What is InfinitySwap? InfinitySwap is an AMM platform built and developed on a relatively new blockchain platform, Dfinity. InfinitySwap also received a lot of attention from VCs such as Polychain or Pantera Capital. Everyone, let’s learn about this project with Weakhand!
What is InfinitySwap?
InfinitySwap is an AMM built on the Dfinity platform blockchain. InfinitySwap provides 2 types of products to users and projects including:
- Factory: A place to propose, create and manage liquidity pairs.
- Pair: Is where users buy, sell, exchange, and provide liquidity for trading pairs
In addition, InfinitySwap also provides other DeFi products such as Stake.
InfinitySwap provides an SDK to help other projects integrate and use liquidity on IfinitySwap, such as Lending & Borrowing projects that can use IfinitySwap to liquidate products, and the Yield Farming platform can integrate to provide liquidity. Providing 1-click Farm tools for users or DEX Aggregator platforms.
Core Team
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Investor
December 29, 2022: InfinitySwap announced a successful call for $1.5M led by Poychain Capital, A16Z and Dfinity, in addition to the participation of Draft Ventures, Cycle_dao and a number of angel investors from the system. Dfinity ecology.
Tokenomics
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Exchanges
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InfinitySwap’s Information Channel
- Website: https://infinityswap.one/
- Twitter: @infinity_swap
- Telegram: https://t.me/infinityswapofficial
- Medium:
Summary
The project is currently still in development. However, there are two reasons why we can observe InfinitySwap in particular and the Dfinity ecosystem in general: Dfinity technology allows it to bring Bitcoin, Ethereum,… (native coin/token) to Its ecosystem is something that no other platform can do.
Hopefully through this article everyone will understand what InfinitySwap is?