Mancheski has stated that at Reef their. Reef Finance (“Reef”) is a non-custodial multi-chain smart yield engine and liquidity aggregator. Then the DAO can vote on the best way to use these funds, whether that be buybacks, grants, or something else entirely. Il prezzo odierno di The live . With Reef, users are provided with a smart liquidity aggregator coupled with an easy-to-use user interface. The Reef.Finance price is currently $ 0.041983 with a 24-hour trading volume of $ 241.07M across 15 exchanges. It doesn’t matter how the new tech is presented from a value standpoint when much of it is too complex for the average user to ingest. Image via Reef blog. Statistics. The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana. This allows users to hedge against the downsides of the two different sources, which include high slippage and high trading fees. Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. Reef made the choice to deploy on Polkadot as a way to benefit the user base in terms of speed and transaction costs. LinkedIn. Image via Reef.finance, Denko Mancheski, CEO and co-founder of Reef Finance, envisioned a solution to the psychological barriers that have held back adoption of DeFi products. Denko Mancheski – the brains behind Reef Finance. Both the team and CEO have been incredibly vague about why those 500 million REEF were minted and where they came from. According to Mancheski, the problem with many projects in the space is that they have multiple offerings that could be too overwhelming. Image via Reef.finance. Reef Finance is a platform that makes it possible to do different kinds of DeFi activities in one place only – without users having to switch apps or changing places to access the services. The AI also monitors every online source of information that could be pertinent to the Reef Finance services. Powered by Polkadot , it enables cross-chain integrations across various DeFi protocols. This is why so many projects struggle with adoption. 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. It also helps to power the interoperability needed by Reef. Polkadot doesn’t have the issues common with Ethereum and it never will. Hey guys, This is just a warning to the community about some shady things going on regarding REEF. 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. The collaboration with Binance brings a host of benefits to Reef Finance. With REFF, which is a governance token for the platform, investors can have a say in important decisions such as the release of new features in the project and the adjustment of some parameters in the system. REEF price is up 3.0% in the last 24 hours. In addition to earning yield from the Reef pool, users can also generate yield through the use of the smart yield farming engine that gives exposure to a variety of DeFi activities and tokens from all the ecosystems included on the Reef Finance platform. With Reef Finance it becomes possible to buy, trade, stake, loan and borrow a variety of assets in one platform. It also allows them to automate DeFi services such as lending, borrowing, and mining. BSC seeks to create an ecosystem where validators, token holders, developers, and users benefit from a blockchain platform that offers high performance and opportunities for further innovations.