What is Reef Finance? Project overview and REEF token token

What is Reef Finance?

The more developed the decentralized financial system, the higher the need for liquidity and security in cryptocurrency transactions. Reef Finance is a liquidity aggregator that connects buyers and sellers of crypto assets with liquidity in centralized (CEX) and decentralized exchanges (DEX). 

In addition, Reef Finance facilitates borrowing, decentralized lending, and other features in the DeFi ecosystem through its AI-driven smart investment management engine to maximize profits. investment rate. Users can customize this tool to suit their respective investment goals as well as their level of risk and investment amount.

Reef Finance's Ecosystem

Reef Trading Terminal: Reef Finance uses Polkadot 's Atomic bridge function . This is a tool to help aggregate liquidity from linked decentralized exchanges (DEXs) on the Polkadot ecosystem. Reef Finance can also access centralized exchanges (CEX) to enhance user liquidity.

Reef Yield Engine: This is a smart portfolio management tool that allows users to use AI to optimize the management of crypto assets into baskets to find opportunities. profitable association in DeFi. Users can also customize algorithms based on how much they invest to meet their personal financial goals.

Reef Intelligence Engine: A real-world source of Oracle data for smart contracts. This tool will monitor relevant financial data in real time such as: asset prices, social media data, news, and on-chain data. This data is then used to manage assets and find opportunities. As a result, the AI ​​can generate asset allocation options into multiple portfolios that have a rate of return commensurate with their level of risk.

Investors

Currently, Reef Finance project has many large investment funds such as: Bitcoin.com, PNYX Ventures, TRG capital, Genesis Block, NGC...

What is Reef Finance?  Project overview and REEF token token

Development roadmap

Q3 2021: Completed including Javascript SDK, ReefSwap (DEX), ReefScan, Reef Python SDK, Reef Bridge (Klever), Remix and EVM binding. In testing including Mobile App init and finalizing NFT Baskets.

Q4 2021: Reef Extension, the Reef Finance interface kit has been completed and is in the testing phase. Project in progress: ReefPad, Steam NFTS [NERF], Reef Debit Card, Web Wallet/Dashboard, Binance Staking, Reef dApp store. Reef Finance is also improving the features of ReefScan, Remix, ReefSwap. Reef is planning a public validation process.

Q1 2022: Parachain KSM/Polkadot auction planning project.

What is Reef Finance?  Project overview and REEF token token

Features of Reef Finance

Liquidity Summary

When users buy or swap cryptocurrencies with a large trading volume on a low-liquidity exchange, the price of the asset being purchased may be pushed up. 

Reef Finance will use the Global Liquidity Aggregator to access liquidity from DEX, CEX and other sources into a global pool so that users can buy at the best price. 

Yield Farming is more optimal

Yield farming is a form of mining the yield of cryptocurrencies by lending cryptocurrencies through smart contracts. Those who want Yield farming will have to move their cryptocurrency between different lending markets to maximize profits. 

What is Reef Finance?  Project overview and REEF token token

Reef Finance makes Yield farming easier by providing a full range of DeFi ecosystem features: Staking, lending, borrowing, asset mining through personalized Reef Engine Yield AI-driven. 

Reef Engine Yield is an intelligent investment management tool that automatically recommends and balances investment portfolios. This tool is designed to make it possible for users to manage their portfolios manually or automatically. As a result, from retail investors to professional fund managers can participate in making profits from DeFi easily.

No observating

Reef Finance is a cross-chain DeFi platform that does not require users to provide private keys to access and use project features. In addition, Reef Finance is built on the blockchain of Polkadot, so users can feel secure when investing on this platform.

Token Reef Overview

General information

REEF is the currency of the Reef Finance ecosystem. It functions as a medium of exchange, to pay transaction fees, to power the governance mechanism, and to structure rewards. REEF token holders have the right to vote on issues related to project governance such as: Release new features, adjust specific parameters in the system.

What is Reef Finance?  Project overview and REEF token token

  • Token Name: Reef Finance
  • Symbol: REEF
  • Contract: 0xfe3e6a25e6b192a42a44ecddcd13796471735acf
  • Token Standard: BEP-20, ERC-20 
  • Total circulating supply: 16,112,552,172 REEF
  • The maximum total supply is: 20,000,000,000 REEF

REEF token allocation

Token REEF will be distributed as follows:

  • Private Sale: 5.6%
  • Binance Launchpool: 3%
  • Strategic Sales: 8.33%
  • Seed Sale: 7.14%
  • Team: 16% 
  • Foundation: 17.57%
  • Ecosystem: 12.4%
  • Protocol Emissions and Liquidity Rewards: 29.96%

Token sale price REEF

  • Seed Sale Token Price: 0.00070 USD/REEF
  • Strategic Sale Token Price: 0.00090 USD/REEF
  • Private Sale Price: 0.00125 USD/REEF
  • REEF Rate at the time of writing (December 2021): 0.0179 USD (Note: Rate is recorded at the time of writing, investors can update on CoinMarketCap or CoinGecko)

Token Reef Storage Wallet

Because REEF is a BEP-20 and ERC-20 token, you can store it in wallets like: MetaMask , Binace Chain Wallet , Atomic Wallet, Trust Wallet .

Should I invest in Reef Finance in the future?

Reef Finance has solved many problems of the decentralized financial system such as: The complexity of DeFi platforms or the fragmentation of liquidity that has caused many obstacles for users so far. 

In addition to making Reef Finance easier for investors to access DeFi services, this project also makes it much easier for them to manage digital assets through trading and management tools. Automated crypto asset management. Thanks to this, everyone has the opportunity to profit in the field of decentralized finance even if they do not have much experience and knowledge about blockchain. 

More and more investors are joining Reef Finance as they see the huge benefits Reef Finance can bring to the DeFi ecosystem. If Reef Finance can become a successful platform, then investments in the Reef Finance project will surely increase, and at the same time attract more new people to the project, which will increase the value of the REEF coin.

Thus, it can be seen from the benefits that the Reef Finance platform brings, that in the future the project has very high prospects. Besides being able to maximize profits from using Reef Finance's AI-driven smart yield miners, investors can also profit from the upside potential of the coin. REEF.

Conclude

It would be a pity if you do not know what Reef Finance is, Reef Finance can make your crypto investment process much simpler and more efficient. Reef Finance is considered by many investors as a very potential project. However, you should not be too dependent on investment tools, use it sensibly.



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