Reef Finance: 58% |
Review Date: March 14th, 2021
Reef claims to be a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings. Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use. Reef has not released cross-chain trading, Yield engine or smart liquidity aggregator yet. Reef has basic liquidity bootstrapping for the Reef token. Github has not much public activity, the team is not the strongest in term of Github activity and code quality. The token is currently trading in Binance and Huobi.