/biz/ - Business & Finance

>>27864847
Story is way to long, what does it do?

yesss i love these threads, thank you based autist. can you disclose if you hold REEF yourself or might that taint the impartiality of your analysis

>>27864903
There's this wonderful formatting tool called bullet points, maybe you should read them.

my reefy stays green and beefy

this will be interesting, thanks op

>>27864903
Shhh let the man work

>>27864903
Liquidity aggregator/exchange that interacts across all chains and somehow handles all the gas fees and stuff on the back end, making users don’t have to worry about obscene gas fees. Seems like it’ll do other stuff like staking and farming too. I think it’s a solid project if they can actually deliver all this

>>27864847
I'd be very interested in a 'history of the team' thread -- considering the significant ambition of the project it'd be worthwhile pouring over their previous work

>>27864847
So this (https://medium.com/reef-finance/presenting-reef-staking-on-unifarm-by-opendefi-with-upto-250-apy-1cdb7e26dbe2)) is the article for staking. As far as I know there was no indication of Binance staking and until they release their product on polkadot there is no native staking.

Since nobody replied to me here (>>27691877) about staking I'm going to test this for myself. You can follow along at home.

I've withdrew what I aped into this project (here you go >>27864967) to 0xC58F8DAB21a566aCb989CE7aD1Bb00A8191b54A4 with txid 0x7d110ce186e260ebc14f1eb2ea833da52ee993b208c538b43053ed4071357f37

This cost 465 Reef (~$14).

Anyone have an idea what the price of REEF will be in a few months ?

>>27864847
I'm in for the read OP, thread was great last time

>>27864903
Nothing

>>27865567
probably a million bucks idk. seems like an imprecise question for such a high IQ thread

>>27865567
Higher

>>27865543
What does this indicate then?

>>27865543
How much is gas to stake on unifarm?

Bumping for autistic Dr Manhattan

>>27865782
I think it means they have to complete testing before releasing it.

>>27864847
i read the terms for that comp and not sure i fully understand
I currently have over 50k reef, so if i just sell it all and buy it back will that count as trading volume and make me eligible?

>>27865567
I just love when low IQ stinky pajeets stink up threads with their low IQ questions.

"hey guys my money go green soon? money go up? i like money when goes up!"

fuck off you stinky nigger

Well that failed (pic related). I guess I should have read my thread more carefully as >>27709931 mentions this. That answers your question
>>27865984.

I guess it's time for me to get telegram and ask around what's going on. Sorry folks but this thread'll probably not be that intersting for a while.

While you're wasting I'm also going to highlight this comment >>27710415 and its reply >>27711687.

Well that was a waste of reef and my time. Let me just transfer my funds back before looking at the other points.

>>27867209
>Ajay Ramu
it's over...

>>27867209
So now that I've wasted my time and money let's take a look at their roadmap (https://www.notion.so/45181a0374144559b2a97962c1011725?v=fbfd03422dad4a8d98f9b3a8e7cd32ae).).

I've also included what's on their website. Of interest is "Binance Gateway Integration" which we can assume to be their liquidity CeX of choice.

Next let's go over the roadmap and identify which parts of the whitepaper has been marked as done.

>>27868273
>Next let's go over the roadmap and identify which parts of the whitepaper has been marked as done.
based

>>27868273
Pajeet scammers HATE this man

fuck off pajeet fudr's, I'm not selling you my stack.

bumping to preserve thread while professor is researching

>>27868273
https://www.notion.so/45181a0374144559b2a97962c1011725?v=fbfd03422dad4a8d98f9b3a8e7cd32ae

> Analytics Engine DeFi modules
I have no idea what this is talking about, but this was pre ~wh~litepaper

> DeFi Classification Indexer
This would come under 2.2 Augmented Decision Making/2.3 Smart Asset Management. From the wording in the litepaper this is most likely some form of 2.3.2 Factor Analysis. It would be expected this is part of the offchain AI/ML oracle.

> Basket Engine Prototype
Baskets are mentioned across the whitepaper, but given the context this may also refer to the Reef Intelligence Engine AI/Ml solution as mentioned in 2.2.1 and beyond.

