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KNIT Finance: Exploit the full potential of DeFi by bridging and






INTRODUCE:

Hello all of you. Welcome back to my blog. Today I would like to introduce to you about the project KNIT Finance. This is a unique decentralized protocol that combines cross-chain aggregation, Bridges and real world markets with interest, lending, trading and escrow services through smart contracts. This also allows for cross-chain liquidity aggregation in a fully verifiable 100% transparency. Community-led initiative.

Cryptocurrency trading has become an essential part of the great road of e-finance. This is where you can exchange fiat currency or currencies like US dollars or euros. These deals with buyers and sellers. There are basically two types of transactions; Combine transaction and transaction. Cross-transactions are listed, for example, affiliate affiliates

They often continue to work on the topic of communication for newbies who tend to cash in on their view of the easy-to-use and interactive interfaces in their operations. The task of the consolidation transaction is performed and categorized. Not at the smallest level, such as access to deals, decentralized accessories.

These are some of the most important ones on the market, as they are better protected. Authorized transactions still don't require any character representations, similarly, security issues like decentralized overhaul emerge. Do not hold money to customers and instead, specially connected clients, show that you do not need to emphasize the security of crypto transactions. For any client package, let's discuss using decentralized transactions in transactions, which reduces liquidity.

KNIT.Finance is the next generation of DeFi protocol that aims to connect multiple non-Ethereum chains to ERC20 in Phase 1. Any digital, lockable asset can be leveraged with KNIT. unlock billions of dollars and commercial access can be proof of censorship.

Anything that is decentralized should be available to anyone and everyone. But DeFi today mainly depends on ERC-20 tokens. The ERC-20 standard has proven to be suitable for decentralized lending, borrowing and productivity farming, etc. However, this excludes the participation of other assets of independent blockchains. These assets and their tools of support pose a major barrier to joining DeFi. KNIT.finance solved this problem in one failure.




Why choose KNIT.Finance?



Knit.Finance creates incredible opportunities for both altcoin and Ethereum DeFi. The protocol that integrates new assets into the Ethereum network is highly liquid and allows them to be plugged into existing profit-generating opportunities.


The Protocol That You Deserve
Are you a holder of a non-ERC-20 token? How many times have you felt the need to convert your holdings to an ERC-20 token to participate in DeFi? Being crypto enthusiasts and traders ourselves, it is one of the major roadblocks that we faced. We believe in hodling multiple crypto from multiple chains and not just one. We also believe in DeFi. But the two ideals seemed like they were never meant for each other. So, we came up with a unique decentralized protocol that helps us and the crypto community to enter DeFi without having to forsake our holdings — a multi-chain bridge to DeFi.





1. Each coin

For every coin seller, we offer an option to transact and leverage their money in the DeFi space. Coins (Example: LTC) that were previously outside of DeFi's scope will now have full access to all DeFi features.

2. Flexibility of the ERC-20 standard

The ERC-20 standard is known to be flexible, possessing the highest transferability and accessibility to the world's second largest blockchain network. Every coin now has an opportunity to take advantage of Ethereum's flexibility.

3. Global liquidity group

A global liquidity pool is being opened for Ethereum and vice versa.

4. World Property Reading

Stocks, gold, and fiat can be aggregated for trading on Decentralized Exchanges, essentially a decentralized asset decentralization, giving traders more power.

5. Community oriented

100% of the management of these tokens will be through the community.

6. DAPPs

DAPPs are now able to access tokens on other blockchains just by using their Ethereum nodes through the KNIT's aggregate token. They can also receive payment using these tokens.


Conclude :
The project thrives in 2021. This will be the great success of today's crypto market. With a team of experienced and potential investors, I am confident that KNIT Finance will reach further in the world. Please quickly accompany me to accompany this project.


For More Information about Knit Finance








#KNIT #KnitFinance #BTC #Blockchain #Cryptoqurrency

Author

Bitcointalk Username: balpointAE7

Telegram Username: @balpointAE7


ERC20 
0xa8E2d94bE1e320AEcea75b47Fe41FAc00D50473B

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