[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% penal

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Author: Chainwire

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