Reef partners with Elrond.

Reef Finance is collaborating with Elrond which is a very effective blockchain platform made for the new Internet economy. Elrond is a very secure, quick-running, and, flexible low transaction cost blockchain platform used for the development of DApps, enterprise use cases, and the new decentralized economy. Elrond uses innovative techniques such as Adaptive State Sharding and Secure Proof of Stake consensus to achieve a very huge improvement in throughput without a compromise on security.

Elrond's ecosystem already has 115+ startups and businesses which are working currently on integrating and building on the platform. Reef Finance is the world’s first cross-chain which gives those who invest in it the best opportunities in DeFi. Its smart liquidity aggregator in combination with an AI-powered personalized Yield Engine makes Reef the best way to get into DeFi for all its users.

Reef recently launched a new DeFi initiative that can aid users in staking $REEF and will also help them earn tokens from other DeFi projects. Initially, Reef made use of the Reef — Litentry Bond which has seen users lock up $4M+ worth of assets in few hours Reef finance continues to expand and part of the goals as they do this is to provide access to the best DeFi ecosystems for all it’s users. This will aid Reef users to access DeFi applications developed on Elrond directly through the Reef platform

Elrond too is currently working on launching Elrond DeFi 2.0 module which will help in connecting major DeFi marketplaces all over the world and call attention to the best developers to make good use of DeFi apps. This collaboration will also make Reef’s smart liquidity aggregator and yield engine available and accessible to the users and developers in Elrond’s DeFi ecosystem.

About Reef

Reef is the first cross-chain DeFi operating system built on Polkadot. With a seamless user interface, Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine

For more information about Reef, or to join the team, please contact [email protected]