KnitFinance Integrated $ETH Token Into its Multichain Wrapping Protocol in Beta
Knit Finance is happy to announce Integration of ETH token into its multichain wrapping platform in beta.
- Knit Finance integrates $ETH into its multi-chain Beta platform.
- $ETH will be tradable across multiple chains through Knit Finance.
- Users can take their wrapped K-ETH and create options to stake, lend, borrow and margin trade across multiple chains.
- $ETH users will have options to trade in more network chains in future when Knit Finance adds more network chains.
- Once staking goes live users will be rewarded for staking in the form of K-Assets.
- K-Assets will also be made tradeable across trading platforms in future.
Test out integration here beta.knit.finance
Please note dApp is still under development it might face issues feel free to share feedback in our telegram community. Email us at email@example.com
About Knit Finance
Knit Finance is a unique web3 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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Ethereum is a technology for building apps and organisations, holding assets, transacting and communicating without being controlled by a central authority. There is no need to hand over all your personal details to use Ethereum — you keep control of your own data and what is being shared. Ethereum has its own cryptocurrency, Ether, which is used to pay for certain activities on the Ethereum network.