Knit Finance Partners with QuarkChain to integrate into it’s multi-chain platform

Knit.Finance
2 min readAug 31, 2021

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Knit Finance is delighted to announce its partnership with QuarkChain, an innovative permissionless blockchain architecture that fully supports Ethereum smart contract.

It aims to provide a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS.

Knit Finance is a unique decentralized protocol for creating cross-chain wrappers for the top-200 assets. With Knit Finance, Users can deposit to insured custody and mint k tokens.

Through this partnership, Quarkchain native tokens will be integrated into Knit Finance’s multichain platform to allow QKC to be transacted across multiple independent blockchains in a wrapped K-QKC token.

Key Highlights

  • Quarkchain — Multi chain interoperability.
  • K-QKC assets will be insured with custodians.
  • Users will have options to participate in lending, staking and liquidity pools.
  • K-Assets will have the opportunity to be listed on Knit Finance partners platform.

“Small brief about the partner project: Support for Development of QuarkChain. Developer Portal. An innovative permissionless blockchain architecture fully supports Ethereum smart contract.” — Qi Zhou, CEO of QuarkChain

About Knit Finance

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.

Follow Knit Finance across official channels:

Announcement Channel | Medium | Facebook | Reddit | Twitter | Youtube | Github | Website

About Quarkchain

QuarkChain, An innovative permissionless blockchain architecture that fully supports Ethereum smart contract. A flexible, scalable, and user-oriented blockchain infrastructure by using heterogeneous sharding technology.

Follow QuarkChain across official channels:

Medium | Twitter | Telegram | Website

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