KnitFinance Finance partners with Edgeware, to develop Wrapped kEDG tokens for its Multichain Platform.
KnitFinance 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.
Edgeware is a community-owned, fairly distributed, self-sustainable blockchain ecosystem built on Substrate with on-chain governance and a collectively managed treasury, enabling users to fund the chain’s development and teams to build projects.
Through this partnership, Native Edgeware tokens (EDG) will be integrated onto Knit Finance's multi-chain platform and wrapped kEDG tokens will be developed. These wrapped kEDG tokens can be transacted across multiple independent blockchains with ease.