Knit Finance and Nuls partnership give Nuls holders the ability to use their $NULS as a payment instrument in their marketplace and also have access to multiple chains via Knit Finance infrastructure.
A unique decentralized system unlocking the full Potential of DeFi using cross-chain synthetix and bridge, a protocol that combines synthetics across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts.
Knit Finance bridges multiple non-Ethereum chains with ERC20 in Phase 1. Any digital, lockable asset can be leveraged with KNIT.Finance by generating equivalent synthetix tokens in a 1:1 ratio, hence unlocking billions of dollars and trade access which can be censor proof.
NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability, and instant chain-building, NULS sets a new industry standard in streamlining blockchain adoption.
The microservice-layer design of NULS makes it easy for developers to quickly create modules for anything. NULS provides fluid, cost-effective, time-saving solutions for developers with minimum blockchain experience.
The Partnership Entails
- Knit Finance gives $NULS holders the ability to use the token as a payment instrument in their marketplace.
- Nuls will use KnitFinance’s multi-chain solution for getting NULS tokens on multiple chains.
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