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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29620649 No.29620649 [Reply] [Original]

Reef Finance General

>Website
https://reef.finance/

>Lite Paper
https://reef.finance/resources/ReefLitePaper_v100c.pdf

>Road Map
https://reef.finance/#roadmap

>Twitter
https://twitter.com/reefdefi?lang=en

>Reef Demo by CEO Denko Mancheski
https://www.youtube.com/watch?v=3y_0CkoxSGc&feature=share
Demo Starts at 9 minutes

>Supply Article
https://medium.com/reef-finance/a-letter-to-the-reef-community-2cad81dbee15

>Latest AMA with Reef CEO Denko Mancheski
https://www.youtube.com/watch?v=8nRFP6qc0F0

>Yahoo Parnership Article
https://finance.yahoo.com/news/tron-enters-strategic-partnership-reef-160000783.html

>Reef is the world's first cross-chain DeFi operating system

Staking Live on BSC!

>> No.29620707
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29620707

reefies gon make it

>> No.29620873

lambo when?

>> No.29620953
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29620953

>bought at ATH
>bought more after dump
>never selling

>> No.29620980

I staked my fucking Reef and then took a look at the contract and it says there's 91 million Reef staked and the number is still growing. Let's say you want to stake 50,000 Reef, probably what the average user might have. Assuming an average price of $8/LIT, we can estimate the $20,000 LIT pool to be 2500 LIT. So (50,000 Reef / 91,000,000) * 2500 LIT = 1.37 LIT.

If you have 50,000 Reef to stake and the total staked amount stops growing right now, you can earn 1.37 LIT in 2 weeks. Denko has not addressed this.

I've defended Reef through the FUD and I've held my Reef despite the dump when I could have sold at $0.056 because I believed in it... but the way they set these "bonds" up is pretty shitty. They don't inform you that unless you are staking millions of Reef your rewards probably won't even cover your gas fees. And there's also no way to unstake now.

>> No.29621083

>all the Defi projects go x10,x100 or x500 in months after release
>Always skipped them
>invest into this one because its unreleased
>the dude prints more coins shortly after
you cant make this shit up.

>> No.29621344

>>29620980
Lol is this copypasta now or are you still the same guy? I copied this to my pasta FUD folder last thread.

>> No.29621640 [DELETED] 
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29621640

>>29620980
reddit spacing
go back >>>/R/eddit

>> No.29621703

Price prediction for the 28th when client launches?

>> No.29621881

Anyone know what time stream of pic related starts tomorrow?

>> No.29621954
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29621954

>>29621881

>> No.29623203
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29623203

>> No.29623839
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29623839

>>29621954
Not sure. I checked his Twitch and he does not list times. I will post it in the he general when it happens.

Have you seen polish bro lately?

>> No.29624127
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29624127

>>29623839
Nahh. Haven't seen polish bro in a day or two.

>> No.29624477
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29624477

Do not buy REEF, you will regret it this time next year if you buy it.

>> No.29624567
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29624567

>>29624477
Checked

>> No.29624603

>>29624477
>Scample

>> No.29624761
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29624761

>> No.29625113

Dont buy this scam coin

>> No.29625115

Nice to see multiple reef threads that arent fud for once

>> No.29625118
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29625118

>>29624761
Reef i won't sell my bags to you Ujeem

>> No.29625807
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29625807

Official Reef song of biz
https://www.youtube.com/watch?v=OIrXxNo7Pk4