> Reef Architecture Design (v1)
Seems to refer to figure 2 in the litepaper (image if you're lazy here >>27695556) of the dot token flow.

> Ethereum DeFi protocols integration
Seems to refer to their "demo and initial implementation".

Denko speaks is ok on interviews and seems to have a cool understanding of crypto in general and believes in what he is doing.
He at least has a programming background because I saw a user by his name answering some questions about Angular/Ionic on stackoverflow. Also, he mentioned something about NP complexity in some interview, so he seems to have a C.S background.

That being said, he does look like that smart kid from school. I hope it goes well, but being a dev myself, I've seen how shitty most of the devs perform when put in management positions.

As someone who just fucked himself swinging today i can tell you Reef is steadily but slowly moving up don't sell

oh look its dropping.

>>27870685
Not really. It's swinging from 0.028 to 0.03 the whole day.
There was some hype with the staking, but it was shit. Now, there's nothing. It'll probably crab the whole Q1 and if nothing is delivered it's done.
Most shit on Q1 roadmap is still WIP...

>>27871161
This it's the most reliable swing I've seen in a while. Get more reefies for free be patient.

>>27869898
> Fundraising
Details can be found here (https://research.binance.com/en/projects/reef-finance)) and investors on their site. Well go into this on the next post since I'd like to attach more images.

> Initial Marketing Activities
Well have a look at their medium, twitter and telegram later.

> Reef Aggregation Layer
This probably is the start of 2.1 Global Liquidity Aggregator.

> Ethereum DeFi protocol integrations (v2)
Without details it difficult to say what's been done here but an educated guess is that this is plumbing to use other DeXs as liquidy. We can get an idea of what's required and the work needed by looking at 1inch's contract (https://github.com/1inch-exchange/1inchProtocol/tree/master/contracts/interface))
By taking a rough estimate the contracts/interface folder saw its first commit on 14 Dec 19 and it's last on 11 Aug 20 - 7 months. In this time they produced 16 integrations, a rate of just over 2 integrations a month.
This is an oversimplification but assuming a similar rate we should expect the demo to have a similar number of DeX liquidy sources. In theory that's not that important for liquidity as locked $ in DeXs also seem to follow Zipf's law - the top 5 DeXs on defipulse.com add up to 84.4% of the total liquidity.

> Analytics Engine Indexers (v2)
More AI/ML magic, not much to comment.

>>27864847
Fucking bullshit competition, I bought 23k Reef the day before this comp started.

>>27871712
Before covering the rest of the roadmap let's take a tangent and a closer look at the fundraising and pre product tokenomics.

As I calculated last thread >>27685719
4.2E9 sold raising 3.9 billion USD is approximately $0.00093 average.

At 0.03 that's a x34 return on investment.

Bump again for the boss

>>27872346
Go on my man. Very good research,

I'm a complete newfag and bought into this because of the shilling. Still up because I got in at 0.018.

I got suspicious because of my development background. I'm not really into crypto, but what they are trying to achieve seems huge. Video of the demo which some people praised... we prototype shit like that in 2 days, it doesn't mean it's funcional.

>>27872346
So what does that mean for the ratio of tokens owned today? I've made a pie chart (attached img).

Assuming tokens in Team, Ecosystem Development and Foundation haven't been touched and the Protocol Emissions & Liquidity Rewards have been distributed, that still puts about half of all circulating reef from the private sale. Once again:

> 50% of the circulating reef came from the private sales.
> 50% of the circulating reef came from the private sales.
> 50% of the circulating reef came from the private sales.

>>27873733
So whales are dumping on folks?

How much to make it?

>>27873733
I'm a brainlet, What does that mean?

>>27873733
Why do you think it already dumped so hard when it hit binance

>>27873733
Is this bearish?

>>27873733
go on

it dropped wtf

>>27864847
appreciate your effort my man, go on

>>27866282
unquestionably based and brainpilled

>>27875335
everything dropped, because bitcoin pumped. This isn't unique to REEF at all

>>27875562
I know you think you're helping but these are horrible pictures

>>27875562
Ok, I am convinced. Just watched Harry Potter the other day.

