Knit Finance partners with Dragonchain to integrate DRGN tokens in its Multichain Platform by Developing Wrapped K-DRGN tokens
Another great update!!!
Knit Finance gladly announces its collaboration with Dragonchain which is a firm and a great start-up platform that AIDS in the building of Scalable and flexible blockchain applications Knitfinance is a special decentralized protocol used to create cross-chain wrappers for the top-200 assets. Users are able to now deposit to insured custody and mint k tokens.
This collaboration will aid Dragonchain (DRGN) to integrate their token on Knit Finance’s multichain platform. This will allow the DRGN token to be transacted on diverse independent blockchains in a wrapped K-DRGN token.
Wrapped K-DRGN tokens for Cross-Chain Transactions
Dragon chain has a hybrid and flexible blockchain platform to aid businesses to gain rapid deployment of advanced applications and fuse in quantum-safe capabilities with existing systems. Its community acts as a decentralized validation, diversity, and notary service. This involves no Mining Knit Finance aids users in making maximum DeFi yields with multi-chain APY optimization. Knit users can take advantage of the collateral security using the insured custody to gain access to wrappers for their whole portfolio.KnitFinance allows for the k standard for tokens, which is a token wrapper for assets held in insured custody
This great collaboration by Knit Finance will integrate Dragonchain’s native token on its platform which is multi-chain. This will permit DRGN tokens to be transacted across multiple independent blockchains in a wrapped K-DRGN token model
About KnitFinance
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.
About Dragonchain
Dragonchain is a U.S.-based technology leader, offering Blockchain as a Service with security and scalability at the forefront of its operations. Dragonchain’s public/private hybrid blockchain platform combines high performance and ease of use, allowing enterprises to build and deploy blockchain solutions and smart contracts in a matter of minutes.
You can be updated on these projects
KnitFinance:
Telegram: https://t.me/KnitFinance
Twitter: https://twitter.com/knitfinance
Medium: https://knitfinance.medium.com
DragonChain :
Telegram: https://t.me/dragontalk
Twitter: https://twitter.com/dragonchaingang
