Forward Partnership with Knit Finance

xyla — Thu, 04 Aug 2022 15:22:15 +0000

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.

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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Forward Protocol Partnership with Knit Finance

diane — Wed, 03 Aug 2022 17:15:26 +0000

Forward Protocol, the gateway to blockchain adoption, announced its partnership with Knit Finance, a Cross-Chain Wrapped Assets with Deposit Insurance.

This partnership of Forward Protocol with Knit Finance will give them a new dimension in their mission to facilitate multi-chain compatibility across different DeFi-based ecosystems globally, including Web3 and NFT markets.

Partnership Highlights

Forward Protocol collaboration with Knit Finance is part of their 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. They also look forward to welcoming and facilitating the transition of new users onto the blockchain ecosystem.

Management Quote

“The blockchain space is moving fast, with many innovators adding to the development of the industry. These innovations are developed by forward-thinking projects like Knit-Finance. They have developed an efficient system to facilitate cross-chain utility and interacting with insurance-backed assets. And Forward Protocol makes these innovations accessible and easy-to-use for every participant in DeFi systems.” Mitch Rankin, Co-founder of Forward Protocol.

“The future is in DeFi and the solutions that ease the transition of traditional finance users into these systems and leverage the innovations within them will claim major shares in the economy of the future. Forward Protocol complements our solutions, so a collaboration is a no-brainer. We believe in the future of DeFi and we are actively developing user-friendly and secure environments for users.” Sainath — CEO of Knit Finance.

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.

Website | Twitter