KFT-Knit FinanceDetailed Description

KFT-Knit Finance Detailed Description

Knit Finance is a wrapper protocol for creating cross-chain wrappers for multiple types of assets on multiple chains. Deposit into insurance escrow and mint parcel k assets on any chain the user wants. This opens up DeFi to the next trillion dollar asset while reducing congestion on Ethereum and helping DeFi take root on other chains. All deposited assets are real-world insurance, thus opening up space for individuals and institutions to deploy at scale with minimal risk.