TrustFi Strategic Partnership with Knit Finance

Published on: 25.11.2021

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

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

TrustFi disrupts the DeFi market by providing a multi-chain decentralized BaaS solution.

Source

https://trustfi.medium.com/trustfi-knit-finance-announce-a-strategic-partnership-70498e34470e

Market Stats:
BTC Dominance: 58.09%(+0.20%/24h)
ETH Dominance: 12.19%(-0.15%/24h)
Defi Market Cap: $94.87B(-12.59%/24h)
Total Market Cap: $3289.78B(-1.72%/24h)
Total Trading Volume 24h: $196.2B(-13.22%/24h)
ETH Market Cap: $401.38B
Defi to ETH Ratio: 23.63%
Defi Dominance: 2.76%
Altcoin Market Cap: $1378.86B
Altcoin Volume 24h: $147.93B
Total Cryptocurrencies: 32391
Active Cryptocurrencies: 10184
Active Market Pairs: 90836
Active Exchanges: 760
Total Exchanges: 9617
BTC: 96557.13$(0.61%/1H)
ETH: 3328.16$(0.54%/1H)
AVAX: 40.28$(1.78%/1H)
BNB: 654.99$(1.12%/1H)
MATIC: 0.55$(1.37%/1H)
FTM: 1$(3.51%/1H)
ADA: 1$(2.84%/1H)
DOT: 8.52$(1.24%/1H)
UNI: 10.54$(1.8%/1H)
CAKE: 2.49$(2.16%/1H)
SUSHI: 1.06$(2.21%/1H)
ONE: 0.02$(1.93%/1H)