Knit Finance Forms Strategic Integration with DigiByte
Knit Finance is thrilled to announce that it will integrate DigiByte, one of the fastest, secure, and decentralized blockchains in the world. As Knit Finance continues to march ahead in its mission to unlock the full potential of DeFi, this latest partnership will surely help more investors participate in the explosive DeFi space. More specifically, the collaboration will pave the way for Knit Finance to integrate DigiByte on its multi-chain platform.
“We are proud to collaborate with one of the front runners of the blockchain industry. We are confident that this collaboration will not just provide new and exciting opportunities for the community, but also help us gain tremendous experience as well.”— Sainath Gupta, CEO Knit Finance
Partnership Key Highlights
- DigiByte — Multi chain interoperability.
- Users can swap DGB to K-DGB and trade across multiple networks.
- K-DGB users can interoperate across Ethereum, Binance Chain, Moonbeam, Fantom, Heco Chain and Polygon at an early stage, Knit Finance will be adding more networks over time.
- DigiByte users will have options to participate in the DEFI ecosystem.
- kAssets will be listed on more platforms in future where K-DGB users will have the opportunity to participate on it.
ABOUT DIGIBYTE
Digibyte is a decentralized global UTXO PoW based blockchain (just like Bitcoin) with a focus on Cyber Security, DigiAssets, Payments & Secure communications technologies. The DigiByte blockchain was developed in 2013 and released in January 2014 by Jared Tate (Creator & Founder of DigiByte) with an open-source protocol.
ABOUT Knit Finance
Knit Finance is a unique decentralized protocol that integrates its wrapped ‘k’ token standard across multiple chains, bridges, and real-world markets. Knit bridges multiple non-Ethereum blockchains, allowing both crypto and real-world assets to move across these chains as wrapped tokens.
RESOURCES
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