What Is Reef ( REEF )?

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Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.

Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”

Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.

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Introducing Reef Finance (REEF) on Binance Launchpool! Farm REEF By Staking BNB, BUSD & DOT Tokens

Fellow Binancians,
Binance is excited to announce the 11th projects on Binance Launchpool – Reef Finance (REEF). A multi-chain smart yield engine and liquidity aggregator powered by Polkadot.
Users will be able to stake their BNB, BUSD and DOT tokens into separate pools to farm REEF tokens over 30 days, with farming starting from 2020/12/23 0:00 AM (UTC).
Binance will then list REEF into the innovation zone at 2020/12/29 6:00 AM (UTC) and open trading with REEF/BTC and REEF/USDT trading pairs.

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