Reef Finance, a smart liquidity aggregator and yield engine, today announced it is integrating with the Avalanche blockchain (AVAX), enabling users to access decentralized finance (DeFi) applications in the Avalanche ecosystem directly through Reef’s platform. All the 3 income streams are currently flowing in the Reef pool. This allows them to be part of the decision-making process taken to amend and update protocol parameters, among others. Recently we came through this new coin called Reef Coin that is going to save marine life and coral reefs. Today, there is growing institutional support for DeFi projects like Reef. This is also important as it powers the automated rebalancing function of the platform which moves liquidity between different pools. We currently have 3 income streams: Basket engine, protocol fees and interest paid by power users who borrow tokens from the Reef pool in order to increase their voting power. The Reef Engine uses the data coming from this function to manage assets and determine investing opportunities. Asia Crypto today promises to be a fair and objective portal, where readers can find the best information and recent cryptocurrency news. Here are some of the decisions that they could be called on to vote: The voting power of any stakers is also proportional to the amount of REEF that they have staked in smart contracts. As to the launching of the debit cards, Mancheski did not mention a specific time yet. The high costs, lack of efficiency, and demand of deliveries today enables Geeba to introduce a new approach to the industry by allowing the community to actively participate in the evolution through leverage blockchain. This way, they can incentivize people to hold more REEF tokens which they can also stake in return, and earn more interest from. About Reef. Stakers of the Reef liquidity pool are also given voting rights. Reef Statistics. In the meantime, please connect with us on social media. REEF token is expected to reach above $0.05USD in 2021. By reliably automating DeFi functions, users can find new opportunities to better earn profits and manage their digital assets. What has to be highlighted as well is the AI and machine learning-powered function that powers Reef’s automated services. The perfect Reef Reeffinance Crypto Animated GIF for your conversation. This makes the biggest exchanges like Binance, Huobi, or OKEx, accessible on Reef’s platform. Collator fees are also accrued during on-chain interactions, such as entering and exiting asset baskets. It has a circulating supply of 11 Billion REEF coins and a max supply of 15.9 Billion. Reef Finance is a cross-chain array of DeFi products and services. ChainLink (Link): What is ChainLink Token? Through Reef Finance, users can purchase, trade, stake, and even borrow digital assets, all under one single platform. Reef Finance addresses that. Reddit had an active user base of 430 million accounts as of Dec. 2019, per TechCrunch. This isn’t something easy for newcomers to the space. Reddit could decide to launch tokens across other active subreddits, or even offer a single token for the entire platform. Monero (XMR) recently announced that five new online stores and 45 celebrities will be accepting payments through a new initiative known as “Project Coral Reef.” Monero’s Project Coral Reef Project Coral Reef is the latest initiative on the platform which seeks to create awareness of the network and highlight its viability as a payment settlement system. We will get back to you as soon as possible. Network collators perform the task of maintaining the accuracy and reliability of their networks. With access to even centralized exchanges, users can enjoy greater liquidity. While there have been several projects in the space of decentralized finance (DeFi), the common difficulty that users face stems from the issue of interoperability. This way, theory can create profitable allocations through multiple asset baskets while keeping note of their risk levels. Hey guys, This is just a warning to the community about some shady things going on regarding REEF. Reef is a non-custodial platform, meaning users do not have to worry about their private keys as much. For this, they are rewarded with Reef tokens. DOGE sur la lune? Hide This. Reef.Finance reached its highest price on February 11, 2021, when it was trading at its all-time high of $ 0.054288. Recently there was a … What does China’s Two Sessions mean for Blockchain and DCEP? For beginners, there is also a crypto asset management function on the platform that is driven by AI. To address the issue of DeFi’s growing complexity, Macheski anchored Reef Finance in the mission of making it easy for anyone to enter the DeFi market and try out new projects and tokens. