Reef Finance is a multi-chain smart yield engine & liquidity aggregator for any DeFi protocol to integrate with. It gives retail investors access to the DeFi landscape with a low technical entry barrier while at the same time augments the decision-making process based on users' risk levels.
REEF is the native utility token of Reef Finance with the following use cases:
- Governance: it is used to vote on different proposals such as releasing new features and re-adjusting certain parameters in the system;
- Protocol Fees: used to pay fees for operations such as entering/exiting an allocation basket, reallocation, rebalancing, and other activities;
- Staking: stake into various pools to earn interests with preferred APR;
- Yield Distribution: choose the payout ratio of the profit generated by the activities in your allocation basket.
The Reef blockchain explorer helps users to quickly search addresses and track specific Reef Chain data in real-time. This Blockchain Explorer has been designed to be as user-friendly as possible, and the whole experience is simplified to make it accessible for all. Through this explorer, Reef users can view the validity of each transaction using http://reefscan.com/.
Reef Finance was created to ease the navigation of users through different applications to perform tasks. The creation of Reef explorer is to further ease these difficulties so users can search and track data with ease.
Reef Finance’s target to improve DeFi and so far, their plans and works look promising. Not only do they make it easier for users to tap into other exchanges, but the platform also introduced AI technology to make it convenient for traders to manage their assets. The project may be young, but it has the tools users need to efficiently and profitably take control of their funds.
The Reef Finance community and social channels are as follows:
https://t.me/reefdefi
https://t.me/reefdefi_VN
https://t.me/reefannouncements
https://twitter.com/reefdefi
https://reefdefi.medium.com/