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/biz/ - Business & Finance

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File: 118 KB, 622x676, Binance_shills_The_Great_Barrier_Reef.jpg [View same] [iqdb] [saucenao] [google]
27556838 No.27556838 [Reply] [Original]

OK I've had enough with you braindead cunts asking for info.

> Denko is an autist software engineer with superior technical knowledge and a well-defined vision.
> Reef have created their own abstraction layer for cross-chain communication and integration with their client.
> Have been working on their own data-driven analytics engine for 1.5 years. It basically harvests data from different sources allowing real-time analytics on exchanges, tokens, pools, native cryptos etc.
> Using the analytics engine, the Reef client provides metrics and analytics to users, as well as investment suggestions based on performance and user's risk choice.
> Created their own basket engine to allow simple cross-chain investing (tokens, native, pooled assets etc from different protocols). Users can configure bucket investment allocation manually or select a simple risk profile and leave it up to the analytics engine.
> DankO explains that new crypto protocols and ecosystems are constantly being created, all wanting to provide the best tech - Reef's mission is to simply connect users to these via abstraction, allowing normies to invest without technical knowledge or the complexities we're all so accustomed to.
> Reef software client will have direct integration with multiple T1 exhanges from day 1 (Binance already shown in demo), meaning it's legit a one-stop app for normies. No need for wallet management, signing up to exchanges, connecting to uniswap, understanding ERC20 tokens, pooling, staking, gas fees etc...
> Powered by Polkadot. On Binance, Huobi. Partnerships with: OpenDeFi, chainlink, AVAX, bZx
> Reef is solid and solving real problems

>> No.27557358

I feel like we should let it go up a bit before attracting any more redddit fags let them pay double entry at least

>> No.27557553
File: 63 KB, 942x637, Boss_Danko_PR.jpg [View same] [iqdb] [saucenao] [google]
27557553

>>27556838
Some further links

>> No.27557572

>>27557358
This. Im genuinely still accumulating, not like the other fags that say they are to pump a coin. Just give me a few days for SNX to break ath so i have more funds for REEF. This is gonna be my new hex2t if you fags remember that pump

>> No.27557699

>>27557572
I think we're about to break 0.03 in 2mins its surging

>> No.27557912

>>27556838
>one-stop app for normies
this is what interests me the most about it.

>> No.27559220

>>27556838
I gotta ask, this is powered by Polkadot, what other coins and tokens powered by other stuff have gotten a high value?

>> No.27559330

>>27557912
Agreed. I've met lots of people interested in crypto who have no idea where to start because the technical barrier of entry is too high.

It also helps when Binance is basically shilling Reef at this point. Denko and team comes out of nowhere, presents their product to Binance, and next minute he's being invited to talks as a leader in cross-chain dev.

>> No.27560759

>>27559220
It's sort of new territory. However, DOT has proven its worth and binance are supporting the project so this could be huuuuge.

>> No.27561465

>>27559330
>binance
Is it any good? I'm immediately skeptical of anything Chinese but are they actually trustworthy?

>> No.27561666

>>27556838
>a well-defined vision
this to me has been the most encouraging. it's partially REEFs position as the Defi portal for normies, but also clearly articulated UX, marketing, risk assessment. "the robinhood of defi" sells itself but ive been impressed with Denko every time

you can say "well, they cant do it" for literally any project. we are in the dark on the tech most of the time until the project fails. all the things we can keep track of are bullish.

>> No.27562008

where can I buy reef?

>> No.27562815
File: 65 KB, 608x707, Boss_Dank_Denko.jpg [View same] [iqdb] [saucenao] [google]
27562815

>>27562008
Binance? Uniswap?

>> No.27563024

>>27556838
The huge sell walls and tiny VC buy ins are still putting me off. That and the fucking huge outstanding supply and on top of that staking rewards that will flood the market

>> No.27563194

>>27561465
是

>> No.27563695
File: 70 KB, 1076x1908, REEF.png [View same] [iqdb] [saucenao] [google]
27563695

Got about 170k, is this good for a starter pack or should I stack more?

