Kardiachain Enters Strategic Partnership With Knit Finance

Published on: 09.06.2021

Vietnam meets India! Kardiachain, a public blockchain focused on Interoperability, leading the race towards blockchain adoption in Vietnam enters a strategic partnership with Knit Finance, India’s prominent cross-chain platform for the next generation blockchain unification.

Kardiachain’s patent-pending Dual Node technology and the recent launch of KAIDEX have pushed the opportunities for multi-chain interactions to become more accessible and more efficient. As a result KardiaChain’s native token $KAI will integrate into the Knit Finance cross-chain wrapped assets platform. Selective assets build on KRC20 network with certain qualifications will have a chances to be wrapped through Knit Finance’s multi-chain platform, allowing users to maximise yields farm and enrich the KRC20 tokens liquidity pool.

This process will help KardiaChain’s ecosystem gain more connection to other blockchains such as Polygon, Binance Smart Chain, Moonbeam, Fantom, Heco, ERC20, NULS, etc., creating more opportunities for promising projects to approach us and function in cross-chain protocol with near the lowest fee possible.

ABOUT Knit Finance
Knit Finance is a decentralized system unlocking the full potential of DeFi using cross-chain wrapped assets. The Polkadot-based protocol combines synthetics across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts. Any digital, lockable asset can be leveraged with Knit Finance by generating equivalent tokens in a 1:1 ratio, unlocking billions of dollars and trade access.

ABOUT KARDIACHAIN
KardiaChain is a public blockchain focused on Interoperability, leading the race towards blockchain adoption in Vietnam by providing hybrid blockchain solution/infrastructure for major enterprises and government bodies.

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