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Bankless

The End Of Centralized Exchanges | Kain Warwick's Infinex

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 14 October 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

Joining us today is Kain Warwick. Not to fight, but to talk about his exciting new project called Infinex. 


Infinex aims to replace crypto's centralized exchange experience and bring it all onchian. It's ambitious, but if it works, could change the way we think about DeFi and navigate across chains forever. 


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TIMESTAMPS
00:00:00 Intro
00:04:29 Infinex
00:12:44 The Infinex Tech Stack
00:20:45 Optimizing Across Protocols
00:27:00 The Centralization Tradeoff
00:29:04 Key Tech Unlocks
00:34:48 Managing Protocol Risk
00:42:33 Transaction Experience & Security
00:50:40 Patron Sale
00:56:55 Future Growth Plans
01:00:29 Fight Commentary

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RESOURCES
Kain Warwick - https://x.com/kaiynne 


Infinex - https://x.com/infinex_app 


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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Transcript

Click on a timestamp to play from that location

0:00.0

I think there's a large cohort of O.G. Eath people that have never done a slana transaction.

0:07.0

Their first slana transaction will be on Infinex.

0:10.0

I guarantee you, like for the majority of O.G. E OGE people their first time that they use

0:15.0

Salana will be on Infine without even realizing it. Welcome to Bankless, where we explore the frontier of D5 platforms eating C5 banks.

0:29.0

Today on the show we have Kane Warwick, hot on the heels of the $65 million patron sale from his brand new platform Infinex.

0:35.8

Kane thinks that Defi is already better than centralized crypto platforms like Binance,

0:40.3

except the only issue is that all the quality Defi apps are fragmented

0:44.4

across the crypto universe. Different apps on different chains all creating and

0:48.8

providing a ton of world-class products but with dog shit shit U.S. for users.

0:54.1

According to Kane, we are no longer in the era of educating users

0:57.8

into self-custodial private keys, or learning

1:00.4

Defi interfaces one by one, or chain swapping our assets to get there.

1:04.0

According to Kane in 2024 we have the technology to create one seamless interface

1:09.2

abstracting all the chains and integrating together all of the Defi apps.

1:13.8

The thesis is simple.

1:14.7

Take all the best of what Defi has to offer and package it up into a single interface,

1:19.2

abstract everything in the background using, solvers, and chain

1:23.0

abstraction tools like Gelato and Nere.

1:25.2

And with this, you can even use Lightcoin or XRP,

1:28.8

which to this day have large masses of users who keep their funds on finance because that's what they do

1:35.1

and integrate those assets into Infinex as well. If Infinex works I expected to unlock

1:40.2

crypto for the next wave of users because we already know that cuduling users into

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