Cryption Network announces partnership with Knit Finance
Cryption Network is delighted to announce that we are partnering with Knit Finance, a DeFi platform that strategizes and focuses on cross-chain and multi-chain synthetic assets. It is a next-generation protocol and this new partnership will go a long way in giving it access to cross-chain interoperability. It will also increase the utility of CNT and will also grow the DeFi ecosystem in a desirable manner.
What the partnership entails
Cryption has always looked for a good experience for its users and its collaboration with Knit will further augment the efforts to make the User experience top-notch. The two new projects will utilize and enhance the power of DeFi as a whole. Knit Finance will be a golden opportunity to explore our platform and make their business agreements more efficient.
- Knit Finance will integrate CNT (Cryption Network native token) to knit Finance multi-chain platform by creating wrapped token K-CNT.
- The integration will enable the Crypton Network users to make cross-chain transactions.
- Cryption will also list Knit Finance token KFT and its K-Assets on its AMM platform.
About Knit Finance
This is a futuristic DeFi protocol that aims to provide a bridge between multiple non-Ethereum chains with ERC20. In Knit Fiance any digitable, lockable asset can be easily leveraged by generating an equal amount of wrap tokens in a 1:1 ratio. This helps unlock billions of dollars with censor-proof trade access.
About Cryption
Cryption Network aims to simplify the onboarding process for retail investors with its advanced, user-friendly products to facilitate crypto adoption. The platform offers a low-fee DEX, a market maker capable of creating a market for any event, and hands-on service to assist DeFi projects.
📰 INFO
https://blog.cryption.network/cryption-announces-partnership-with-knit-finance-f03852d14222
