Unlocking Full Potential of DeFi Using Cross Chain Synthetics and Bridges.

 

Unlocking Full Potential of DeFi
Using Cross Chain Synthetics and Bridges.

KnitFinance is an unique decentralized protocol that combines synthetics across multiple chains, Bridges, and real world markets with yield, lend, trade and margin services through smart contracts.


What is KnitFinance

KnitFinance bridges multiple non-Ethereum chains with wrapped tokens. Any asset can be leveraged within Ethereum DeFi and implemented into liquid lending and trading.

Why Choose
KNIT.Finance?


Lend, Trade, and Yield Farm with Any Asset

Knit.Finance creates incredible opportunities for both altcoins and Ethereum DeFi. The protocol onboards new assets to the highly liquid Ethereum network and allows them to be plugged into existing yield generating opportunities.

Ethereum DeFi grows and altcoins generate new utilities.

Cross-Chain Bridges for Maximum Interoperability

Knit.Finance has created proprietary bridges to port altcoins on to the Ethereum network. These wrapped tokens are unique form of synthetic asset that is backed 1:1 by the represented altcoin.


Tap into the Physical World with Digital Assets

Knit.Finance provides synthetic assets for exposure to physical world assets, providing a novel opportunity for portfolio diversification within Ethereum DeFi. Knit supports commodities, equities, and fiat.

One Solution Fits All

Cross-Chain

Knit.Finance stands at the forefront of interoperability by enabling altcoins to be ported to Ethereum DeFi within a single UI.

Synthetic Assets

Knit.Finance makes equities, commodities, and fiat accessible within Ethereum DeFi, enabling greater asset exposure to the crypto community.

Token Economics and token uses


Staking

Knit.Finance stands at the forefront of interoperability by enabling altcoins to be ported to Ethereum DeFi within a single UI.

Pay for fees

Knit.Finance makes equities, commodities, and fiat accessible within Ethereum DeFi, enabling greater asset exposure to the crypto community.

Protocol governance

Knit.Finance makes equities, commodities, and fiat accessible within Ethereum DeFi, enabling greater asset exposure to the crypto community.

We're pleased to announce our Partnership with @Nuls

#Nuls will use #KnitDeFi multi-chain solution for getting NULS tokens on multiple chains.

Read More : https://knitfinance.medium.com/knit-finance-partners-with-69d75c551d87

Knit Finance and Nuls partnership give Nuls holders the ability to use their $NULS as a payment instrument in their marketplace and also have access to multiple chains via Knit Finance infrastructure.

Knit Finance

A unique decentralized system unlocking the full Potential of DeFi using cross-chain synthetix and bridge, a protocol that combines synthetics across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts.

Knit Finance bridges multiple non-Ethereum chains with ERC20 in Phase 1. Any digital, lockable asset can be leveraged with KNIT.Finance by generating equivalent synthetix tokens in a 1:1 ratio, hence unlocking billions of dollars and trade access which can be censor proof.

Nuls

NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability, and instant chain-building, NULS sets a new industry standard in streamlining blockchain adoption.

The microservice-layer design of NULS makes it easy for developers to quickly create modules for anything. NULS provides fluid, cost-effective, time-saving solutions for developers with minimum blockchain experience.

The Partnership Entails

Knit Finance gives $NULS holders the ability to use the token as a payment instrument in their marketplace.

Nuls will use KnitFinance’s multi-chain solution for getting NULS tokens on multiple chains.

Information


AUTHOR

Forum Username: seniman21

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3240377

Telegram Username: @cryptoseni

ETH Wallet Address: 0x83Baa8310A39E499932c8170eEa56fa7e2D29445



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