Reef is a DeFi platform built on Polkadot that aims to provide and facilitate trade between different blockchains. It is aimed at both newbies and current DeFi users who find it difficult to keep up with the best investment strategies. The project also wants to deal with high network fees on the Ethereum blockchain, which, according to some users, makes DeFi protocols expensive and complicated to use.

Reef was founded by Denko Mancheski. Its motivation was to remove technical barriers to entry for retail investors wishing to engage in DeFi - and to offer a simple decision-making process that takes into account the user's risk appetite. The project offers include a profit engine and intelligent liquidity aggregator.

Date of creationDecember 29, 2019
Network ConsensusNominated-Proof-of-Stake
Available resources15 934 019 762

Link to the project website:

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