Knit Finance to integrate the UniLend Ecosystem to enable cross chain interoperability

Knit Finance to integrate the UniLend Ecosystem to enable cross chain interoperability

Knit Finance is excited to announce partnership with Unilend. Through this partnership Unilend will be available on multiple network chains for users to participate in defi opportunities.

UniLend is a permission-less DeFi protocol that combines spot trading services and lending/borrowing functionality within the same platform.

Highlights:

• Knit Finance integrates Unilend into its multi-chain platform.
• Unilend assets will be tradable across multiple chains.
• Unilend users can take their wrapped kASSETS and create options to stake, lend, borrow and margin trade across multiple chains.
• Unilend users will have options to trade in more network chains in future when Knit Finance adds more network chains.
• Unilend token holders will have more options to get benefit for staking in the form of K-Assets in the insured custodian model.
• Knit Finance K-Assets will also be made tradeable on the Unilend marketplace.
• Tokens listed on Knit Finance platform will also have the opportunity to get listed on partners platform — Crypto Wallet partners, Staking partners and Custody service provider’s to protect user funds.

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 Unilend Finance

UniLend is a permission-less DeFi protocol that combines spot trading services and lending/borrowing functionality within the same platform. Whereas other DeFi protocols support only ~30 assets, anyone can list any ERC20 asset on UniLend for decentralized trading and lending/borrowing.

UniLend’s mission is to open the DeFi space up to the $29B of ERC20 tokens which are currently excluded from DeFi, hence their motto ‘unlocking the true potential of decentralised finance.

Follow Unilend across official channels:

Website | Telegram Community | Announcements Channel | Twitter | Blog