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. Guides Picking the best Cryptocurrency Exchange Getting Started with Cryptocurrency Security Measures ... Crypto Shops Other Reef Finance is traded on exchanges. This link is provided solely for informational purposes and is not an endorsement in any way. Blog. Les dirigeants de Ripple déposent une requête pour rejeter une poursuite de 1,3 milliard de dollars auprès de la SEC. It can be used as a medium of exchange, but some of its main functions in the platform include powering the reward structure for the protocol and its governance mechanism. The Reef Intelligence Engine is an off-chain oracle that provides data to proxy smart contracts in the platform. Reef is the very first cross-chain DeFi operating system that has been built on the Polkadot ecosystem. Reef DeFi OS is built on the Polkadot chain, offering a seamless user interface, along with a small liquidity aggregator and yield engine. Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. Furthermore, it corresponds with different risk categories that could meet a user’s financial objectives. We are fully compatible with Ethereum and the current DeFi ecosystem, but we believe in order to innovate and take the landscape to the next level, we have to take it cross-chain, and through Polkadot we are able to achieve that. Essentially, it makes Decentralized Finance much easier to … Terms | Privacy. It monitors different metrics, social media data, news, and on-chain data, to produce insights as well. Reef is 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. Share on Reddit Share on VKontakte Share by Mail This is our page for the Reef Token. 21 Bitcoin (BTC) is now worth over one million dollars, but which would you prefer to have? The Reef.Finance price is currently $ 0.036112 with a 24-hour trading volume of $ 202.71M across 15 exchanges. This service is customizable as well. The project is planning to roll out initial features on Avalanche in early Q1 2021. Social media site Reddit is partnering with the Ethereum Foundation to scale up its Community Points infrastructure.. Reddit Embraces Ethereum. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. For so long, many developers in the DeFi space sought to make their services understandable and responsive to the needs of the users. The Reef Engine uses the data coming from this function to manage assets and determine investing opportunities. Reef Finance's market cap is $429.64M. Chinese 24 year old Bitcoin Millionaire Wong Ching Kit Gives Onlookers... Changing asset basket structure, including fees and new proposals; Modifying reserve limits, as well as adjusting yield rewards and interest rates; Amending liquidity pool attributes like voting power time function and dynamic interest; Pay interest fees for those who stake REEF tokens; Buyback and automated market making functions; Accumulate revenue and support the platform’s cashflow. And if it becomes a successful platform, it could significantly boost the entry of newcomers to the DeFi space like we’ve never seen before. Reddit says that through the partnership, it “will be increasing [its] commitment to blockchain, accelerating scaling and resources for the Ethereum ecosystem, and bringing the value and independence of blockchain technology to millions of redditors.” Buying and trading cryptocurrencies should be considered a high-risk activity. Let’s see how it’s going to save! Reddit is looking for ways to use blockchain to expand its services, and ensure that people are able to freely express themselves. When the REEF token began trading in late December 2020 it opened at $0.02792, giving those early private investors a massive return. Discover and Share the best GIFs on Tenor. Simply put, it can be likened to a one-stop-shop where you can see some of the most popular DeFi offerings in a single platform. It has a circulating supply of 11,268,898,338 REEF coins and a max. It has a circulating supply of 3.97B REEF with a total supply of 20.00B REEF. We hope to be able to provide a review of Reef Token shortly, stay tuned. Active trading on finance has started with USDT and BTC pairing. About Reef: Your message has been sent. Reef tokens are also used as gas payments that are transferred to collators as fee for their services. A community for discussion of the history of & research on the now-defunct darknet markets Silk Road 1 & 2, and topics such as arrests of their users, Ross Ulbricht's legal case, the status of Blake Benthall, privacy etc. There is a lot of content regarding cryptocurrency on Reddit. Both Bitcoin and Ethereum have seen large retracements since their recent highs of $42,000 and $1,350, respectively. Reef Finance is known to provide Artificial