At a previous job an "infinite scroll" experience was tested against many paginated pages and 0.2% is roughly the conversion rate of someone clicking through to the 4th or 5th page of results IIRC. They decided to not go true "infinite scoll" but rather add a "See More" button instead of pagination.
Anyway just interesting data points for what "0.2% conversion" looked like in my experience.
I also use it like that, last time it filled whatsapp with an entire story about the greatness of the company and the wonderfulness of the product. I tried to remove everything not part of the giant link made from tracking info which is done though an UI so annoying it seems like you are not suppose to. Overall it made a memorable experience worth not repeating.
I'm writing this so that others don't have to repeat my mistake.
Anyway just interesting data points for what "0.2% conversion" looked like in my experience.