Infinex leveraging Chain Signatures + NEAR Intents
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About this video
Kain from Infinex discusses some tech they are using NEAR Chain signatures and intents protocols enable liquidity aggregation, allowing us to buy Bitcoin using SOL. Infinex's goal is to enhance existing infrastructure with a user-friendly UX. #ChainSignatures #Bitcoin #SOL #Liquidity #DeFi #DEX #Crypto #Web3 #Blockchain #NEARProtocol #Infinex
Transcript
182 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
There's two components, right? Like one is the tech and the other one is the product, right? Um, so chain signatures is cool. You've now got the signature scheme where you can use near to secure assets, but then what do you do with them, right? You need like cool, but we need to move them around. We need to swap them. And so the combination of chain signatures plus an intense protocol is what allows you to pull that liquidity from different places and and
- 0:23
you know, actually buy a bunch of Bitcoin. If I want to buy a million dollars worth of Bitcoin with Saul, chain signatures alone is not enough, right? You need you need the actual liquidity and and you need a DEX that can support that. Um, so again, for us, our goal is not to rebuild infrastructure. Our goal is not to uh compete with existing infrastructure. is to take the infrastructure that's already built and put a very nice UX and
- 0:49
look and feel on top of it to make it as easy as possible.