>>27563024
sell walls and outstanding supply isnt a problem, its a given for a project this new and should contribute to distribution this early in the game.

>> No.27563825

>>27563024
and staking might do the opposite of flooding: people might keep their bags staked so there are less tokens circulating

>> No.27564506

>>27563695
100k is generally considered the suicide stack so yeah I'd say you're good for now

>> No.27564955

>>27556838
will this basically make rubic redundant?

>> No.27566062

>>27556838
https://www.coinbureau.com/review/reef-finance/
Good lengthy article for those seriously interested in this project.

>> No.27566249

>>27564955
is not really a dex, but a manager of your defi assets so they can both coexist

reef and rubic are THE plays atm

>> No.27566859
File: 44 KB, 1080x275, coinstats.app_en_exchanges_.png [View same] [iqdb] [saucenao] [google]
27566859

>>27561465
the majority of the world is on there.
there's a separate binance.us which also does decent.

>> No.27567129

>>27566859
Other than binance where can I get it? Uniswap with eth? Is that really the only way in?

>> No.27567339

>>27567129
usa cant get it on binance.
non usa can.
usa can only buy on uniswap.
go eat some mcdonalds.

>> No.27567539
File: 29 KB, 547x350, 135860292_237259847859062_8530042856933717844_n.jpg [View same] [iqdb] [saucenao] [google]
27567539

>>27567129
use a vpn and get it on binance retard

>> No.27567749

>>27567339
>>27567539
I'm on uniswap but it lists REEF inactive. It should still be safe right?

>> No.27567902

>>27567749
be careful what you do. you might buy something incorrectly.
this is the etherscan, have you even done this before?
https://etherscan.io/token/0xfe3e6a25e6b192a42a44ecddcd13796471735acf

>> No.27568266

>>27567749
>on uniswap but it lists REEF inacative

Do you have the right contract? its active

https://www.dextools.io/app/uniswap/pair-explorer/0x7937619a9bd1234a303e4fe752b8d4f37d40e20c

>> No.27568364

>>27567902
Other than mining shitcoins a few years ago and spending what would have been about a grand of bitcoin now to buy funky porn subscriptions anonymously, no

>> No.27568685

>>27568364
are porn subscription websites worth it?
They sure know how to make the paywall exciting. Anything noteworthy?

>> No.27568884

>>27568685
IIRC it was some brazilian prolapse porn or something. In hindsight not worth it because sometimes a little poo would come out and that's nasty. Although I could be misremembering which particular porn I spent it on

>> No.27569085

>>27568266
It was inactive but there was a listed option to add it automatically (at my own risk). Are contracts case sensitive? This is what the uniswap option goes to https://etherscan.io/address/0xFE3E6a25e6b192A42a44ecDDCd13796471735ACf

Appears to be the same but different case alphabetic characters.

>> No.27569099

That was some pathetic dip. Please tell me it will dip more.

>> No.27569310

>>27569085
that looks right, but you can click on the REEF token on that page.
it will let you copy the contract in the profile summary section 0xFE3E6a25e6b192A42a44ecDDCd13796471735ACf
https://etherscan.io/token/0xFE3E6a25e6b192A42a44ecDDCd13796471735ACf

>> No.27569758

couple of questions
-where/how can i go about staking tomorrow
-does reef support any hardware wallets besides Leaky Ledger

>> No.27570517

>>27569310
When swapping do I have to manually calculate the gas fee for uniswap? Metamask warned me I had insufficient funds

>> No.27570566

>>27570517
If you want to trade all your eth into reef, yeah.

>> No.27571113

>>27570566
I see, thanks. I'm in for 42480 boys

>> No.27571530

>>27571113
No problem, keep in mind that if you take too long, fees might change and if you do an exact calculation you probably will fail the transaction which also costs fees.
Sometimes, you might get lucky and eth price increases so you end up getting more than what you ordered.