>>27873733
I havent sleep well for two days my brain doesnt work and dont get a shite from this thread bu go on my man.

>>27873733
I've done the same for March in the attached image. As you can see it is planned for 17.5% of the total supply is released every month, and only in Dec 2021 will the circulating market cap be fully diluted by what was sold.

>>27876828
To put this into perspective for ever 1 Reef you own this month it'll be equivalent to 0.825 Reef the next month (in proportion to available market cap). This may raise some eyebrows! In comparison, we can see the Uni release schedule (https://uniswap.org/blog/uni/)) has a much greater skew toward distributing it to the community. I'm not an expert here, so I can't comment on other projects.

>>27873823
>>27874121
>>27874507
>>27876783
Who knows? The supply doesn't add up but as an investor wouldn't you be tempted to sell your tokens at a x30 return?

>>27876963
All of this once again calls into question the accuracy of Binance's site or how the max supply actually works and what we own?

Adding the total supply * decimals across ETH and BNB and dividing by the Max Supply we have:

(2418726080.291136076461516550+330229406)/20000000000=13.7%, far below the supposed 22% that should be in circulation. This is somewhat suspicious, if anyone in this thread is willing to help out maybe they can ask what's up with this on the reef telegram?

In the meantime I'm going to continue with the roadmap.

>>27876828
I'm thinking you're wasting your time, how do you know which parts of the pie moved month by month are you their CFO? Also into the future? 17% released? You might need to get some rest this is making 0 sense

someone give me a rundown, are we still bullish or naw?

Ignore the low iq pajeets op, keep doing this work I am reading your report

Reef or Asko for all in shitcoin?

STOP DUMPING PLEASE I BEG OF YOU

>>27877743
Not Asko man, it smells like coordinated TG shilling, you might get rugged

>>27877810
buy the dips nigga

>>27877408
I am comfy

Nice thread, OP. Good job on the research.

There's only one thing that bugs me: there's no information that I can find on the team or the current state of development. Just a roadmap with a very aggressive schedule. Have you found any information on the team or the current state of development? I have only seen the founder mentioned, Denko Mancheski. I don't see any details on a github repository or any developers listed. It looks like so far this is just a token and there hasn't been any actual code written. Big red flag for me.

>>27877178
Everything you've written has given me a ton of FUD. But everything I've seen of Denkos interviews has made me bullish. Makes me worried. I really like the project since anything that makes Defi easier is good but I'm not to sure where to sit here.

Then again FUD made me miss btc at 50, Eth at 20 and link at 2.

I think i'll hold for a while and see where it ends up. but i'll keep an eye on this project.

>>27864847
enjoyed your thread last time.
sold out of reef today.

>>27877743
If I was to all in a shitcoin (I wouldn't).
It would be REEF or GRT, or even ADA/BNB if you want to be a bit safer but have room to grow

>>27878095
His writing is designed to make you do this >>27878103
And it's fully unsubstantiated, claims 17.5% to be released every month is a laughable statement, the supply has remained steady for months
Anyway sell away, we need people that have looked at the actual project and not basing their entire position on some flaky excels from a random fudder

The whale dumping will never end, they are in 50x profit since presale

>>27878186
I have 700 grt. By all in for me at this point would be about $600. Would like to live the dream of riding a 0.01 shitcoin to .30 some day even if it's not retirement money. The two being shilled here right now that look the best to me are asko and reef, but I probably need to make up my mind quick.

>>27864847
Using buzzwords like AI and ML is a huge red flag to me.

>>27878349
I'm sure some of them would like to dump at 500x. So it may let up a little eventually.

I'm in for 50%, DCAing until 500k or .10

I will enjoy your FOMO tears when staking/farming comes out and we 3x in a week.

