The INFINIT Rewards System is live and open for all DeFi users to earn rewards while helping to create the first DeFi abstraction layer.

This initiative represents a crucial step toward developing a versatile DeFi Abstraction Layer that supports various DeFi functionalities. INFINIT is collaborating with several leading DeFi protocols to drive ecosystem growth. Users of platforms like Pendle, INIT Capital, Ethena, Avalon, Silo Finance, Lombard, and others are invited to engage with the INFINIT rewards system.

Participants can take part in various DeFi activities, including lending, borrowing, and providing liquidity, to accumulate INFINIT Stones. Each Stone signifies a point in the INFINIT Rewards System, showcasing the user’s contributions to the INFINIT Ecosystem Protocols and their commitment to the protocol.

INFINIT Aims to Foster Decentralized Ownership with New Rewards System in DeFi Ecosystem

The INFINIT Ecosystem Protocols include a variety of DeFi protocols that are either integrated with INFINIT or undergoing the integration process. The INFINIT Rewards System features many DeFi protocols, each representing unique primitives and excelling in their respective fields:

• Yield Trading: Pendle
• BTCFi: Lombard, Solv Protocol, EtherFi
• LRT: Renzo
• Restaking: Symbiotic
• Money Market: INIT Capital, Silo Finance, Avalon
• Stablecoin: Ethena

INFINIT aims to support the development of these new DeFi primitives through its DeFi abstraction layer, encouraging more developers to join and enhance utility across the ecosystem.

The INFINIT Rewards System represents a crucial step toward promoting decentralized ownership of the protocol. Its goal is to reward community members for their active participation and engagement, thereby contributing to the growth of the INFINIT ecosystem.

Participate in DeFi Activities to Accumulate INFINIT Stones

Participants can engage in various DeFi activities within the INFINIT Ecosystem Protocols, including INIT, Avalon, Silo, and Pendle, with additional protocols anticipated as the ecosystem expands.

The rewards system will run in epochs, each lasting 28 days. The first epoch will kick off on October 16, 2024, at 7 AM ICT (GMT+7) and end on November 13, 2024, at 7 AM ICT (GMT+7). As INFINIT continues to facilitate the development of new dApps, it may introduce more Ecosystem Protocols in future epochs.

Users can easily access and participate in these DeFi activities either directly through the respective protocols or via the INFINIT website.

Note: Users MUST connect their wallet and sign the wallet on the INFINIT rewards page in order to earn Stones. Connect your wallet and track your Stones on INFINIT rewards dashboard here: https://rewards.infinit.tech/ 

INFINIT's Next Step: Enabling Smooth Development of New DeFi Primitives for Developers

INFINIT is collaborating with various ecosystem protocols to strengthen the DeFi abstraction layer and introduce new modules to its library. This effort aims to enhance the development of a variety of DeFi applications and promote growth in the DeFi landscape.

Soon, INFINIT will launch the INIT Module for Early Access. This module will allow developers to utilize features like flash borrowing and multi-silo positions, which can facilitate the creation of yield strategies, such as one-click looping and margin trading. Furthermore, INFINIT plans to add the Pendle Module, enabling developers to launch Pendle’s smart contracts on new chains while scaling their dApps with yield trading options.

INFINIT is exploring multiple paths for integration with its ecosystem protocols. The team is currently collaborating closely with these protocols and will announce more details regarding their partnerships in the near future.

Check out the INFINIT website to start accumulating Stones and become part of the DeFi abstraction community.

If you have any questions about the rewards system, don’t hesitate to reach out in the INFINIT Discord. The INFINIT team will be more than happy to assist you.