In KardiaChain, “interoperability” and “scalability” are the specialty of our blockchain. This means they come with “expansion,” in all senses of the word. Our journey has now reached new boundaries, as we are in a partnership with Knit Finance to create a DeFi bridge to the prosperous Indian market and build a foundation for a unified blockchain.
Our patent-pending Dual Node technology and the recent launch of KAIDEX have pushed the opportunities for multi-chain interactions to become more accessible and more efficient than ever. With such established foundations, we aim to attract and cooperate with more quality projects to create a truly firmed and unified blockchain network to strengthen all platforms as a whole.
Being a decentralized protocol that combines synthetics across multiple chains, Knit Finance has already taken the first step with our network. As a result of our partnership, KardiaChains native token will integrate into the Knit Finance cross-chain wrapped assets platform. From now on, selective assets build on our KRC20 network with certain qualifications will have chances to be wrapped through Knit Finance’s multi-chain platform, allowing users to maximise yields farm and enrich the KRC20 tokens liquidity pool.
This process will help KardiaChain’s ecosystem gain more connection to other blockchains such as Polygon, Binance Smart Chain, Moonbeam, Fantom, Heco, ERC20, NULS, etc., creating more opportunities for promising projects to approach us and function in cross-chain protocol with near the lowest fee possible.
We are looking forward to seeing fruitful results from this partnership and many others to come and build true value on the KardiaChain network.
About Knit Finance
Knit Finance is a decentralized system unlocking the full potential of DeFi using cross-chain wrapped assets. The Polkadot-based protocol combines synthetics across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts. Any digital, lockable asset can be leveraged with Knit Finance by generating equivalent tokens in a 1:1 ratio, unlocking billions of dollars and trade access.
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