Cross-chain wrapped assets using Polkadot and Ethereum.
Knit Finance creates cross-chain wrapped assets using Polkadot, Ethereum, and Binance Chain with substrate and Solidity, enabling multi-asset DeFi access and insurance for global assets.
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What is Knit Finance (KFT)?
Knit.Finance is the pioneering wrapped protocol designed to create cross-chain wrappers for leading multi-asset classes on Polkadot. Users can deposit assets into insured custody and mint wrapped K-Assets on any blockchain. This opens up DeFi opportunities for nearly $2 trillion worth of assets and alleviates congestion on Ethereum, facilitating DeFi ecosystem growth on other blockchains. All deposited assets are backed by real-world insurance, enabling large-scale deployment with minimal risk for both individuals and institutions. PROJECT OVERVIEW: WHAT IS KNIT FINANCE Knit.Finance is the world's first cross-chain wrapped protocol for multi-asset classes leveraging Polkadot’s ecosystem. Approximately 97% of crypto assets, totaling close to $2 trillion, lack access to DeFi features. Many...
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Knit Finance price live information
As of now, Knit Finance is trading at 0.002769 USD, with a 24-hour trading volume of approximately 59.82K USD. The KFT to USD price is updated in real time. Over the past 24 hours, Knit Finance has increased by 0.14%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 13.57K USD. Currently, there are 4 900 000 KFT in circulation out of a maximum supply of 100 000 000 KFT.
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