>>27871712
> Security Audit
Here is the medium article (https://reefdefi.medium.com/halborn-announces-reef-finance-security-audit-f6b826f4d313)) which links the specific audit (https://github.com/HalbornSecurity/PublicReports/blob/master/Solidity%20Smart%20Contract%20Audits/Reef_Finance_SmartContract_Halborn_Report_V1_1.pdf).). This is the most we've seen on the smart contract side as their github repos are private (https://github.com/reef-defi).).

The most revealing are the files names of the contracts at the time:

> * ReefBalancer.sol
> * ReefBasket.sol
> * ReefLiquidityBond.sol
> * ReefMooniswapV1.sol
> * ReefToken.sol
> * ReefUniswap.sol
> * ReefVaultsBasket.sol

> * ReefFarming.sol
> * ReefStaking.sol

We can also see the token contract on etherscan (https://etherscan.io/address/0xfe3e6a25e6b192a42a44ecddcd13796471735acf#code)) and bscscan (https://bscscan.com/address/0xf21768ccbc73ea5b6fd3c687208a7c2def2d966e#code).).

The audit provides links to the private repo, and we get to see some snippets of code. Looking at the suggestions what's been found looks like it came from an automated tool, and the lack of timeframe for assessment (which the company provides in other audits) does not give me the greatest of confidence.

Here we can guess a list of DeX integrations: Balancer, MooniswapV1 and Uniswap. Compared to my estimation using 1inch (>>27871712), this is somewhat disappointing. Ethereum DeFi protocols integrations (v1) Q2 2020 + Ethereum DeFi protocols integrations (v2) Q3 2020 is roughly 6 months. Having only 3 integrations compared to 16 puts into question the scope of the project (will it take this long to add a new DeX going foward?) or the experience of the team.

>>27878604
When is staking coming to Binance?

>>27864847
When can I order my Reef Visa card?

>>27878704
This is some seriously biased shit, are they paying you at least?

>>27878332
my decision to sell had nothing to do with this guy.
>months
you realize this is a new coin, right?

>>27878732

Q1, see >>27865782

I'm not buying fud about it not being staking until Denko says otherwise.

>>27877178
Some nig just asked in telegram about this

>>27879248
they blew him off and just gave him the research page from binance on reef saying please check all details here

not a fan of that desu

>>27878363
now is the time to buy any shitcoin because of this dump. The dump was most likely from stop-limits in sats on shitcoins, and btc pumped suddenly and set a chain reaction.

Look into FTM too, this has a lot of potential to 100x or more.

Hopefully.

I bought $700 of shit myself, and 50% of that was REEF

>>27878934
I sent a stamped, self-addressed envelope to Denko asking for one, and it arrived yesterday

>>27876963
>The supply doesn't add up but as an investor wouldn't you be tempted to sell your tokens at a x30 return?
Im not that straight forward + I've put 3/4 of my money into REEF because I DMOR and I have a huge confidence, so I'd sell 20% when it hits x3 from now, then another 20% when it hit X10 from now, and hold the rest 60% as long as possible, up to x30 if it hits and prolly longer

>>27879104
>enjoyed your thread last time. sold out of reef today.
>my decision to sell had nothing to do with this guy.
>months. you realize this is a new coin, right?
December, January, February yes months plural, steady max supply, no 17.5% release as stated
Can you even count?
Bullshit fud excel busywork

>>27877309
I'm sourcing that information from Binance research (https://research.binance.com/en/projects/reef-finance)), which is directly linked by Denko here (https://github.com/MetaMask/contract-metadata/pull/700))

>>27878036
That's something I'm finding too. I'm guessing their telegram group is the best place to ask. I have to say their Medium articles are also pretty much fluff as well. With respect to code they've had an audit >>27878704 from a company that's done audits for APY and Bancor so it's at least not vapourware. Have you found any Ethereum contract experience from any of the developers?

Perhaps someone would be willing to look through their linkedin (https://www.linkedin.com/organization-guest/company/reef-defi)?

>>27878095
It's quite risky especially since there's no saying if or when BTC's going to take a large correction - there's no way the REEFBTC ratio is going to recover if that happens. By the time the demo launches who knows what the DeFi landscape will be? This is the risk you take for investing in something this early, it might even take the next market cycle before we see a further x10.

