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

/biz/ - Business & Finance


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File: 1017 KB, 911x1200, 1612287834805.jpg [View same] [iqdb] [saucenao] [google]
27670476 No.27670476 [Reply] [Original]

.029 stablecoin edition

Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.

Reef is geared towards newcomers, as well as current DeFi users who find it difficult to keep up with the best investment strategies. The company also wants to tackle the high gas fees that are seen on the Ethereum blockchain, which some claim renders DeFi protocols “unusable.”

https://coinmarketcap.com/currencies/reef/

UI demo:
https://www.youtube.com/watch?v=3y_0CkoxSGc&t=625s [Open]

>> No.27670618

is anyone actually going to use that basket feature? sounds like a meme.

>> No.27670705

I know most of you niggers are from /pol/
report in

>> No.27670743

REEF is losing steam! We need more power to pump it!

>> No.27670756

>>27670476
poorfag here, will i regret not buying another 1k

>> No.27670832

mex poorfag currently own 3k, will I be rich someday?

>> No.27670849

>>27670756
>1k
in what?

>> No.27670887
File: 65 KB, 608x707, Boss_Dank_Denko.jpg [View same] [iqdb] [saucenao] [google]
27670887

>>27670476
Gentle and handsome Aussie ReefChad reporting for duty.

> 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.27670928

>>27670849
r e e f

>> No.27670932

what does 85k give me?

>> No.27670966
File: 118 KB, 622x676, Binance_Shills_Great_Barrier_Reef.jpg [View same] [iqdb] [saucenao] [google]
27670966

>>27670887
From Reef's security audit:
> The security assessment was scoped to the smart contract
> ReefBalancer, ReefBasket, ReefLiquidityBond, ReefMooniswapV1,
> ReefToken, ReefUniswap and ReefVaultsBasket. An audit of the
> security risk and implications regarding the changes introduced
> by the development team at Reef Protocol prior to its production
> release shortly following the assessments deadline.
>
> Overall, the smart contract code is extremely well documented,
> follows a high-quality software development standard, contains
> many utilities and automation scripts to support continuous
> deployment / testing / integration, and does NOT contain any
> obvious exploitation vectors that Halborn was able to leverage
> within the timeframe of testing allotted.

medium: https://reefdefi.medium.com/halborn-announces-reef-finance-security-audit-f6b826f4d313
github: https://github.com/HalbornSecurity/PublicReports/blob/master/Solidity%20Smart%20Contract%20Audits/Reef_Finance_SmartContract_Halborn_Report_V1_1.pdf

>> No.27671068

>>27670832
oi Sanchez, everytime I come across you lads I want to re-watch Sicario-2. and, since Im smoothly drinking rn and its a nighttime here in my super country, I think Im gonna rewatch it again

https://youtu.be/pWlT_fMIo6s

>> No.27671160
File: 1.81 MB, 314x314, reef pepe.gif [View same] [iqdb] [saucenao] [google]
27671160

>> No.27671423
File: 67 KB, 1125x880, 1612406951779.jpg [View same] [iqdb] [saucenao] [google]
27671423

Can we get one of these for REEF?

>> No.27671426
File: 1.95 MB, 328x328, 1605365225200.gif [View same] [iqdb] [saucenao] [google]
27671426

>>27670928
no, you will not
>>27670932
lets count...
85k equals.. 85k$ at best so at best you're gonna have to 85 topest tier hookers sucking on your dick whole night. THE topest ones. or, you can go down the phillipines and have 85000 hookers sucking on your dick.

up to you lad but I'd personally stick to my own.

>> No.27671603

Why does it dump so hard right now? Overall for today it really didnt perform well compared to the average coin on the market and it keeps getting worse.

>> No.27671768
File: 39 KB, 1019x856, reef_map.jpg [View same] [iqdb] [saucenao] [google]
27671768

>>27671603
Hey Ranjan, If I were you I'd forget about Reef and seek out a pajeet-level coin such as Rubic.

>> No.27671872

>>27671603
zoomout

>> No.27672016
File: 45 KB, 200x136, 879.png [View same] [iqdb] [saucenao] [google]
27672016

61K Stack just chilling.

>> No.27672048

guess i'm retarded, but i still can't find reef on the binance market

>> No.27672123

>>27672048
Its not on Binance US.. I had to UniSwap ETH for it.

>> No.27672144

>>27672048
Not available on binance if you're American.

>> No.27672155

>>27672048
It's not on burger Binance

>> No.27672184

a lot of coins are on green, when will be the time of reef to moon ?

