Infinex has revised the token sale parameters for its DeFi platform Sonar on Echo, reducing the fundraising target from $15 million to $5 million. The token supply available for sale is set at 5%, and the fully diluted valuation (FDV) has been adjusted from $300 million to $99.99 million. Registration for the token sale opens on December 27, with the sale commencing on January 3. Additionally, Infinex plans to allocate an extra 2% of tokens to Uniswap CCA.
Infinex Reduces Sonar Token Sale Target and Valuation
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