OpenDeFi is proud to announce a strategic partnership with Knit Finance. This partnership will unlock the full potential of DeFi by combining synthetics across multiple chains, Bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts.
What is coming with Knit Finance?
- ‘Knit Finance Token’ can be added as an investment instrument.
- Addition of new real-world asset options to OroPocket’s future token listings, which are synthesized on KNIT’s platform.
- This partnership will also work on farming protocols.
We are excited to integrate with OpenDeFi. As we saw that DeFi was like $13 billion and the Crypto cap was $700 billion huge value that can still be added into DeFi world. In our model, a trusted custodian (from our marketplace ) ensures the trust behind security behind real-world assets. Apart from this tokenized assets of OpenDeFi will be available over Knit Finance – Sainath Gupta, CEO, Knit Finance
About Knit Finance
It is a unique decentralized protocol that combines synthetics across multiple chains, Bridges, and real world markets with yield, lend, trade and margin services through smart contracts. This also gives cross chain liquidity aggregation in a Completely transparent 100% verifiable. Community led initiative.
Website : https://knit.finance/
Twitter : https://twitter.com/KnitFinance
OpenDefi provides 100% asset-backed banking without the insidious, hidden charges and time-consuming tedium that come with traditional banks. Through their Fiat on-ramp OroPocket, users can invest into multiple asset classes, grow their wealth, enjoy 100% liquidity—all on Blockchain, with a simple app.