Knit Finance Announces a Partnership with TribeOne to Integrate HAKA into its Multi-Chain Platform
Knit Finance is pleased to announce its collaboration with TribeOne, world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology.
Knit Finance unlocks the full potential of DeFI by bridging the entire crypto ecosystem to DeFi using a wrapped protocol.
Through this collaboration, Knit Finance will integrate TribeOne native token “HAKA” into its multi-chain platform, while creating market options and boosting liquidity for both assets. Knit Finance also plans to add K-Asset tokens for lending and borrowing into the TribeOne platform which will enable high yield reward to users.
Wrapped K-HAKA tokens for Cross-Chain Transactions
TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole.
Knit Finance allows users to maximize DeFi yields with multi-chain APY optimization. Knit users can maximize collateral security using the insured custody and access wrappers for their entire portfolio. Knit Finance enables the K standard for tokens, which is a token wrapper for assets held in insured custody.
Knit Finance’s exciting collaboration will involve the integration of TribeOne native token, HAKA, on its multi-chain platform. This will allow “HAKA” tokens to be transacted across multiple independent blockchains in a wrapped K-HAKA token model.
“We always look forward to joining hands with projects and teams to support their protocol with our K-Assets and to add extra value to our platform. This integration will also allow us to drive joint operations to explore new avenues in DeFi space and enhance our user experience to a different extent. Thus, the entire Knit Finance team is excited to have TibeOne along with us on this journey”
- Sainath Gupta, CEO
“This integration with Knit Finance will enable TribeOne to have access to their progerssive multichain asset technology that aims to redefine the DeFi sphere”
-Tan Ahmad, Director of Partnership
About Knit Finance
Knit Finance is a unique decentralized protocol that integrates its wrapped protocol across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts. KnitFinance bridges multiple non-Ethereum chains with wrapped tokens. Any asset can be leveraged within Ethereum DeFi and implemented into liquid lending and trading.
Knit Finance further lowers the entry barrier for traditional investors to participate in yield farming, lending, trading, and other financial services in the fast-growing DeFi ecosystem. By unlocking the value of real-world assets like stocks, gold, and fiat currencies, Knit Finance provides a way for the masses to shift towards DeFi while they enjoy the benefits of centralized finance.
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About TribeOne
TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.
