Knit Finance — Unlocking the full potential of multi-chain DeFi

Introducing @KnitFinance. Knit Finance is a unique decentralized protocol that combines synthetics across multiple chains, Bridges, and real real-world markets with yield, lend, trade, and margin services through smart contracts.

They are unlocking the full potential of multi-chain DeFi using cross-chain synthetics and bridges. Knit Finance aims to bridge multiple non-Ethereum chains with ERC20 in Phase 1.

Any digital, lockable asset can be leveraged with KNIT.Finance by generating equivalent synthetic tokens in a 1:1 ratio, hence unlocking billions of dollars and trade access which can be censor proof.

Why Choose Knit Finance?

1. Lend, Borrow, Margin and Yield on Multiple Chains and Multiple Assets Increasing their Value

2. Global Liquidity Pool

3. Power of Flexibility of Ethereum for non Ethereum coins

4. Multi-chain Bridges

With Knit Finance, you get easy access to DeFi, as DeFi is confined to assets on the Ethereum network. Thus KNIT.Finance provides non-ERC20 assets easy access to the DeFi, thereby opening a world of new possibilities.

Additionally, Real-world assets that were previously restricted to traditional centralized exchanges can now enter DeFi through KNIT.Finance. By synthesizing stocks, gold, and even fiat, these real-world assets can be brought into the DeFi ecosystem.

Finally, there is no risk of centralization. The smart contract is not owned or controlled by a central party. It is 100% decentralized and is solely dependent on user consensus for governance.

Trade on DEXs, Nodes & DAPPs

KNIT.Finance simplifies decentralized trade and DAPP payments. Coins that were restricted to centralized exchanges can now be traded on DEXs. ERC20 nodes are sufficient for DAPPs to process transactions of various coins and accept payments in these coins.

Smart Contracts

For Every Coin

KNIT.Finance systemizes the conversion of non-ERC20 tokens to ERC20 standard. Thus, each and every blockchain is now open to smart contracts and the numerous use cases that they offer.

Quick, Efficient, & Hassle-Free

The best protocol for fast and easy conversion of various coins and tokens to equivalent ERC20 synthetic tokens and vice versa.

More information :

Website : https://knit.finance/
Twitter : https://twitter.com/KnitFinance
Telegram :https://t.me/knitfinance
LinkedIn : https://www.linkedin.com/company/knitfinance