The Knit Finance team recently reported their essential association with OpenDeFi by OroPocket. This launch was scheduled for the next version of the product.
Oropocket is 100% asset-backed banking without the insidious, hidden charges and time-consuming tedium that come with traditional banks. The advantage of OroPocket comes with its security due to 1:1 assets held physically in Military-grade vaults, 100% insurance, 24/7 support and full transparency to users.
With this partnership, Knit Finance will enable offerings of OpenDeFi on multiple chains with KnitFinance multi chain solutions. This partnership will enable deeper penetration of OpenDeFi in Binance smart chain and polkadot ecosystem soon and multiple chains later supported by KnitFinance later builds.