Magneticshr
  • Home
  • Privacy Policy
  • Contact Us
  • Sitemap
Magneticshr

Reef Token- Cross Chain Defi Built on Polkadot

  • Kane Dane
  • September 13, 2021

Polkadot is a new blockchain protocol that will allow for the creation of many different blockchains on top of it, which are called “child chains”. The project has been in development since 2016 and recently released their testnet.

The reef token burn is a cross chain Defi built on the Polkadot network. It is a decentralized exchange designed to be used by the Reef Token community.

The REEF coin was just launched on Binance, the world’s finest cryptocurrency exchange. With the USDT and BTC pairing, active trading on finance has begun. (REEF/USDT, REEF/BTC)

  • The first token to be built using Polkadot was REEF.
  • In 2023, the REEF coin is anticipated to be worth more than $0.05 USD.

Reef Information:

Trading using liquidity from both centralized and decentralized exchanges is made possible by a smart liquidity aggregator and yield engine. Polkadot is a multi-chain smart yield engine and liquidity aggregator.

Binance Exchange claims that

Pools that are backed up:

  • 360,000,000 REEF in prizes if you stake BNB (60 percent )
  • 180,000,000 REEF in incentives if you stake DOT (30 percent )
  • 60,000,000 REEF in prizes if you stake BUSD (10 percent )
  • Farming Period: December 23, 2023 at 0:00 a.m. (UTC) through January 21, 2023 at 11:59 p.m. (UTC).

Distribution of Agriculture

Timetables (0:00:00 to 23:59:59 UTC each day) Total Daily Bonuses Daily BNB Pool Rewards Daily BUSD Pool Rewards Daily DOT Pool Rewards
Dates: December 23, 2023 – December 28, 2023 REEF 50,000,000 REEF 30,000,000 REEF 5,000,000 REEF 15,000,000
2021/01/05 – 2023/12/29 REEF 15,000,000 REEF 9,000,000 REEF 1,500,000 REEF 4,500,000
– – – – – – – – – – – – – REEF 11,250,000 REEF 6,750,000 REEF 1,125,000 REEF 3,375,000

REEF Token News from Binance

By staking DOT, BUSD, and BNB, you may earn REEF tokens.

REEF in Action:

  • Governance
  • Fees for Protocols
  • Staking
  • Distribution by Yeild

You’ve been recommended

The reef coin news today is a cryptocurrency that has been built on the Polkadot network. The token was created to be used as a cross chain defi, and can also be used as an exchange medium for trading other cryptocurrencies.

Frequently Asked Questions

How much will Reef token be worth?

The current price of Reef token is $0.0014.

What is Reef DeFi?

Reef Defi is a competitive multiplayer first-person shooter, developed by the team at Reverge Labs.

For more, you can check out https://defiswap.io/.

Related Topics
  • Chain
  • Defi built
  • Polkadot
  • Reef Token
Kane Dane

Previous Article

Solana Enters Million-Dollar NFT Club By Sale of Degenerate Ape

  • Kane Dane
  • September 13, 2021
View Post
Next Article

Polkadog Has Launched Its Meme Platform for Crypto Users

  • Kane Dane
  • September 13, 2021
View Post
Featured
  • 1
    Centralized & Decentralized Crypto Exchanges – Pros and Cons
    • December 1, 2022
  • 2
    How to Buy Bitcoin with No or Low Fees?
    • August 26, 2022
  • 3
    8 Stock Market Basics Every New Trader Should know
    • July 27, 2022
  • 4
    Can Bitcoin Be Used to Pay for Goods and Services?
    • June 20, 2022
  • 5
    Standard ETFs vs Crypto ETFs in Singapore – Guide 2023
    • May 18, 2022
Must Read
  • 1
    Litecoin VS DASH Comparison Guide – Which is Better?
  • 2
    Coinbase vs. Binance Fees… A Game of Inches 🏈
  • 3
    Is Blockchain Better Than Bitcoin?
Magneticshr
  • Home
  • Privacy Policy
  • Contact Us
  • Sitemap

Input your search keywords and press Enter.