>>27878332
I think you've got the wrong idea, the circulating supply of this month increases by 17.5% (Feb Circulating * 1.175 = March Circulating). Out of the total supply that's only 4%. You can run the numbers from (https://research.binance.com/en/projects/reef-finance)) yourself.

>>27878420
I'm once again highlighting this comment on the first thread >>27711687
It's a bit of a red flag but what they're proposing isn't magic either.

>>27879248
Thank you for letting me know anon. I really dislike telegram because the information is so transient. I really wish their website, roadmap or medium articles had more substance instead.

>>27879984
yw professor and thank you for the information

>>27879984
Feb circulating supply 3,026,721,973
By what you're saying (x+x*.175)
Mar circulating supply 3,556,398,318

What you're also saying is that Jan circulating supply (x/1.175) meaning
Jan circulating supply 2,575,933,594
Which is not true

This is excel busywork fud, nothing you say is true and sounds complicated enough to scare newcomers

>>27879984
I think I saw on their telegram that they're planning to go public with their github. Reef's biggest problem is that they're coming to the market late and the first one who discovered them were moonbois during this manic phase.

>>27880899
wrong, I first saw REEF posted at 1.5c but not shilled like SHIBA/DOGE/BAO
I'm up 50% and would rather a slow growth (already up 50%) than 100% in one day that's obviously a rugpull

>>27880899
Also, check the global BTC dominance chart compared to 2017, this alt season is just getting started

I went all in on this shitcoin, are you guys telling me I got scammed again?

Replying here since no other Reef threads. We will meet at the valley of dump and with the right choices, we will see the champions who reach the peak.

>>27881704
No, don't worry... give it time anon

>>27881158
I just cashed out of everything cuz I'm not sure if it's going to crash.

>>27864847
thanks buddy that was a nice breakdown. I like this product and I like denzo or whatever his name is. keep up the good work :)

>>27881704
nah, but don't go all in on anything

>>27881095
This. Bought around .018 and I’m very happy. Will buy every dip

honestly think we're going to hit .1 soon bros, hang tight

60% of all released tokens will go to token holders directly (liquidity, staking) or indirectly (partnerships, lending, yields) which breaks down as follows

Ecosystem Development 12.40% of the total token supply
Protocol Emissions & Liquidity Rewards 29.96% of the total token supply
Foundation 17.57% of the total token supply

Gtfo here with the single reef thread being about full force unsubstantiated fud Dr Phd in bull shit

>>27880829
Thank you for calling me out on that, but where did you get your number for the Feb and March circulating supply? I've double-checked my %s and I haven't made a mistake copying them.

You correctly note that:
21.87% (Feb %) * 1.175 =/= 26.51% (Mar %), in fact the correct value should be (26.51%/21.87%=1.21).

For my claim that 1 Reef in Feb is 0.82 Reef in Mar I simply calculate (21.87%/26.51%).

I think your mistake is that the increase in circulating supply is different month from month. I didn't really pay attention to this but it should be obvious given the shape of the graph.

For Jan I get 19.83% which is 3966000000 Reef. Jan to Feb is therefore only a 10.29% gain.

Reef is the new holochain lol

>>27882891
is this a bad thing?

>>27879644
Hmm, not great. I'll pop in and ask myself at some point. I hope everyone understands that the issue is with all of my working out, so you can follow along:

<nevermind, here's a pastebin and image since I can't figure out which part 4chan thinks is spam>

https://pastebin.com/4waFnVhp

>>27882790
You know what, the price is too high for my next reinforcement this month so I hope your turbo fud succeeds in lowering my entry point I shouldn't have intervened, here I'll join you

Sirs pleese feed the vilege do the needful plis

The numbers don't lie you guys I checked the math and this is going to -2 evacuate now while you can, wow this guy is so well researched good work professor, glad I finally sold

>>27864903
Connects DEXs and CEXs in one for you, along with some other nifty features to automate trading.