>> No.27672220
File: 31 KB, 472x600, 90A7CD32-9747-4956-B065-CE264421DF53.jpg [View same] [iqdb] [saucenao] [google]
27672220

>>27670705
>/pol/
Haven’t heard that name in years.

>> No.27672269
File: 100 KB, 714x714, 1612142286485.jpg [View same] [iqdb] [saucenao] [google]
27672269

>>27670743
you ass is losing steam

>the project is in very early stages and already got solid partners including CZ blessing

>Most promising and ambitious Polkadot ecosystem project

>Vitalik/Sergay autism tier level CEO

>Project is fucking AAVE and UNISWAP for polka and ethereum at the same time

Get in now or cry in Q4 when this shit hits a dollar

>> No.27672677

>>27672144
why is not for americans? this shit will not moon if is not easily accessible to american pumpers

>> No.27672778

>>27672184
Yeah that is a bad sign. Dumps while others are going up and of course it will dump even harder if others will dump.

>> No.27672790
File: 63 KB, 334x739, 8Q-4rhHcgAM.jpg [View same] [iqdb] [saucenao] [google]
27672790

>>27672220
did you know that the faggot who killed him..
sure you know
>two beer to this gentleman, on me

>> No.27673019

Uh oh my fellow reefags we got too cocky.

>> No.27673051

>>27672184
You are literally too dumb to deserve reef.

>> No.27673243

I sold

>> No.27673260
File: 326 KB, 2091x1417, 10.jpg [View same] [iqdb] [saucenao] [google]
27673260

Explain this reefers to me. Fuck, looks like I will be bagholding for a long time.

>> No.27673307

>not even red on the 24hr
>people shitting their pants

>> No.27673391

>>27672269
bro q4 is so fucking long away you expect the crypto bubble to have not popped by then?

>> No.27673464

should i get this coin if im a pothead

its how i cope with being poor

>> No.27673545

>>27673464
Buy REEF instead of weed and maybe you'll make it

>> No.27673550

MY MONEYYYYYYYYYYYY

>> No.27673649
File: 569 KB, 949x610, 1611548500684.png [View same] [iqdb] [saucenao] [google]
27673649

>>27670705
/pol/ you say? never heard of it..

>> No.27673680

>>27672677
americans will get it on coinbase a year from now

>> No.27673760

I sold.

>> No.27673786

>>27670705
Yeah, /pol/kadot

>> No.27673802
File: 58 KB, 880x640, 1553268503893.jpg [View same] [iqdb] [saucenao] [google]
27673802

>>27673649
never heard of it
nigger

>> No.27673811
File: 20 KB, 496x236, Screenshot_20210204-044731_CoinStats.jpg [View same] [iqdb] [saucenao] [google]
27673811

>>27673260
Look at 7d anon... it had a pump, now we're consolidating and accumulating. Reef will go parabolic soon, give it time. I'm super comfy and let the rest of the market be hysteric

>> No.27673814

>>27673760

>> No.27673887
File: 46 KB, 307x362, 1609272028276.png [View same] [iqdb] [saucenao] [google]
27673887

>>27673786
>>27673649
wrong pic lads
pardonne moi

>> No.27673907
File: 69 KB, 1183x1183, 1971.jpg [View same] [iqdb] [saucenao] [google]
27673907

>>27673760
my friend

>> No.27673989

>>27673811
But I am also looking at 7d. For example Sushiswap with a market cap x20 (so it is lower risk investment) made 111% while reef made 47%.
This is not good. Never seen a low market cap dump so hard during a strong bull run.

>> No.27674030

>>27673760
See you at .04

>> No.27674058

>>27673760
nice, you'll fomo when it goes up and end up paying more or missing it completely

congratulations

>> No.27674071

This guy’s ID is literally ‘C .U. CK’ please come ridicule him: >>27671702

GET IN HERE

He needs many (YOU)’s. This is literally history guys. Biz has found the ultimate KEKold of the board. Come drop a (you) to mark yourself in the archive history books.... let’s get this to a record number of you’s don’t give the cu ck a break

>> No.27674195

>>27673989
We're still in the accumulation phase until staking comes out, then we hit .10 within a week.

>> No.27674217

What is special about this coin

>> No.27674334

going to buy as soon as it begins to turn

>> No.27674548
File: 194 KB, 256x251, Screenshot_2021-02-03 crashing this plane no survivors - Google 検索.png [View same] [iqdb] [saucenao] [google]
27674548

Bought the top today, and i wont sell because it was only a few hundred dollaridoos. This will dump and bleed down to 0. You hve been warned.

