Knit Finance partners with Neblio to integrate K-NEBL tokens in its Multichain platform
Knit Finance is excited to announce its partnership with Neblio, a secure, distributed platform built for enterprise applications and services.
Knit Finance is a unique decentralized protocol for creating cross-chain wrappers for the top assets. With Knit Finance, Users can deposit to insured custody and mint k assets.
Through this partnership, Neblio’s native tokens will be integrated into Knit Finance’s multichain platform to allow NEBL to be transacted across multiple independent blockchains in a wrapped K-NEBL token.
Wrapped K-NEBL tokens for Cross-Chain Transactions
Neblio Platform aims to provide fully open-source APIs, tools, and services for enterprises to deploy dApps. Neblio Token Protocol-1 enables the creation of unique tokens. Powered by Tachyon, The Neblio Network is lightning fast today and ready to scale with the future. Do check https://youtu.be/2z0Ws8IJe7o
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 collaboration with Neblio will involve the integration of Neblio’s native token NEBL on its multi-chain platform. This will allow NEBL tokens to be transacted across multiple independent blockchains in a wrapped K-NEBL token model.
Knit Finance is a unique decentralized protocol for creating cross-chain wrappers for the top-200 assets. It delivers all-market bridges to ensure comfortable cross-chain fluidity of assets and allows institutions, developers, farmers, and traders to tap into trusted custody to mint Knit’s k tokens.
Neblio makes blockchain simple. The Neblio Token Protocol-1 and its unique metadata properties allow for easy tokenization of physical and digital assets without any development or technical experience. Whether one is launching a new project, an existing business, or want to create for fun, Neblio is the easiest blockchain platform to develop your use case on.