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.
- 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.
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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.
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