>>27882262
>Will buy every dip
not sure it dips lower 0.025 at this point. plato on 0.03 bouncing up and down for a 4-5 days and then up to 0.035 again. the coin is crabbing. and this is probably for the good

>>27866282
haha
>>27883475
>>27883475
only retards will sell before the launch be cool

>>27882734
I think it's disappointing that you think this is FUD just because there's evidence to suggest short term speculative price could possibly be influenced by the release of tokens sold to investors much below market value. The %s are plain to see, and I think I posted the same pic included in my last thread. I even disregarded them in my initial calculation on CIRCULATING SUPPLY.

>>27873733
>Assuming tokens in Team, Ecosystem Development and Foundation haven't been touched and the Protocol Emissions & Liquidity Rewards have been distributed, that still puts about half of all *CIRCULATING* reef from the private sale.

(3+1.71)/(3+1.71+1.43+2.08+1.68)=47.58

That's assuming the protocol emission and liquidity reward has been distributed (which I see no evidence of). Note this is reduced to 35.83% in March. I don't think it's unreasonable to keep have these numbers in mind as there's little distribution until the demo is released.

We're talking short term price speculation here, what's really the point of purchasing Reef if its price is going to go down in the short term when you could have made gains on BTC or even ETH and brought more Reef?


> Ecosystem Development 12.40%
> Foundation 17.57%

It's not at all clear to me what kind of distribution we'll see on these. You'd expect from the DOT diagram that one of these should be sustained via payments, but there's currently (perhaps rightfully) no information about the tokenomimcs on the DOT parachain.

>>27883475
Look, this aint FUD, I'm spitting straight facts. The truth is there's very little to go on and until we see the demo you're speculating on the fundamentals. If you thought they were good then what's the problem?

Most based thread on a coin thats not just mindless shilling.

Opposing views are healthy

>AI, Machine Learning and Financial Theory to automatically select which yield farm and balance
Ask me how I know this is a scam

>>27884727
I concur the evidence proves they are GUILTY! Zero money for my village 90% they share among themselves just like wall street, there will be nothing left for the community, certainly not for validator nodes, we're doomed

>>27884727
Only by buying bitcoin and ethereum at an all time high will you be able to make huge returns to afford a girl like this, you'll even be able to buy more reef with your btc after it quadruples its all time high, certainly not by a promising low cap project that hasn't 30x in the past few months

>>27864847
I'm not buying a coin made by an actual child.

>>27885889
Yes only buy coins made before 2000, better yet only buy coins that were made by the elderly, no the dead, screw crypto, screw fiat, screw even fiat promissory notes based on gold, buy seashells and tulips, huge bull market for them

>>27886105
I'm not talking about the age of a coin, but the age of a person. Peanut brain.

>me reading this thread knowing i will become a millionare in the foreseeable future

>>27877966
what ar all of these lines? do they say where to make money? how do i get these lines for me? do you pay? is it free?

>>27886169
The dead have ages still ongoing, STUPID, I'm also talking about people, didn't you know death is not the end, buy tulips now shit for brains EOY 1 million

>>27886327
Shift + click
>Magic

Back from being sidetracked to the roadmap.

>>27878704
The rest of 2020 Q4 we can see for ourselves.

> 2021 Q1
> Binance Access
> https://www.binance.com/en/access
This is perhaps the most exciting part of this project. This covers the CeX liquidity and is a unique features that we've not seen from any other DeFi project so far. Assuming they live up to their proposed solution in 1.3 of their litepaper of a

> Reef is a decentralized, non-custodial protocol; assets arecontrolled by the users themselves and not stored on the platform.

Even the example project Advcach has a centralized login. This goes against what's written on https://www.binance.com/en/access as under the "How does Binance Access work?" section both explanations suggest the creation of a Binance account.

In combination with their release on the Binance Smart Chain this the strongest bullish indicator I've seen. Just image a product that has good liquidity even on smaller pairs (thanks to the CeX) as well as low fees and fast confirmation times (thanks to BSC).

> Reef LP & Farms
Here's the last two contracts that weren't audited in >>27878704. It seems likely this would be the distribution method for the rest of the supply >>27884727.