>> No.27674567
File: 64 KB, 1088x962, Great_Barrier_Reef.jpg [View same] [iqdb] [saucenao] [google]
27674567

>>27674217
Read the thread or do a couple of google searches. Sick of you useless pajeet ape robots.

>> No.27674603

>>27674071
Fucking hell mate

>>27674334
and this guy is Poo

>> No.27674660

>>27673989
Because whales slowed it all week with massive sell walls. It’s long term am incredibly bullish sign.

>> No.27674665

>>27670476
BRRRROOOOOOOOSSSSSS
WHY IS IT FUCKING DIPPING!!!!! I BOUGHT AT .019 AND WAS MAKING GAIIINNNNSSS
AAAAAAAAHHHHHHHHHHHHH

>> No.27674729

>>27674548
thanks, just bought more!

>> No.27674808

>>27674665
why you didnt solded at 0.3 you retarded nigger

>> No.27674819
File: 267 KB, 1026x851, Reeft_Off.jpg [View same] [iqdb] [saucenao] [google]
27674819

>>27674548
Let's take advice from a poor fag.

120+ IQ chads will have already done their investigative research, and know this coin, along with polkdot is being promoted by Binance and shilled in China. It's even on Wechat. Only one place we're going champ.

>> No.27674828

>>27674665
then ur literally still in the money

>> No.27674849

.027 support established

>> No.27674924

>>27674665
Stop being a retard, this is a coin you're supposed to HODL for a while, if anything it's good that it dips so you can buy more of it.

>> No.27674943
File: 201 KB, 660x780, 1612199050235.gif [View same] [iqdb] [saucenao] [google]
27674943

>buying the dip

heh.. guess i'm gonna make it after all..

>> No.27674945

>>27674819
>shilled in china
i thought they banned the shit?

>> No.27675029

Give me some EOY predictions.

>> No.27675142

>>27675029
$0.00001

>> No.27675146

>>27675029
Depends entirely on if Danko will be a able to deliver a working project in time that gains traction. We can still ride the hype until the end of Q1. If there are delays or the app turns out to be shit (think LCX tier lmao), it's time to dump.

>> No.27675199

>>27675029
0.5 if they deliver on their promises, 0.8 if it gets a lot of traction with normies

>> No.27675245

>>27674195
We are freefalling right now. Not good. I think it will be better to sell now and buy later after the price will find a new bottom.

>> No.27675310

>>27675245
my guy it bottomed at 0.027 and its at 0.028115 again now

>> No.27675422
File: 171 KB, 905x1187, Chinese_DankO.jpg [View same] [iqdb] [saucenao] [google]
27675422

>>27674945
Learn 2 googledork.
p.s. screenshot is google translated.

>> No.27675449

>>27675245
>drops 5% from ATH
>aahhhhhhh it's freefalling quick sell!!!

See you at 90 sats in the morning

>> No.27675455

>>27675245
sell when it goes down and buy when it goes up

good thinking

>> No.27675478

Is 85K a good enough stack?
Whats the suicide stack

>> No.27675521

>>27675310
That is just a small bull trap. I think we will revisit 0.02 soon.

>> No.27675562

>>27675521
your thoughts and feelings dont matter though

>> No.27675596

>>27670705
What is pol?

>> No.27675643

>>27673391
>muuh buubbul

This is a year post halving newfag we don't have big crashed the year after a halving

>> No.27675646

>>27675449
It went down from 0.031 to 0.027 in less than an hour. That is 13% down in one hour!! That is what would be called a flash crash.

>> No.27675669

>>27675521
*0.03

>> No.27675747

ITS DUMPING REEFER MADNESS REEFERMADESS

>> No.27675762
File: 499 KB, 594x604, uargh.png [View same] [iqdb] [saucenao] [google]
27675762

>>27675521
>That is just a small bull trap
>it's true

>> No.27675790

>>27675669
More like 0.003 if it continues like this.

>> No.27675859

Well no one replied but i bought 85k anyways fuck you!

>> No.27675961

>>27675762
>>27675669
Well? How does it go? Told you to sell asap. It really was just a bull trap. It again goes down and it will go deeper than last time.

>> No.27676015

>>27675859
It's over bro

>> No.27676109

It was a pajeet scam after all. The "AMA" was a telltale.

