What is Knit Finance?
Knit Finance is the first wrapped protocol for creating cross-chain wrappers for multi-class assets on multiple-chains. Deposit to insured custody and mint wrapped kAssets on any chain users want. This opens up DeFi for the next Trillion dollars of assets while reducing congestion on Ethereum and helping DeFi take root on other chains. All the assets deposited are real-world insured, hence opening scope for large-scale deployment at minimal risk for individuals and institutions.