>>27879984
Have you watched this interview? He talks a little bit about the team at the beginning, not that much information though but a little bit of background.
https://www.youtube.com/watch?v=BFHEXR5YfbU

>tfw I chose this over RBC

buy the shit
wait for the shit to x20
sell part of the shit
ez

Give it to me straight bros, did I fuck up?

I could have bought triple the RBC stack I did if I didn't buy this shit

>>27887939
yeah we fucked up, bull season is almost over too so these projects will crash to irreverence soon enough like the dozens of altcoins in 2018. Ah well, it's all luck in the end.

>>27887939
you fucked up if you sold

>>27887002
>This guy thinks this is a keynote presentation or TED talk
Boo get off the stage, you suggested buying btc and eth at an all time high for better returns than Reef whatever you have to say is null and void do you not understand you have nothing to offer with this busywork, in three months compare what you suggested to what reef does if you need confirmation but in the meantime at least understand you're out of your depth

i feel an impending huge crash
and even though this shit is good, it never pumped like the likes of dogshit such as rubic or bao
why

>>27887002
So that covers everything that's been marked as "Done".

> 2021 Q1 WIP
> Reef Basket Engine (v1)
> The first version of the engine is static

This suggests we're not going to have the the Smart Assert Management techniques of 2.3. This would imply the following features listed in 3.2 are fixed:

> 1. Changing asset basket structure (fees, composition, or creation);
> 2. Raising or lowering the reserve limit of a market; adjusting yield distribution and interest rates;
> 3. Altering pool attributes, such as voting power time function, pool’s dynamic interest % calculation for staking;

This would put it in line with TokenSets (https://www.tokensets.com/explore?show=portfolios, https://defipulse.com/set-protocol)) minus the social trading feature.

> Reef Client
We've supposedly seen demos of their Client (aka website) in YouTube videos. I can't comment because I've not watched any yet and If there's any kind anons please link them to me.

> Yield Engine
> Powered by the modified Analytics Engine
This is 2.1.1 and 2.1.2 using what they originally called the Reef Intelligence Engine to optimize pic included, using AI and ML to predict yield using market sentiment. The proof will really be in the pudding when it comes to this one as the benchmark can be found in a similar product which doesn't use AI and ML - harvest.finance.

> Fiat Gateways Integration
> Simplex - https://www.simplex.com/
As is often shilled such a feature would make the platform user-friendly.

This pretty much covers the roadmap of features to expect in the demo that'll be released in Q1. Work on the Polkadot implementation has also started but from the roadmap it seems unlikely that we'll see anything until at least Q3.

>>27888073
look at BTC dominance, brainlet

>>27885317
>>27885829
>>27888700
It's called risk adjusted returns.

Even with BTC and ETH at their ATH most would agree that it is likely that BTC will reach over $100k and ETH $2000 this market cycle. On the other hand REEF is a highly speculative investment with no working product has just made an ATH a few hours ago. With Binance's incentivized trading I'd expect to see much greater volatility and therefore much greater risk investing in REEF at the moment. It's not as if I don't have a large investment in Reef already either.

Fuck how you feel about the thread, I'm doing this for myself so make sure I've DMOR. This is mainly me, talking to myself with the input of a few anons here and there analysing mainly the fundamentals but sometimes the technical side of Reef and to evaluate how I should modify my current investment.

>>27888782
rubic has less than a tenth the volume of reef, they literally can't cash out

>>27864847
imagine touching this over AAVE

>>27889876
>with no working product
this is bullish

>>27891448
Imagine thinking this is anything like AAVE.

>>27889876
So now that it has been brought up, let's take a break and look at the technicals. What are the possibilities for the price of REEF?

Crypto prices are still very dependent on the movement of BTC and to a lesser extent ETH. As suggested by >>27888073 and >>27888782 it is possible that the market cycle is over.

