Reef Finance is a project about Defi on the Polkadot platform. Reef was born to overcome the problems faced by previous Defi projects. In particular, this is also the 11th project on Binance Launchpool.
So does the Reef Finance project have potential? Brothers, let’s go together GTA Research Find out right through the article below.
See more: https://goctienao.com/polkadot-la-gi/
What is Reef Finance?
Reef Finance is the first DeFi-based multi-chain project built in the Polkadot ecosystem.
Reef Finance project is known as a smart liquidity aggregator that will connect buyers and sellers of crypto assets with liquidity pools in exchanges (CEX, DEX) and DeFi ecosystem. . Additionally, Reef Finance simplifies crypto asset management through its AI-based trading engine. This helps to maximize the return on each type of risk.
Features of Reef Finance
The 2 main features of the Reef Finance project that make cryptocurrency trading smarter are:
- Trade assets through the Global Liquidity Aggregator, with access to liquidity from both CEX and decentralized DEX exchanges.
- Lending, Borrowing, Staking, Smart Mining through Reef Yield Engine driven by AI.
One very important thing, Reef does not ask users to provide a “private key”. Because Reef works on Polkadot’s shared security model. Ensures high resilience and fork-free upgradeability.
Reef Finance Highlights
- Global Liquidity Aggregator (Global Liquidity Aggregator): Reef acts as a Defi liquidity aggregator from CEX and DEX, liquidity pool and other sources into one Global pool. This allows the command line to enter a single point.
- Smart Yield Farming Aggregator (Smart Profit Aggregator): Reef helps create easy access for retail investors and fund managers around the world to participate in the world of DeFi.
- No observating:Reef allows users to store their own assets for ultimate security. Because the content on Reef will be controlled by the users themselves and will not be stored on the platform.
Roadmap – Project development roadmap
Team – Project development team
Investor – Investors
Reef Finance project received great attention from 23 investment funds in the market. These include large funds such as: LD Capital, Kenetic, NGC Ventures, Genesis Block, Bitcoin.com, etc.
Partner – Partners
Token Use Cases
REEF is the native currency on Reef Chain and is used in:
- Governance (administration): vote on various proposals such as releasing new features, adjusting specific parameters in the system.
- Network Fees (paid): Pay for operations such as: cart in/out, reallocation, rebalancing and other network operations.
- Staking: stake in different pools with priority APR for profit.
- Yield Distribution (profit distribution): Choose a payout percentage of the profit generated by the activities in your attribution.
Basic information about REEF token
- Token Name: Reef Finance Token
- Ticker: REEF
- Token Standard: ERC-20, BEP-20
- Contract: 0xfe3e6a25e6b192a42a44ecddcd13796471735acf
- Token type: Utility, Governance
- Total Supply: 20,000,000,000 REEF
- Circulating Supply: 15,970,000,000 REEF
Token Allocation – How to allocate tokens
REEF tokens will be distributed as follows:
- Private Sale : 5.6%
- Binance Launchpool : 3.00%
- Strategic Sales : 8.33%
- Seed Sale : 7.14%
- Team : 16%
- Foundation : 17.57%
- Ecosystem : 12.4%
- Protocol Emissions and Liquidity Rewards : 29.96%
- Token Name : REEF
- Private sale amount increased with: 1,400,000 USD
- Private sale token for: 0.00125 USD / REEF
- Private sale allocation with: 1,120,000,000 REEF
- The amount of selling strategy increased with: 1,500,000 USD
- Strategy token price is: 0.00090 USD / REEF
- Semi-strategic allocation with: 1,666,666,667 REEF
- Seed Sale Token Price is: 0.00070 USD / REEF
- Seed Sale Allocation with: 1,428,571,429 REEF
Current REEF token rate
Reef . token storage wallet
REEF is an ERC-20 token so you can store it on standard wallets like:
Where to buy and sell REEF tokens?
Currently, you can buy REEF tokens on major exchanges such as: Binance, Gate.io, Huobi, FTX, Bitfinex,… or Farm on Binance Launch Pool.
Reef Finance is a potential project. The project helps to solve problems faced by previous Defi platforms. With Reef Finance, DeFi is easier and more accessible to more people than ever before.
Here is all the information GTA Research Team researched the Reef Finance project and is not investment advice. Hope this article will help you get the necessary information and give your personal opinion about the project.
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