>> No.27676115

>>27675961
close the chart and open it again tomorrow

>> No.27676119

>>27676015
It's over? This coin has a lot more steam ahead pajeet

>> No.27676123

>>27675859
Sell while you can. Even for a small loss. We are going to see some huge red candles. The last one was BRUTAL.

>> No.27676181

all those fud posts trying to lower the price lol

>> No.27676243

>>27676109
A very low effort one to be honest. It basically DOES NOTHING. It is just a generic ERC-20 token and a simple website using some generic template. That is all. The whole reef project could be done (including the website) in like 3 hours tops?

>> No.27676249
File: 74 KB, 486x680, c033f45d8a8cd12a91f4ff3aa74cc6a2.jpg [View same] [iqdb] [saucenao] [google]
27676249

6k rwwf poorfag... ill drop morw in a fww day...

>> No.27676269

Please keep the price down until tomorrow friends

>> No.27676300

>>27676015
>>27676123
You guys are pathetic
Saw the same thing about Rubic on a dip earlier today than it shot up to 40 cents lol

>> No.27676309

2 weeks from now they will be fudding again when it drops from 7c to 6.95

>> No.27676325
File: 61 KB, 488x804, DankO_Chinese_Celeb2.jpg [View same] [iqdb] [saucenao] [google]
27676325

>>27676123
Pls sell pajeets. I will finally get my make it stack.

>> No.27676453
File: 964 KB, 745x930, f.png [View same] [iqdb] [saucenao] [google]
27676453

>>27676243
tell me more

>> No.27676487

Pajeet project like every other coins shilled by binance (remember SXP visa integration?)
Back to sub 2 cent EOD.

>> No.27676507

>>27676325
It is a ERC-20 token DOING NOTHING. NADA. NILL. There is nothing of value in this. Oh, yeah, some promises to change the world as we know it (Bitconnect TM).

>> No.27676584

>>27676453
https://www.youtube.com/watch?v=V9Vwu_Jjjg0

>> No.27676598
File: 306 KB, 457x450, download.png [View same] [iqdb] [saucenao] [google]
27676598

>>27676507
anything else you wanna add?

>> No.27676610

>>27676453
yeah anyone that researched for 5 minutes and saw the video with the demo would know that it's not just "a generic erc-20 token" lol it's not even an etherium token it's on polkadot

>> No.27676691

>>27676610
It is not on polkadot. I repeat it is not on polkadot. It is is actually planned to be ported to polkadot sometimes in the future (yep, another promise).

>> No.27676706
File: 83 KB, 780x520, Jeffrey-Epstein.jpg [View same] [iqdb] [saucenao] [google]
27676706

>>27676584
thats some fiery ass diarrhea right there

>> No.27676709

Do I buy the 0.028 dip? I look at the chart and it still seems bullish for the short-term.

>> No.27676792

>>27676709
How does $0.01 sound to you? That will be the price EoM.

>> No.27676890

>>27676792
Fuck off nigger

>> No.27676952
File: 81 KB, 1276x565, erc20.jpg [View same] [iqdb] [saucenao] [google]
27676952

>>27676598
>>27676610
https://research.binance.com/en/projects/reef-finance
Yeah, do your research. I have done it for you. Look at the image.

>> No.27677043

>>27676890
It is literally a scam. Just a simple website template + ERC20 token. All in all it could take the "CEO" like 3 hours to do this.

>> No.27677056

>>27676952
lol read the rest of it
Halborn is an award-winning, elite cybersecurity firm working with blockchain companies. Unlike other firms in the space, Halborn focuses on full stack security, DevSecOps, as well as advanced penetration testing of the web apps that interact with smart contacts.

Reef has been audited by Halborn to provide cutting edge DeFi products for the Polkadot ecosystem. Reef is a user friendly platform providing ease of on-boarding and maximum profitability for its users. Powered by Polkadot, reef.finance integrates both CEXes and DEXes

>> No.27677093
File: 61 KB, 900x888, joy.png [View same] [iqdb] [saucenao] [google]
27677093

>>27676952
>>27677043
dudes can you stop ?
i can only buy so many

>> No.27677128

>>27677043
This ID is an anti-reef shill

>> No.27677129

you're literally linking the binance page that confirms it has been audited as legit as FUD lol

>> No.27677161

>>27677093
I think this is Bitconnect 2.0 just with more buzzwords to catch the techies.

>> No.27677197

“Out of the many use cases in DeFi, we’re exceptionally fond of companies that provide ease of access to mainstream users. We’re bullish on Reef ’s mission and team and look forward to helping further their utility for the industry,” said CEO of Halborn Rob Behnke.

