[PRESS RELEASE – Georgetown, Saint Vincent & The Grenadines, November 5th, 2024]
The Infinaeon is project designed with the vision of fundamentally changing how Ethereum scaling is approached. According to the team and the community, the tokenomics behind Infinaeon are designed to prevent oversupply from resulting in negative long-term price action, and now its presale is live.
In addition to this, Infinaeon offers a range of tools and features that may interest traders and DeFi developers. This interest is expected to stem from the project’s ability to provide a faster and cheaper trading experience through its decentralized exchange (DEX) and its potential to attract developers seeking a more efficient and scalable platform for their decentralized applications.
What Is The Infinaeon Token and What Distinguishes Its Tokenomics
The Infinaeon team recognized a critical flaw in many existing Layer-2 solutions: unsustainable tokenomics. Infinaeon aims to create a balanced ecosystem where token value is supported by network activity and real-world utility.
The Infinaeon token has a maximum supply of 420 million. This limited supply, combined with the project’s unique tokenomics model, aims to prevent the inflationary pressures that often exists in other cryptocurrencies.
At the heart of this approach is Infinaeon’s native token, which is designed to appreciate over time. This is achieved through a unique gas fee allocation mechanism, where a portion of every transaction fee is used to buy back and burn tokens, reducing the circulating supply and creating scarcity.
To further support the token’s value and encourage long-term participation, Infinaeon offers an auto-compounding staking mechanism. Users can stake their tokens for varying periods.
For example, staking Infinaeon tokens for at least one month brings participants a 5% annual percentage yield (APY), while those staked for three months or more receive a 10% APY. These staking rewards are compounded automatically, meaning that received rewards are reinvested.
To further promote long-term engagement, Infinaeon incorporates a penalty for early unstaking. Users who withdraw their staked tokens before the completion of their chosen staking period incur a 30% penalty. This mechanism discourages short-term speculation and incentivizes users to hold their tokens for extended periods, contributing to the overall stability of the network.
The Infinaeon Ecosystem: DEX and Bridge
The Infinaeon presale and the value of the underlying token are not solely based on the concept of deflationary tokenomics and staking rewards. The Infinaeon ecosystem contains several tools, including Infinity Swap, a native Decentralized Exchange (DEX), and a crypto bridge.
Infinity Swap aims to provide a seamless and efficient trading experience for users within the Infinaeon ecosystem. It offers low fees, fast transaction speeds, and an intuitive interface designed to attract experienced and novice traders. By facilitating the exchange of various crypto assets, including the Infinaeon token, Infinity Swap contributes to liquidity and overall activity within the network.
The Infinaeon Bridge enables the secure and efficient transfer of assets between the Ethereum mainnet and the Infinaeon Layer-2 network. This bridge enhances interoperability, allowing users to seamlessly move their assets between the two chains and access the benefits of both ecosystems.
This functionality is crucial for attracting users and projects to the Infinaeon network, as it provides a convenient way to participate in the ecosystem without being limited to a single blockchain.
The Infinaeon Presale: Early Participant Bonus
The Infinaeon presale currently offers participants a 6% bonus on all purchases. Currently, 1 INF token is valued at $0.01452 and can be purchased with ETH, BSC, ARB, BASE, MATIC, and a fiat on-ramp solution.
On-chain data reveals significant interest from whales, with some purchases exceeding $10,000 in ETH and BNB. This suggests that large investors recognize the potential of Infinaeon’s Layer-2 scaling solution and its deflationary tokenomics, contributing to the growing momentum surrounding the presale.
For further information about the Infinaeon project and presales, users can visit https://infinaeon.com/
About Infinaeon
Infinaeon is a Layer-2 scaling solution designed to address high gas fees and slow transaction speeds on Ethereum. Its key features include a deflationary token with a burn mechanism, a decentralized exchange (DEX) called Infinity Swap, and an auto-compounding staking system. The project is currently in its presale phase, offering early participants a bonus on their token purchases.
The post Infinaeon Presale Revives Layer-2 Market With a Deflationary Token, DEX, and Compound Staking appeared first on CryptoPotato.
