Brief introduction to Reef-finance

In the financial world where centralization rules, people tend to look for 'freedom' for their finances. Having a centralized body/authority as the case might be to dictate how money flows has done more harm than good as it tends to protect a group of people at the expense of others.

This was what brought about decentralized finance (DeFi), and it's adoption spread fast as it came in a time where people wants to be in control of their funds and to earn more. Leading to the creation of so many DeFi projects, and they are been adopted well.

But one major problem with these projects is a lack of interoperability. Interoperability is coined from 'inter' and 'operate', which in this term refers to the ability of a user to make use of DeFi projects (applications) at the same time.

To be able to get the best out of what DeFi offers, a user will have to interact with a good number of DeFi applications, which is a bit hard to do. This problem was identified by the creators of Reef Finance, and that was what brought the project.

Imagine an interface where a user can get to interact with his/her favorite DeFi applications with ease, that imagination is simply Reef Finance. For example, with Reef Finance a user can buy, trade, stake, loan and borrow a variety of assets all in one place.

Introducing Reef Finance:
Reef is a yield engine and smart liquidity aggregator that provides trading with access to liquidity from both CEXs (centralized exchanges) and DEXs (Decentralized exchanges).

Reef also offers smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine. Making life easy for its users.

In a more simple term: it is a liquidity aggregator and multi-chain smart yield engine created with Polkadot that allows the integration of any DeFi protocol.

To aid beginners in asset management, Reef-finance platform's system is driven by AI (Artificial Intelligence). Helping them to manage risk, customize their assets and also to help in the achievement of their financial objectives.

About $REEF token
REEF is the utility token on Reef-finance, it is used in the payment of fees within the Reef Finance ecosystem and can be used also for the governance of the system (voting).

The Reef token has 4 primary uses:

• Governance
• Protocol fees
• Staking
• Yield distribution

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Reef held a private sale in September 2020, sold at $0.0009 and $0.00125. $REEF started trading in December 2020 at the price of $0.02792.

Reef Finance keeps making strategic partnership with notable DeFi projects to make investments and loans easy for reef users.

Conclusion
Reef Finance is making DeFi adoption easy by its interoperability. Building on polkadot also shows how secured the platform and its cross-chain ability.

Decentralized Finance is the future and Reef is here to make it easy to
earn, invest and manage digital assets.

Check Reef-finance's road map

Connect to Reef Finance:
Twitter ¦¦ Telegram ¦¦ Website