With Testnet Launch, Infinity Exchange Enables Institutional Fixed Income For DeFi Traders

With Testnet Launch, Infinity Exchange Enables Institutional Fixed Income For DeFi Traders

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With Testnet Launch, Infinity Exchange Enables Institutional Fixed Income For DeFi Traders

Bitcoinist.com25 days ago
AaveAave
KevinKevin
Published on September 01, 2022 13:00 GMT+00:00edited on September 01, 2022 19:31 GMT+00:00

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Launching its testnet today, Infinity Exchange is looking to bring what it says is “institutional grade interest rates” to the DeFi sector, as part of its ambitious bid to unlock an additional $100 billion of value creation.

Infinity Exchange has created a complex, hybrid fixed-income DeFi protocol that it says will bring institutional-quality capital efficiency to the industry. The hybrid structure allows it to process computations off-chain with risk management safeguards in place, and settle transactions on the blockchain.

Infinity Exchange founder Kevin Lepsoe claims to have spent years developing the protocol to cater to his ambition of attracting billions of dollars of traditional financial capital to the DeFi markets. Having previously worked on structuring and financial …