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

/biz/ - Business & Finance

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29741490 No.29741490 [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 [Embed]
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 [Embed]

>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

https://twitter.com/ReefDeFi/status/1364250546224328708
Reef bonds on Binance smart chain available

>> No.29741558

Ok faggots. now that the nigger of KSI is out, will this project finally moon or not?

>> No.29741872

Or can a nigger be smarter than all reef holders, because he cashed out?
>Surely Penis wouldnt dump on us

>> No.29742040

bump

>> No.29742230

>>29741490
I think your 4 shameful self bumps explained it all. No one gives a shit about this coin. You fell for the newest /biz/ scam, even fudders don't bother coming in here to fud.

>inb4 youre a fudder

I'm 85% ball deep into this project and I regret not selling at 5c, 4c, 3.5c

>> No.29742271

MOON YOU NIGGER COIN MOOOOON I COMMAND YOU

>> No.29742279

>>29742230
Im also a fucking bagholder, im hoping someone fucking smarter than me can give me hopium

>> No.29742453

>>29742230
>I think your 4 shameful self bumps explained it all. No one gives a shit about this coin.
It is 4:30am Eastern time.

>> No.29742470

I COMMAND TA FAGGOTS TO COME AND PLS GIVE ME HOPIUM

>> No.29742646

After reading a bit, this looks like it's way too far up the protocol stack for my comfort. What value does Reef have over some other inter-chain connectivity tool like Stellar or Mobie?

>> No.29742793
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29742793

>>29742646
It stays beefy, and when it doesnt, it goes queefy. What more do you want?

>> No.29742805

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.29743182

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO GIVE IT YOUR ENERGY SO IT KEEP GOING UP OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.29743504

is there any indication that this might go up? like a shed of light, or is it all over.

>> No.29743906
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29743906

>>29743504
>Have faith son, and follow me, i will be your light, i will guide you