Synthetix co-founder Kain Warwick announced the launch of Infinex, which will continue to decentralize by easily connecting multiple blockchains and enabling fully on-chain transactions.
Membership can be easily completed with a “passkey” and an account can be created on the website after a password is conveniently set.
With the Infinex Account feature, the user waiting list process also started today. The aim of the project is to facilitate the experience of users who are not very familiar with the technical areas of decentralized finance… Many elements that users have difficulty with such as wallet setup, gas fees, bridge crossings between networks are disabled here, but assets are also managed without being connected to a center.
Early entry into the project will be determined by the value of the assets that will be locked into the system after registration.
Kain Warwick, the name behind Infinex, stated that the goal here is to provide easy access to the end user:
“Infinex will make it possible for everyone to use crypto and gain access to the expansive options of onchain trading without relying on someone’s centralized database and relinquishing control of their assets,”
Infinex, which will work with Synthetix, where $500 million in assets are locked, currently supports Ethereum, Solana, Polygon, Arbitrum, Optimism and Base networks.
The project’s website informs users that “No gas, no wallets, no bridging, no seed phrases, 100% onchain…”