Through this partnership, Knit Finance will integrate TrustFi Network into its multi-chain platform.
- TrustFi Network assets will be tradable across multiple chains.
- TrustFi Network users can take their wrapped kTFI and create options to stake, lend, borrow and margin trade across multiple chains.
- TrustFi Network users will have options to trade in more network chains in future when Knit Finance adds more network chains.
- TrustFi Network users will have more options to get benefit for staking in the form of K-Assets in the insured custodian model.
- K-Assets will also be made tradeable on the TrustFi Network.
- Knit Finance users will also have options to stak NFT assets on TrustFi Network.
Knit Finance 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.
TrustFi disrupts the DeFi market by providing a multi-chain decentralized BaaS solution.