Knit Finance Partners with PlotX

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

Knit Finance and PlotX

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.

PlotX

PlotX is a non-custodial prediction protocol that enables users to earn rewards on high-yield prediction markets, it is dubbed as the Uniswap of prediction markets. Plotx has a token, $PLOT; a non-refundable functional utility token which will be used as the medium of exchange between participants on the PlotX prediction market protocol.

PlotX Features

  • Automated Market Making
  • Quick turnaround- 4 hour, 1 day and 1 week
  • Focused crypto markets
  • Instant rewards
  • Automated Calculations
  • Liquidity Mining
  • Soon to launch V2 on Polygon

The Partnership Entails

  • Knit Finance gives $PLOT holders the ability to use the token as a payment instrument in their marketplace.
  • $PLOT will use multi-chain via Knit Finance Infrastructure
  • Knit Finance aims to leverage the PlotX prediction market protocol within their ecosystem for gamified prediction of assets.

Read more about Knit Finance and PlotX.

Follow on Twitter

Knit Finance — https://www.twitter.com/KnitFinance

PlotX — https://www.twitter.com/TryPlotX

Know all the latest updates on Telegram

PlotX- https://t.me/plotx_official

Knit Finance — https://t.me/knitfinance

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