Reef Finance (REEF)
From CryptoWiki
Basics
- Announced on:
- Mainnet release:
- Based in:
- Cross-chain DeFi operating system built on Polkadot.
- From this blog (23-11-2020):
"Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine."
History
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Polkadot
- Programming language used:
Transaction Details
How it works
Mining
Staking
Liquidity Mining
Layer Two
Different Implementations
Interoperability
Other Details
Privacy Method being used
Compliance
Oracle Method being used
Their Other Projects
DEX
Governance
DAO
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
Bugs/Hacks
Usage
Projects that use or built on it
Competition
Coin Distribution
Pros and Cons
Pros
Cons
- Showed inexperience and lack of professionalism during the Alameda OTC debacle (17-3-2021).
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
- Denko Mancheski; CEO
Funding
- Reef Finance; Alameda Research bought $20 million in REEF tokens according Reef (12-3-2021). Turned into a shit show in which both sides blamed each other (16-3-2021).
Partners
"The cooperation will bring Kava’s collateralized loans, USDX stablecoins, HARD Protocol and other highly attractive yield opportunities to Reef users."
- Works together with StaFi to let liquid stake tokens also earn yield.
- Partnered with Tron to "help build its DeFi ecosystem." (18-2-2021)