Intelligence-based yield generators and has a competitive edge in CEX and DEX liquidity solutions. TenX, a crypto wallet and payment project, which raised $80 million in 2017, announced today it will discontinue its services and shut down.New sign-ups and deposits have been disabled, and the TenX team is telling users to withdraw their funds from their TenX wallet at their earliest convenience. This provides the traders with access to liquidity from centralized exchanges as well as decentralized exchanges for DeFi services like crypto lending, staking, mining, and borrowing via the Reef Yield Engine. For DeFi users to take advantage of various products that can meet their needs, they will have to interact with multiple independent applications. Swag.live: Ultimate guide to using crypto on Asia’s Hottest Adult Streaming... Chinese Bitcoin Billionaire Li Xiaolai Secretly recorded. It is also Polkadot-based, which means that it can run much faster than Ethereum. ... Facebook Twitter Reddit … Through smart contracts, Reef Finance aggregates the liquidity provided by the markets it is linked to. And because it is powered by Polkadot, it also enjoys top tier security that is resilient from attacks. I have inverts and coral as well. Reef being cross-chain gives us flexibility, which means we are able to shift our product and features based on where the users are and what the users want/need in the future. It also runs a yield engine that connects cryptocurrency buyers and sellers to different liquidity pools supplied by exchanges and the DeFi space. All content on this page is used for informational purposes only. I'm in the process of moving and really dont have a place to setup a hospital at the moment. REEF Token. They keep a copy of the full state of parachains at a particular point in time and produce new blocks that will form part of the whole Polkadot ledger. Reef Finance Daily Performance. The live Reef price today is . Reef.Finance is secured under Polkadot's shared security model, ensuring high resilience and forkless upgradable, a decentralized network governed entirely by Reef Token holders via DAO to achieve a transparent future: a future based on more truth and less trust. ... Crypto-monnaies. Reef price today is $0.03627560 USD, which is down by -5.1% over the last 24 hours. Dallas Mavericks boss Mark Cuban says Dogecoin will ‘definitely’ reach $1, Taco Bell’s NFT collection features Chainlink-themed crypto art, Data shows funding rates for Bitcoin are “warming up again”, What the new ‘Statemint’ proposal means for governance on Polkadot, Data shows Bitcoin is ‘replacing’ gold as a store of value, Markets wrap: Ethereum breaks $1,700; Bitcoin sees $51,000 resistance, Project Coral Reef Aims to Increase Monero Adoption, Exploring Polkadot’s blockchain of blockchains. Prices denoted in BTC, USD, EUR, CNY, RUR, GBP. They are used to: While all of these might sound too technical for any user, the platform abstracts these functions through the help of smart contracts that automate such processes. It has its own native Reef Token, which has already been listed on top crypto exchanges including, Binance and Huobi Global. $0.036613 USD with a 24-hour trading volume of $122,404,222 USD.. Reef is up 0.36% in the last 24 hours. Binance is the current most active market trading it. The value (or market capitalization) of all available Reef in U.S. dollars is $436.72 million. One Reef (REEF) is currently worth $0.04 on major cryptocurrency exchanges. Water Gap Reef Club. This engine allows anyone to have a stake in different asset baskets and earn yield rewards for doing so. Reef REEF price graph info 24 hours, 7 day, 1 month, 3 month, 6 month, 1 year. Reef Finance price today is $0.03841334 with a 24-hour trading volume of $122,585,150. Besides this, Polkadot’s parachain communication (XCMP) and bridging mechanism, combined with the possibility to run solidity code on parachains such as Plasm and Moonbeam, use native Ethereum addresses and huge ecosystem support (Web3, Parity) were the reasons why we chose to build on Polkadot. (REEF/BTC, REEF/USDT) REEF the first token to build on Polkadot. Reef Coin (REEF) – Saving coral reefs one block at a time Powered by Polkadot , it enables cross-chain integrations across various DeFi protocols. In the future, through voting, we plan to introduce Reef Treasury which will be the recipient of the income streams, and the DAO can further decide how to allocate the funds (eg: grants, buybacks, etc.). All rights reserved. It also allows them to automate DeFi services such as lending, borrowing, and mining. Please do your own diligence before making any investment decisions. Reef (Symbol: REEF) is a token of Reef.Finance. Bitcoin DeFi project Badger DAO diversifies its $21 million treasury, Mapping Ethereum’s DeFi eco-system projects on Polkadot, Ethereum 2.0 staking service launches token with $1.4b fully diluted valuation, Ethereum will become more scarce: why this ETH upgrade is a game-changer, This U.S. state could legally recognize Ethereum DAOs, Ripple boss appears on Axios calling SEC lawsuit “misguided”, This Chinese public company just bought $22 million in Ethereum (ETH), Radio Host Alex Jones loses laptop containing 10,000 Bitcoin. These saw roughly 4.2 billion REEF sold for an average cost of about $0.00095. In Reef, users can choose the payout ratio between ETH/USDC and REEF token. Reef Finance recently announced its intended partnership with Binance Access. Reef is the native, utility token for the Reef platform. The branding they have created is playful while remaining professional and, on their official channels, very consistent in style and message. Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. With Reef, users are provided with a smart liquidity aggregator coupled with an easy-to-use user interface. Reef (REEF) sur Twitter & Reddit. You can also exchange one Reef for 0.00000070 bitcoin(s) on major exchanges. Data aggregators include CoinMarketCap, Coinpaprika, TradingView, CryptoCompare and IntoTheBlock. You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website. Binance the world’s best cryptocurrency exchange has recently listed the REEF token. Reef simplifies yield farming, a complicated service but a potentially profitable asset management activity in DeFi. Post non-SR reviews, crypto or anonymity, or specific site questions to their respective subreddits. What is Avalanche (AVAX) and why is it up 125% this past week. Reef uses Polkadot technology, the atomic bridge, to aggregate the liquidity of linked decentralized exchanges on its ecosystem. Ripple (XRP) Guide: Everything You Need To Know About Ripple Protocol, Covergence Finance Will Launch IDO on Polkastarter, Huobi Global Appoints Vincent Lau as New Managing Director, MXC Exchange Adds Support for USDC on Solana Blockchain, Converge Finance Has Released Long-Awaited Litepaper, Cryptocurrency and Hollywood: 3 Times TV and Film Just Couldn’t Get…, Black Lives Matter’s (BLM) Lack of Support is a stain on…. For this reason, Reef is seen as an ambitious venture as it caters to everyone who wants a piece of DeFi, regardless of their experience and expertise. Reef is the native, utility token for the Reef platform. All images, branding and wording is copyright of Reef. © 2021 CryptoSlate. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. The REEF price is down -2.84% in the last 24 hours. A yield engine and a smart liquidity aggregator are among the project’s offerings. Basically, the likelihood of their money being stolen from the platform is quite low. Live Reef prices from all markets and Reef market Capitalization. All in all, the platform is still user-friendly as it is easy for anyone to get on-board and earn profit from their digital assets. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. There has been an hourly dip by -2.02%. Reef’s market cap currently sits at $408,786,000.00 USD, holding up for a market cap rank at #109. This article is a part of our crypto influencers section and we are going to cover crypto trading topics on Reddit and what subreddits are worth following to learn more about crypto trading and cryptocurrency investments.. According to Mancheski, their “job as a global development community is to abstract away complexities.” He further adds, “from a technical point of view, we’re moving towards being able to onboard a simple non-tech savvy user. Reef Finance bills itself as the first cross-chain DeFi operating system that runs on the Polkadot blockchain. Reef is a young, growing brand in the crypto space and one that I believe in. According to Reef, the importance of a reliable price feed to its cross-channel protocol cannot be over-emphasized. If they wish to get their reward in REEF tokens, they get better rates. It covers all events that help crypto traders make better decisions. REEF price is up 4.7% in the last 24 hours. Date: 2021-03-04 20:58. The current CoinMarketCap ranking is #108, with a live market cap of $412,586,165 USD. The company has shown interest in blockchain in the past when it planned on introducing its own cryptocurrency to reward its users for engaging with the platform in March of 2020 and later in August when it launched the Scaling Bake-Off competition. This way, theory can create profitable allocations through multiple asset baskets while keeping note of their risk levels. Check out our crypto charts and see when there is an opportunity to buy or sell Reef. In this article we present how you find Bitcoin and