## Infinex Adjusts TGE Mechanism: From Community Feedback to Concerns Over Insider Trading

Infinex super app — a secure passkey-based custodial trading platform — has announced significant optimizations for its token launch. This change stems from unexpected reactions within the first 24 hours after the token sale began on January 3rd.

### Why the adjustment is needed: Market feedback

At launch, Infinex’s token sale raised only $448,000 from 270 addresses — less than 10% of the $5 million fundraising goal. Recognizing the challenge of balancing different stakeholder groups (current Patron holders, new investors, fair distribution), which created a too-complex mechanism, Infinex decided to listen to the community and redesign the rules.

According to an official announcement on January 5th, the team acknowledged: "Retail investors hate token lockups. Whales hate limits. Everyone hates complexity." From this realization, three major changes were announced before the TGE concludes (expected January 10th).

### Three main adjustments to optimize the rules

**Removing individual caps:** Infinex eliminates the $2,500 allocation limit per account, allowing the "market to decide" instead of guessing exact figures.

**Switching to a bottom-up allocation mechanism (water filling):** Instead of random distribution, Infinex applies "water filling" — tokens are allocated equally to participants until the fund is exhausted or supply runs out. Any contributions exceeding the limit will be refunded afterward.

**Refining Patron priority:** Patron NFT holders still receive priority, but this detail will only be determined **at the end** of the TGE rather than guessed beforehand, gathering actual demand data.

### TGE outlook and emerging concerns

As of now, the token sale has not reached $700,000 — only 14% of the target. Infinex values the total dilution at $99.99 million, and all tokens issued will be locked for one year, sparking discussions about the effectiveness of the issuance strategy.

However, more attention-grabbing are the suspicions arising on Polymarket — a leading prediction platform. Analysts found that newly created accounts bought large amounts of "yes" bets on the $3 million and $5 million funding milestones just under 15 hours before Infinex announced the adjustments. These accounts began active trading right after creation, leading to speculation about potential insider involvement of Infinex staff or Patron NFT owners.

Community users have reported suspicions of insider trading or information leaks — whether intentional or accidental. At this time, Infinex has not issued any official comments regarding these rumors.

### What is Infinex: Decoding blockchain abstraction

Infinex is a super custodial crypto app with passkey security, built to provide a trading experience similar to centralized exchanges but operating directly on-chain. The platform operates through NEAR Intents — an abstraction protocol that allows users to execute trading intents without worrying about the technical details of each blockchain. This protocol runs on the NEAR blockchain, simplifying the user experience.

Thanks to this abstraction mechanism, Infinex integrates multi-chain wallets, unified portfolio management, trading terminals, supports over 20 blockchains, and offers features such as gas fee abstraction, perpetual and spot trading, token swaps, cross-chain bridges, yield farming, NFT markets, prediction markets, and airdrops — all within a single interface.

Recent developments around Infinex coincided with the Ledger Wallet data leak and the Starknet L2 platform incident, creating a context that makes security and trust issues more sensitive within the crypto community.