What is REEF and the problem it solves.

in zapata •  4 years ago 


WHAT IS REEF

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Reef is 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.

THE PROBLEM OF FRAGMENTATION

The Decentralized Finance landscape is fragmented into multiple disconnected ecosystems today, presenting a very high entry barrier to investors.
Reef Finance connects multiple DeFi ecosystems together & lowers the entry barrier to DeFi.

Investors looking to get into multiple #DeFi ecosystems have to:
1️⃣Maintain multiple #wallets
2️⃣Buy native #tokens from different #exchanges
3️⃣Make multiple transactions on various platforms crossing complicated #bridges
This can be very daunting, especially for first-timers

THE SOLUTION

✅Reef solves this through its multi-ecosystem #wallet, which will automatically take the user's assets through various blockchain #bridges
For example, a user who holds #Ethereum can wrap $ETH on the #Kava bridge & invest in #DeFi opportunities on @kava_labs very easily.

REEF'S BUIDL LAYER

⚒Reef has been developed on @Polkadot, and inherits its #interoperability & #security features
Reef chose #Polkadot to provide users access to as many DeFi ecosystems as possible.
In future, Reef will allow users to access all Polkadot #parachains that have DeFi activities

THE REEF MULTI-ECOSYSTEM #WALLET

  • Provides enhanced #security like hardware wallets
  • Completely #non_custodial in nature
  • Interacts with #smart_contracts from multiple blockchains effortlessly
  • Provides an extremely #intuitive and seamless user interface

ADVANTAGES OF BEING AN INVESTOR ON THE REEF'S PLATFORM.

❎You don’t have to create multiple #wallets
❎You don’t have to save multiple wallet addresses & keys
✅You can invest in multiple ecosystems through just 1 click
✅You can connect their #hardware wallet to Reef's multi-ecosystem wallet

BRIDING THE #DEFI BARRIERS

Reef aims to become the Easiest Way to get into #DeFi by providing users.
Access to multiple to DeFi ecosystems through a single platform.
To become an extremely easy point of entry to DeFi investment opportunities.


Join the Reef community on Telegram
https://t.me/reefdefi
Follow Reef on twitter
https://twitter.com/reefdefi


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