In a significant stride towards enhancing the accessibility of decentralized finance (DeFi), Kain Warwick, the founder of Synthetix, has introduced Infinex. This innovative platform is designed to address and eliminate some of the most persistent barriers that have hindered the widespread adoption of DeFi. By abstracting complex processes such as wallet setup, asset bridging, and gas fees, Infinex aims to provide a streamlined and user-friendly experience. This initiative not only simplifies the user journey but also reduces the friction often associated with entering the DeFi space, potentially paving the way for a broader demographic to engage with decentralized financial systems.
Infinex, Launched by Synthetix Co-founder Kain Warwick to Simplify DeFi Access
Kain Warwick, co-founder of Synthetix, has introduced Infinex, a front-end platform designed to integrate decentralized finance (DeFi) applications into a single, user-friendly interface.
With the launch, Infinex introduces the Infinex Account, and a user waitlist process kicks off today. This platform aims to dismantle the common entry barriers in DeFi, such as complex wallet setups, asset bridging, and gas fees, according to the development team. Early access will be granted based on deposits and governance points.
The Infinex Account boasts cross-chain capabilities, secured through passkey authentication and social sign-in options, effectively simplifying the user experience by eliminating usual onchain complexities, as claimed by the team.
Kain Warwick emphasized the platform’s mission to make DeFi more accessible and straightforward for all users. “Infinex will enable everyone to use crypto and access a wide range of onchain trading options without depending on centralized databases and losing control of their assets,” Warwick stated.
Operating alongside Synthetix, which holds nearly $500 million in locked deposits, Infinex was co-founded by Wil Johnston. Initially, the platform will support six blockchains: Ethereum, Solana, Polygon, Arbitrum, Optimism, and Base.
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