Knit Finance is Thrilled to Announce Partnership with Umbrella Network

  • Umbrella Network will support KnitFinance k-Assets in their Oracle data feeds which can be used for various purposes.
  • Umbrella network will provide price feed, yield feed data on ETH, BSC, Polygon Previously Matic and Avalanche for Knit Finance.
  • KFT-USD price is now supported as Layer-2 Data on Umbrella Network Oracle.
  • Umbrella network users can take their wrapped kAssets and create options to stake, lend, borrow and margin trade across multiple chains through Knit Finance.
  • Knit finance will help Umbrella Network for collaboration with new projects in its early phase
  • Umbrella Network users will have options to trade in more network chains in future when Knit Finance adds more network chains.
  • Umbrella network users will have more options to get benefit for staking in the form of k-Assets in the insured custodian model.
KFT Oracle data feed intetegration on Umbrella Network

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store