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
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 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.
- 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.
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