TomoChain (TOMO) is ready to go multi-chain through the partnership with Knit Finance
Knit Finance, a decentralized protocol for creating cross-chain wrapped tokens for the top cryptocurrencies, now has integrated TomoChain (TOMO) into its platform.
Knit Finance, a decentralized protocol for creating cross-chain wrapped tokens for the top cryptocurrencies, now has integrated TomoChain (TOMO) into its platform.
This integration allows users to mint wrapped TOMO (kTOMO) and move across different chains including Ethereum, Polygon, MoonBeam, Binance Smart Chain, Heco Chain and more to add in the future. As Knit Finance is developing more features along the way, eventually users will also be able to stake, lend, and borrow kTOMO at Knit’s all-in-one platform.
At TomoChain, we are super excited for this integration as it will allow more seamless cross-chain liquidity transfer and increase the interoperability for TOMO and the entire DeFi ecosystem as a whole.
About TomoChain Lab
TomoChain is a scalable blockchain-powered via Proof-of-Stake voting consensus and used commercially by companies globally.
TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology and DeFi-focused flagship products include:
- Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatibility.
- An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.
Learn more about Tomochain by visiting the TomoChain Lab Website, Twitter, Telegram or Medium.
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.
Follow Knit Finance across official channels:
Announcement Channel | Medium | Facebook | Reddit | Twitter | Youtube | Github | Website
