/biz/ - Business & Finance

I'm BALLS DEEP in REEF. Super Bullish.

There will be staking on a new platform called Unifarm on Wednesday. https://medium.com/reef-finance/presenting-reef-staking-on-unifarm-by-opendefi-with-upto-250-apy-1cdb7e26dbe2

In short, REEF is a Defi aggregator. It's being designed to abstract all the complex layers of Defi (multiple wallets, platforms, gas fees, technical complexity) into 1 easy to use platform. It's starting with ETH chain (the most active) but due to being built with DOT it will be able to work crosschain.

Basically it lets normies into the Defi space with a nice interface hiding a complex backend. Normie connects their wallet, decides how much they want to invest, and moves some sliders around. There, investing.

There's tons more in the platform, from AI driven investing recommendations, partnerships, risk assessment. REEF is the first mover in an INSANELY lucrative niche.

Nothing in crypto is guaranteed but if this can do half the shit they are discussing it will become a bluechip Defi product.

On the roadmap they are also planning to make a Reef DAO so token holders can vote on proposals and changes to Reef like in Aave and Uniswap.

No joke. I'm going balls deep in REEF. You missed AVAX, LINK, DOT, etc..? Load up on REEF before this explodes.