crypto information on Reddit by using subreddits. Basically, it gathers reliable data off-chain and feeds it to the smart contracts so they can function accurately. Users do not have much to worry about because they can access AI for this and configure its algorithms based on their needs and goals. Israelis Must Now Disclose Crypto Holdings: Report (Shutterstock) Tanzeel Akhtar. Elon Musk entreprend les tests de son vaisseau lunaire. Why Chainlink? Reef held a series of public of private sales in September 2020. The fragmentation and complexity of many DeFi platforms still hinder more adopters. There is awesome technology behind some of the coins. Now crypto currencies can save insects, wildlife animals and basically they are in a mission to save the world and the universe. Additionally, we inherit their security model, which means we get to be highly resilient, can do forkless upgrades while still being able to maintain stable on-chain governance. 24 hour REEF volume is $125.88M.It has a market cap rank of 117 with a circulating supply of 11,268,898,338 and max supply of 15,934,019,762. This is especially important in the crypto space due to its high volatility. 418 votes, 365 comments. Denko Mancheski, CEO of Reef Finance, conceptualized the project as a solution to the psychological barrier that dampens DeFi adoption. Build Thread Contributor. Stay up to date with the latest Reef price movements. So I have my dt that I noticed yesterday my sailfin had crypto today its definently worse. Polkadot is one of the most highly anticipated blockchain networks, forming a scalable ecosystem set to rival, or rather complement, the most established dApp platform, Ethereum. My clowns now have it as well. Not only does this ease user access to different DeFi-based products, but also simplifies the whole experience. Reef Finance (“Reef”) is a non-custodial multi-chain smart yield engine and liquidity aggregator. IntoTheBlock is an intelligence company that uses machine learning and statistical modeling to deliver actionable intelligence for crypto assets. Joined Jun 30, 2015 Messages 1,969 Reaction score 1,796 Location ... Crypto is only worth as mush as you believe its worth. Polkadot’s interoperability layer allows us to communicate with all the blockchains and still achieve high throughput. Statistics. About Reef Finance Coin. Geeba is a decentralized delivery ecosystem that enables businesses to operate deliveries with autonomous vehicles and smart hubs. What Is Reef (REEF)? Another function of the platform is that it allows users to stake in liquidity pools and earn yield rewards. Transactions that require collator fees include transaction processing, deployment of smart contracts, and submitting proposals, among others. While this has been a welcome development for the whole cryptocurrency ecosystem, this was a little bit counterproductive in attracting newcomers to the DeFi space. Work began on the project in the second half of 2020. According to Mancheski, the problem with many projects in the space is that they have multiple offerings that could be too overwhelming. Reef Finance had an all-time high of $0.049718 25 days ago. There is an ETH/USDC pair kept in smart contracts. The two subreddits trialing a crypto-based token total 2.3 million users. Today's Reef Finance price is $0.038126, which is up 4% over the last 24 hours. IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. CoinMarketCal is the leading economic calendar for reliable cryptocurrency news. In addition, it is much more affordable because it doesn’t have to suffer from the skyrocketing transaction fees in Ethereum, especially when considering the exuberance brought about ETH 2.0. The APY generated by the Reef pool comes from the income streams generated by the Reef’s ecosystem. None of the information you read on CryptoSlate should be taken as investment advice. Dec 27, 2020 at 4:51 p.m. UTC Updated Dec 28, 2020 at 2:11 p.m. UTC. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. To operate a secure and effective cross-chain protocol, the platform needs uninterrupted access to accurate and real-time price feeds. Chad Liu, the co-founder of Tidal Fiance, was thrilled with the strategic collaboration and pointed that it will take DeFi solutions to the next level. Reef is 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. Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric. Reef Finance is a project that aims to stack all of these commonly demanded services altogether. Besides the APY from the Reef Pool, the users will earn yields generated by the smart yield farming engine which gives them exposure to different DeFi activities and tokens from multiple ecosystems.
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