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Reef
About Reef
Reef (REEF) is a blockchain-based platform streamlining DeFi access through a cross-chain liquidity aggregator and yield engine. Created by Denko Mancheski, it supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. REEF is the native utility token on Reef chain, used for transaction fees (gas), on-chain governance (NPoS and PoC), and collateral within the ecosystem. With a flexible supply, its deflationary fee burn model offsets governance and chain running costs. Users can stake REEF tokens to participate in governance and earn rewards. Reef chain is an advanced smart contracts blockchain, backwards-compatible with Ethereum EVM, featuring runtime upgradability, on-chain governance, and high throughput. ERC-20 REEF tokens can be converted to Reef chain native tokens via Gate.io exchange. Reef's goal is to simplify DeFi by offering a single location for lending, borrowing, staking, and trading.
Reef is a blockchain-based platform designed to simplify DeFi for users by offering a cross-chain liquidity aggregator and yield engine. It provides users with easy access to liquidity from various sources across multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot.
REEF is a utility token on the Reef network. It serves as the native currency on Reef chain and is used for transaction fees (gas) and on-chain governance (NPoS and PoC). The token offers both inflationary and deflationary mechanisms, with a flexible supply of REEF tokens. Users can stake their REEF tokens and participate in the governance process to earn rewards, and the token can be used as collateral within the Reef chain ecosystem.