QuarkChain Partners with Knit Finance for Multi-Chain Interoperability

QuarkChain
Aug 31 · 2 min read

QuarkChain is delighted to announce its partnership with Knit Finance. Knit Finance is a unique decentralized protocol for creating cross-chain wrappers for the top-200 assets. With Knit Finance, users can deposit to insured custody and mint k tokens.

Through this partnership, Quarkchain native tokens will be integrated into Knit Finance’s multichain platform to allow QKC to be transacted across multiple independent blockchains in a wrapped K-QKC token.

Key Highlights

  • Quarkchain — Multi chain interoperability.
  • K-QKC assets will be insured with custodians.
  • Users will have options to participate in lending, staking and liquidity pools.
  • K-Assets will have the opportunity to be listed on Knit Finance partners platform.

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.

Knit Finance has also partnered with Polygon, Elrond, Harmony, Avalabs and other representative blockchain projects to integrate their mainnet into their multi-chain platform.

Follow Knit Finance across official channels:

Announcement Channel | Medium | Twitter | Website

About Quarkchain

QuarkChain, is a flexible, scalable, and user-oriented blockchain infrastructure by using heterogeneous sharding technology.

With an innovative permissionless blockchain architecture that fully supports Ethereum smart contract. It aims to provide a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS.

Follow QuarkChain across official channels:

Medium | Twitter | Telegram | Website

QuarkChain Official

QuarkChain provides a secure, decentralized and scalable…