Kinetic will bring its market-leading borrowing and lending services to the Flare Network, allowing liquidity providers to earn block rewards seamlessly.
The DeFi protocol will launch on the Flare testnet Coston2 to unlock liquidity, and unlike other platforms where rewards are sold instantly, Kinetic fosters liquidity provision through rewards.
The era of ecosystems is upon us, with the success of any project depending on how solid and robust its applications and community are. DeFi is a key driver to this success and for the Flare Network, this sector is getting a major push through a partnership with Kinetic.
Kinetic allows users to participate actively in the DeFi ecosystem through staking, borrowing, and providing liquidity. Supported by Rome Blockchain Labs (RBL), it enables users to activate both ERC20 and non-traditional assets and employ advanced financial strategies to generate yield.
All these benefits will now be available on the Flare Network. Commenting on the new partner

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