Pandora Partners with Knit Finance to integrate into their cross-chain Platform to issue kAssets
Pandora + Knit Finance
Pandora Protocol is excited to announce a partnership with Knit Finance to integrate into their cross-chain Platform to issue kAssets. Through this integration, Pandora Protocol ($PNDR) tokens will be tradable on Knit Finance’s multi-chain platform, and wrapped k-PNDR tokens will be developed. These wrapped k-PNDR tokens can be transacted across multiple independent blockchains with ease. K-Assets will also be made tradeable on Pandora’s NFT marketplace.
Highlights:
- Knit Finance integrates Pandora Protocol into its multi-chain platform.
- Pandora Protocol assets will be tradable across multiple chains.
- Pandora Protocol users can take their wrapped kASSETS and create options to stake, lend, borrow and margin trade across multiple chains.
- Pandora Protocol users will have options to trade in more network chains in the future when Knit Finance adds more network chains.
- Pandora Protocol users will have more options to get benefits for staking in the form of K-Assets in the insured custodian model.
- K-Assets will also be made tradeable on Pandora’s NFT marketplace.
- Knit Finance users will also have options to issue wrapped assets on Pandora Protocol market platforms.
About 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.
About Pandora :
Pandora Protocol provides the platform where any real-world asset can be traded in a trustless and frictionless way via NFT. We are leveraging the existing blockchain infrastructure and building a middle-layer Pandora protocol on top of it. This middle-layer will help any real-world asset get tokenized in NFT, which can be traded globally anywhere.
