According to Foresight News , Bankless tweeted that Infinex, a cross-chain DeFi aggregation platform, has updated details of its token sale on Echo's Sonar platform. The sale will offer 5% of the token supply, reducing the fundraising amount from $15 million to $5 million, and the FDV from $300 million to $99.99 million. User registration will open on December 27th, and the sale will begin on January 3rd. Additionally, an extra 2% of the tokens will be sold to Uniswap CCA.
Infinex lowers its Sonar token sale amount and FDV: FDV drops to $99.99 million, and funding amount drops to $5 million.
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