The following models may suggest otherwise:
https://www.moonmath.win/
https://digitalik.net/btc/power_law_oscillator
https://www.lookintobitcoin.com/charts/mvrv-zscore/
https://www.lookintobitcoin.com/charts/rhodl-ratio/
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

On the other hand none of these indicators discount the possibility of BTC correcting as it's done in 2017/18, or performing another 2013/14. If this happens inevitably REEFBTC's ratio will suffer.
BTC making another parabolic move up will also see ALTs retrace or follow along against BTC.

Anons >>27887939 and >>27887216 also point the gains the RBC has been making whilst Reef has been stagnant. Unlike Reef RBC has a working product and released their roadmap on the 15, product on the 28th. These correspond well with the price actions that have occurred.

* RBC has a better website
* RBC has a more experienced team
* RBC's medium articles have more substance
* RBC is not planning on CeX integration
* RBC is not planning on Yield Farming other tokens
* RBC is not planning on implementing TokenSets like functionality
* RBC is not planning on adding AI/ML
* RBC also has order book based functionality
* RBC has better token distribution
* RBC has a smaller fully diluted market cap
* RBC has plans for anonymous trading
* Reef plans to integrate with more L2 solutions
* Both plan to include polkadot integration
* RBC has *much* lower liquidly.

RBC looks to be a lower risk but equal reward.

>>27891448
Imagine thinking this is anything like AAVE.

>>27892081
LOL.

Anyway guys I've essentially covered everything I wanted to cover today. I'll be making another thread in the next few days or when Reef is dumping again. In the meantime I'd appreciate if anyone can dig up all the Reef interview videos that are floating around.

Hopefully some anons have found this useful.

Reef.

scam
don't say you weren't warned

>>27889876
https://youtu.be/3y_0CkoxSGc

Here's the demo of the UI, it starts at 8:58

>>27892768
I can’t but RBC on binance so its REEF for me

>>27893301
Same with me. I'm not trying to get it on uniswap

the ceo is dank

>>27893042
Thanks anon.

I should take a better look at their medium becuase they've got links like https://reef.finance/tokenomics hiding everywhere

>0.028
That was quick

>>27892768
I began enjoying the healthy discussion/research but now starting to think this was your goal:
> RBC looks to be a lower risk but equal reward.

If so, gotta fucking admit.. RBC has been an absolute nasa-level psyop scam.

>>27892768
Wow so this long FUD was just an MK Ultra level manipulation to prime readers for a Rubic pitch? Fuck off already Gundeep.

How big brain move is it to open $10k worth x3long against 500k reef hold? Liq price will be like half a cent and I will make money by holding + usdt from long

>>27893042
Very informative video. I also found this one

https://youtu.be/pMXkYYvMPyY

>>27871161
Dont the fees fuck you over?

>>27896506
That is uber big brained my guy

>>27895816
>>27896008
I knew little about RBC until I looked at the whitepaper today. I've not seen a list of differences yet and I should have used "Reef plans" instead of "RBC is not planning".

It's a hot take, perhaps it would be more truthful to say less risk / less reward. In my opinion a great deal of value is found in the shared features of RBC - polka-dot ecosystem and liquidity aggrigation across multiple chains and DeXs. Who's really going to be counting the difference between x20 and x25?

I also still question if Reef's Zapper/1INCH(without chi but with CeX liquidity)+TokenSets+Harvest.Finance model really adds that much more value in the current defi ecosystem? Given that they plan to slowly increase volume this also means whatever batching the global liquidity aggrigator will pale compare to the fees.

Both of you seem to hate RBC so mind giving me some reasons why instead of just calling it manipulation and a scam?

>>27898138
>mind giving me some reasons
didn't read or researched rubic but amount of shilling is fucking suspicious. maybe i wrong.

>>27898750
You could say the same for Link back in the day.

/biz/ shills whatever is the flavour of the month that's got good price action. It's all about defi these days so half the threads or some new xxxswap. The balance of clarity and detail in the RBC whitepaper and website was impressive, especially compared to what I've had to slog through to understand what actually makes Reef different that isn't the usual reef terminology filled copypasta about making defi easier.

>>27898138
Fuck off Ranjan or I'll choke you with your own Vindaloo.

>>27899074
Hello russki, greetings to your mafia friends in st petersburg