Knit Finance to integrate Unilend Protocol into its cross chain Platform to issue kAssets.

08 Nov 2021, 14:02

🔥 Knit Finance to integrate Unilend Protocol into its cross chain Platform to issue kAssets 🏋️‍♀️KnitFinance 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. 🔐 Unilend Protocol a permission-less DeFi protocol that combines spot trading services and lending/borrowing functionality. UniLend is bridging that gap by combining the decentralization aspect of enabling any ERC20 to be utilized as collateral for lending & borrowing whilst providing the flexibility for users to also trade their assets in-platform. 💎Through this integration, Unilend Protocol ($UFT) tokens will be tradable on Knit Finance's multi-chain platform and wrapped k-UFT tokens will be developed. These wrapped k-UFT tokens can be transacted across multiple independent blockchains with ease. K-Assets will also be made tradeable on the Unilend protocol marketplace. 🏋️‍♀️ Knit Finance’s wrapped assets along with K-UFT will be rewarded to users in future, once lending, staking and liquidity service goes live on Kint Finance multichain platform. 📖 Read more: t.ly/wFXJ 🗣 Spread the word: ✅ Trading live on : Gate.io | Uniswap | Pancakeswap |DexTools Follow Knit Finance through official channels : Announcement Channel | Medium | Facebook | Reddit | LinkedIn | Twitter | Youtube | Github | Website