>> No.27677266

>>27677161
>I think
What do you recommend then?

>> No.27677368
File: 71 KB, 828x612, 1611969835723.jpg [View same] [iqdb] [saucenao] [google]
27677368

>>27675245

>> No.27677472

>>27677266
Sell ASAP and go for a coin with something more than a generic website and a erc20 token.
Sushiswap, CRV, 1inch, GRT, AVAX etc.

>> No.27677473

>>27670705
Sir, I simply live in clown world, not some board of peace.

>> No.27677610

>low cap
>being outperformed by ETH and BTC in the last 24 hours
KEK. Stay away.

>> No.27677756

>>27677472
maybe one that was listed on binance and was audited by a specialized company like you linked https://research.binance.com/en/projects/reef-finance

or maybe have showcased a demo https://www.youtube.com/watch?v=3y_0CkoxSGc

or talked on the first day of the blockchain week promoted by binance right after sergey from chainlink https://www.youtube.com/watch?v=g9dJ9q0z_94

even if this is a scam, it's not a low effort one like you're trying to say

>> No.27677825

Abandoning my position at 0.028. Will return at 0.026 or 0.025

>> No.27677832
File: 32 KB, 484x444, Reef_Moon.jpg [View same] [iqdb] [saucenao] [google]
27677832

Where did all the shills come from trying to discredit Reef? Guessing Rubic but could be a coordinated effort to push price down and invest heavily. Whatever, I'm at a quadruple suicide stack now, really want to accumulate 500k before things take off for good.

>> No.27677847
File: 54 KB, 500x375, scrooge-mcduck-e1474860935415.jpg [View same] [iqdb] [saucenao] [google]
27677847

>>27670476
Just bought 5k, take me to the moon boys

>> No.27677860

>>27677756
Just look at the price RIGHT NOW. I have literally told you what it will do and warned you. It will go really fucking low.

>> No.27677943

>>27670705
niggers probably don't like/pol/

>> No.27677968

>>27677756
>or talked on the first day of the blockchain week promoted by binance
Disclaimer: REEF is one of the sponsors of the Binance Blockchain Week.

I don't think it's a scam. The Reef twitter, telegram and staking platform unifarm ARE run by literal pajeets though, and they have done false advertising and outright lied.

>> No.27678413

NOOOOOOOOOOO WHY IT'S NOT MOONING +1000% IN A HOUR WHERE IS MY DOPHAMINE RUSH?

>> No.27678499

>>27670705
Hitler did nothing wrong

>> No.27678557

>>27677968
that guy said it was a low effort erc20 token and a generic website, but it's clearly not just that

again, there's always risk, but even if they are scamming, they did much more than just create a generic token and site, they convinced binance to list them and let them talk at the conference, they got audited etc. At the very least it's a more elaborate scam, so all his fud is focusing on the wrong aspect

>> No.27678690
File: 537 KB, 2111x1187, ComfyReef.jpg [View same] [iqdb] [saucenao] [google]
27678690

Hold for the long run. Relax for now.

https://www.youtube.com/watch?v=nMAzchVWTis

>> No.27678737

>>27678557
So what this shitcoin do? Nothing. Nada. It is not more useful than doge coin.

>> No.27678894

>>27678737
Oh why don’t you go to wallmart and buy some stufff with your xrp or link


Kek

Its all useless moron but we can still make money

>> No.27680601
File: 18 KB, 450x450, bbc1a9c9-9fdc-45c5-895c-d311d0f44173_1.0aa8cbe2bd821c5396580cf707718f77.jpg [View same] [iqdb] [saucenao] [google]
27680601

its going up, quick, say things!

>> No.27680855

>>27678737
Don’t spoon feed this retard. Stay poor doge faggot. You new fags will have to pump billions in to that thing to make it moon.

>> No.27681652

Is a general the surest sign of a crabbing shitcoin? Say it ain't so bros.

>> No.27681978

whats the difference between reef.finance and reef coin?

>> No.27682172
File: 107 KB, 339x191, Screenshot_2021-02-02 wojak crypt - Google 検索.png [View same] [iqdb] [saucenao] [google]
27682172

WE GOT TOO COCKY BROS

BACK TO 0.001

>> No.27682293

>>27682172
im ready to lose it all

>> No.27682385

Entered yesterday with 3000$

>> No.27682432

BROS NO, MY $25 BUCKS