The upcoming Infinaeon DEX launch has added fuel to the INF presale, which has now almost raised $1 million. The news about the upcoming launch closely followed the successful launch of the project’s mainnet and ETH-INF bridge.
Prior to the DEX launch, the team announced the INF42 promotional code, which offers participants in the presale the opportunity to receive up to 50% bonus tokens on their purchases. This incentive has contributed to the growing participation in the presale.
The Infinity Swap DEX is part of the project’s broader objective of becoming a leading Layer-2 network with its own token and exchange. By providing a comprehensive and user-friendly platform for trading and decentralized applications, Infinaeon aims to attract a wide range of users and developers to its ecosystem.
The presale is now nearly at 50% of its target, and the promotional code is expected to expire in the near future. This creates a sense of urgency for those looking to acquire INF tokens at a discounted price with the added bonus before the DEX launch and the potential price appreciation that may follow.
Infinaeon Presale Approaches $1 Million, 50% Bonus Offer Still Live
The Infinaeon presale bonus offer gives investors the chance to earn up to 50% in bonus tokens on top of whatever they invest. For example, a $1000 investment, which would translate into 40,980 INF tokens, could be boosted with an additional 20,490 tokens for free, resulting in a total of 61,470.
The presale target is $2 million, and with nearly $1 million already raised, the project is rapidly approaching its goal. The launch cap will be just $10.25 million, which is significantly lower than many comparable Layer-2 projects. This small initial market cap is seen as a bullish indicator, as it suggests greater potential for price appreciation once the token is listed on exchanges.
The bonus offer is available for a limited time only and will expire shortly, especially as the Token Generation Event (TGE) is now approaching.
Some presale investors expect INF to compete with the likes of ARB and OP.
Infinaeon Plus: A Potential Bullish Catalyst
An interesting aspect of Infinaeon is the Infinaeon Plus concept, which is designed to provide a mechanism for boosting the value of tokens launched on the mainnet.
Infinaeon Plus is a wrapped version of ETH that exists on the Infinaeon network. It’s designed to appreciate in value over time as a portion of the network’s gas fees, paid in ETH, are added to the Infinaeon Plus contract.
This means that each Infinaeon Plus token is backed by an increasing amount of ETH, driving up its value. Projects launching on Infinaeon can choose to pair their tokens with Infinaeon Plus instead of standard-wrapped ETH, giving their tokens a built-in appreciation mechanism.
For example, imagine a new DeFi project launching on Infinaeon. Instead of pairing their governance token with regular wrapped ETH, they pair it with Infinaeon Plus. As the Infinaeon network grows and transaction volume increases, the value of Infinaeon Plus appreciates, and the value of the DeFi project’s token rises in tandem.
This mechanism can drive market cap growth for projects launching on Infinaeon, as their tokens are inherently linked to an appreciating asset. This benefits presale investors, especially with Infinaeon’s small starting market cap of $10.25 million.
Next Major Infinaeon Milestone Approaches: DEX Launch
The mainnet, bridge, and promotional code are all live. These milestones have been extremely bullish, which has been reflected in the growing presale momentum. However, an even more significant milestone is around the corner in the form of the native DEX.
Infinity Swap is designed to take on other leading Ethereum DEXs, such as Uniswap. By offering a superior trading experience and leveraging the benefits of Infinaeon’s Layer-2 scaling solution, Infinity Swap aims to capture a significant share of the decentralized trading market.
The bonus code “INF42” is still live, but as the DEX launch approaches, a surge in purchases could be seen, as was the case before the mainnet launch. This increased activity could push the presale towards its target, so those interested in participating are encouraged to act quickly.
Join The Infinaeon Presale Now
Presale: https://presale.infinaeon.com/
Telegram: https://t.me/Infinaeon/
Discord: https://discord.com/invite/WSy65uAYfd
X: https://x.com/Infinaeon