, immediately participate in DeFi on Uniswap, Sushiswap, Curve Finance, Balancer, Yearn Finance, AAVE, Compound ,… via Infinity Exchange.
Core Team
Kevin Lepsoe: Co Founder & CEO
- Kevin has a lot of experience working in Credit and Options at many large banks in the world such as ING Barings, Barclays Capital and Morgan Stanley. The total time Kevin worked at these 3 banks was more than 10 years.
- Kevin started his business with Notey Ltd and quickly became the TOP 15 fastest startup in the world.
- Kevin then built Chinafy company – a company that improves website speed in China.
- Continuing Kevin started building Infinity Exchange.
Rosanna Man: Co Founder & CTO
- Rosanna holds a bachelor’s degree in Computer Science and Engineering from the University of California. She then went on to earn an MBA from Carnegie Mellon University and finally she earned a Master’s degree in Computer Science from Stanford University.
- Rosanna became a Software Engineer right after graduating, but the companies and corporations she worked for were very famous such as Lockheed Martin Space Systems Company, Yahoo, and Adobe.
- After that, Rosanna became a software engineer manager at companies such as Decision Fuel, TVB.COM Limited.
- After building her career, Rosanna began holding the position of CTO at Notey Labs for nearly 6 years and just started building Infinity Exchange since November 2021.
Investor
September 15, 2022: Infinity Exchange successfully raised $4.2M in Seed round with the participation of Mentha Partners, GSR Ventures, Flow Traders, C2 Ventures, Block0 and many other traditional investment funds.
Tokenomics
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Exchanges
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Infinity Exchange Information Channel
- Website: https://www.infinity.exchange/
- Twitter: @infinitymaxima
- Discord: discord.gg/cb3DW9zMtB
- Telegram:
Summary
Infinity Exchange continues to be a Lending & Borrowing platform aimed at providing fixed interest rates to users and improving asset and risk management capabilities. With an experienced development team, Infinity Exchange is fully qualified to be included in the watch list of every individual investor, but Infinity Exchange needs to have more products to diversify the user experience.
