Knit Finance — September Monthly Update
Knit Finance had an eventful September month. Thank you, to the community members for your trust and support, Knit Finance is marching towards on the right track to deliver what it has promised to Crypto lovers and DEFI users. The future is very rewarding for those seeking to tap on to this DEFI ecosystem.
Let’s run down to highlight Knit Finance September month events.
#Public Sale Event
Knit Finance public sale took place on 2nd of september on Gate.io. Trading went live on the same date at Gate.io followed by listing on Uniswap and Pancakeswap. Currently KFT is listed on few echanges as follows:
1. Partnership with Polygon Network
Knit Finance has integrated the Polygon Network. Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks
Knit Finance integrates Polygon onto its EVM compatible multi-chain platform
Knit Finance has integrated Polygon Network (previously matic) into its Multi-chain platform.
Polygon is the first well-structured, easy-to-use platform for full-stack Ethereum scaling and infrastructure development. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.
2. Partnership with Cartesi Network
Knit Finance will integrate Cartesi tokens on its multi-chain platform by developing wrapped K-CTSI tokens.
3. Partnership with IOST
Knit Finance is thrilled to partner with @IOST_Official, An Ultra-fast, Scalable & Secure #Blockchain Platform. Knit Finance will integrate IOST tokens on its multi-chain platform by developing wrapped K-IOST tokens.
Through this collaboration, IOST Network will be able to utilize the cross-chain interoperability enabled by Knit Finance, to allow its native IOST tokens to be transacted across multiple independent blockchains in a wrapped K-IOST token model.
4. Partnership with Digibyte
Knit Finance is proud to announce that it has joined forces with @DigiByteCoin, one of the fastest, safest, efficient and truly decentralized blockchains available. Knit Finance will issue wrapped K-DGB tokens to facilitate cross-chain transactions.
K-DGB users can interoperate across Ethereum, Binance Chain, Moonbeam, Fantom, Heco Chain and Polygon at an early stage, Knit Finance will be adding more networks over time.
5. Partnership with Defi Wizard
KNIT Finance is excited to announce its partnership with DeFi Wizard,a Service provider on Multi-Chains, making DeFi Legos simple.
KNIT Finance will utilise Investor Token Claiming Dashboard leveraging the power of innovative blockchain solutions provided by Defi Wizard
6. Partnership with Celo
Knit Finance will integrate CELO tokens on its multi-chain platform by developing wrapped K-CELO tokens.
Celo, a global payments infrastructure that makes financial tools accessible to anyone with a mobile phone. The Celo network allows for the creation of smart contracts and decentralized applications (dApps) as part of decentralized finance (DeFi).
7. Partnership with Skale Network
Knit finance will integrate SKALE Network to its EVM compatible multi-chain platform. Knit Finance’s wrapped assets will also be made compatible with the SKALE Network ecosystem.
SKALE assets will be tradable across multiple chains throughout Knit Finance.
Every network that is bridged on Knit Finance platform will have access to SKALE Network users to make it interoperable and tradeable.
8. Partnership with Tomochain
Knit Finance integrates Tomochain (TOMO) tokens into its Multichain Platform. Users can move wrapped TOMO tokens across multiple chains like Ethereum, Polygon (Matic), MoonBeam, BSC, Fantom, Heco Chian and more to add in future. Knit Finance’s wrapped assets will also be compatible with the Tomochain ecosystem, enabling more seamless liquidity transfer between networks.
9. Partnership with Kyber Network
Knit Finance is pleased to announce its collaboration with Kyber Network, a liquidity hub that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp).
The main goal of Kyber Network is to enable DApps, aggregators, decentralized exchanges (DEXs) and other users easy access to a range of liquidity pools that provide the best rates. Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity.
10. Partnership with Firo
Knit Finance is thrilled to announce its collaboration with FIRO, a digital currency with a focus on setting privacy standards. Firo, formerly Zcoin, has been the gold standard of trustless, on-chain privacy since 2016. Firo is a distributed, worldwide, decentralized digital money that focuses on keeping your transactions anonymous. It has accomplished this with Lelantus, a next-generation privacy protocol developed by Aram Jivanyan at Firo. Lelantus allows you to burn your coins, which hides them in an anonymity set of over 65,000.
11. Partnership with Oasis Protocol
Knit Finance is pleased to announce that it has partnered with Oasis Protocol to enable cross-chain transactions in the ROSE token and further their jointly held goal of opening Decentralized Finance to all.
The Oasis Network is a privacy-enabled blockchain platform for open finance and a responsible data economy.
12. Partnership with Stacks
Knit Finance is proud to announce that it will be integrating the Stacks blockchain to bring Stacks to its EVM compatible mutli-chain platform. Stacks makes Bitcoin programmable, enabling decentralized apps and smart contracts that benefit from Bitcoin’s security and enables a unique yield mechanism called Stacking that enables users to earn BTC rewards for locking their STX to the network.
1.Staking partnership with Figment
Knit Finance is thrilled to partner with Figment, a leading solutions provider in Staking, middleware, and application layer solutions for token holders and developers investing in and building on Web 3 technology.
Knit Finance users will have access to the added advantage of extra earning’s opportunities by staking their native token, while original token assets will be insured by custodian’s and generating staking rewards, users can also utilize their wrapped kAssets for trading, lending, margin trading and liquidity provisions.
2.Partnership with Stakin
Knit Finance is thrilled to announce its partnership with Stakin, a leading solutions provider and infrastructure operator for Proof-of-Stake (PoS) public blockchains, offering delegation services.
Apart from normal APY from staking, Knit Finance users will get added advantage of earning additional value opportunities by staking their native token, while original assets will be insured by custodian’s and generating staking rewards, users can also utilize their wrapped kAssets for trading, lending, margin trading, and liquidity provisions.
#AMA with CryptoDaku
#AMA with SparkPoint
Knit Finance invited SparkPoint’s team for an exciting and educational AMA.
AMA was presented by Rico Zuñiga, the Chief Technology Officer and Andy Agnas, CEO and founder of SparkPoint.
#Are you ready for a meme competition?
Knit Finance is excited to host a Meme competition!
3 lucky winner will get $150 KFT
Create interesting meme contents keeping in mind a series of entertainment.
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.
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