Reef Finance (REEF)

Reef Finance, ticker REEF, is a reliable, extensible, efficient, fast blockchain designed specifically for DeFi, NFTs, and gaming. It integrates the best aspects of commonly used blockchains while maintaining full smart contract compatibility. Reef chain, the EVM-compatible blockchain for DeFi, is built with Substrate Framework and offers fast transaction speeds, scalability, low costs, and eliminates wasteful mining. It also features on-chain governance, allowing the community to participate in the validation and governance of the network.

Reef chain makes it easy for developers to port their existing applications from Ethereum to Reef chain without modifying their Solidity code. Liquidity bridges allow for the deployment of established ERC-20 assets on Reef and liquidity transfer between Ethereum and Reef chain. Staking with REEF tokens enables participants to bond their tokens and contribute to the validation and governance of the network.

Reef chain, focusing on upgradability and long-term sustainable on-chain governance. It utilizes Nominated Proof of Stake consensus and features on-chain upgradability, libp2p networking, state-of-the-art cryptography, and fee-burn mechanics to incentivize scalability. Joining the Reef ecosystem provides access to cutting-edge blockchain technology and the opportunity to participate in the validation and governance of the network.