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Forward Partnership with Knit Finance

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Forward Protocol Partnership with Knit Finance, a protocol for creating cross-chain wrappers for the top-200 assets.

Forward Protocol’s vision to deliver the ultimate blockchain adoption solution through user-friendly toolkits moves forward with their partnership with Knit FInance. The partnership gives them a new dimension in their mission to facilitate multi-chain compatibility across different DeFi-based ecosystems globally, including Web3 and NFT markets. As Forward Protocol announced their partnership with Knit Finance.

Knit Finance aims to be the ultimate DeFi cross-chain compatibility solution, providing access to multi-chain wrapped assets for all crypto assets. It allows users to deposit digital assets into deposit-insured protocols to mint 1:1 wrapped K-Assets. It combines DPoS assets staking and on-chain incentivization to encourage participation.

The Partnership

Their partnership with Knit Finance is part of Forward Protocol mission to make blockchain adoption straightforward and rewarding for all participants in value-based blockchain ecosystems. Forward Protocol will provide an easy-to-use interface for blockchain users to interact with the cross-chain utilities and insurance-backed K-Assets that Knit Finance provides.

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About Forward Protocol

Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their blockchain applications without technical knowledge. Forward Protocol has elements of NFT, DeFi, Gamification, AI, ML and Social Tokens inbuilt that connect the value-driven economy. Applications and smart contracts from Forward Protocol can be deployed on any EVM compatible chains in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track mass adoption of Blockchain Technology.

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About Knit Finance

Knit Finance aims to be the ultimate DeFi cross-chain compatibility solution, providing access to multi-chain wrapped assets for the top 200 assets. It allows users to deposit digital assets into deposit-insured protocols to mint 1:1 wrapped K-Assets. It combines DPoS assets staking and on-chain incentivization to encourage participation. Users can move K-Assets across different blockchains and easily access crypto liquidity in a few simple clicks.

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SOURCE

https://forwardprotocol.medium.com/forward-protocol-x-knit-finance-partnership-cross-chain-flexibility-and-usability-in-defi-systems-6a830c9339d6

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