It can be used as a medium of exchange, but some of its main functions in the platform include powering the reward structure for the protocol and its governance mechanism. Reddit could decide to launch tokens across other active subreddits, or even offer a single token for the entire platform. Reef (REEF) sur Twitter & Reddit. Another function of the platform is that it allows users to stake in liquidity pools and earn yield rewards. It monitors different metrics, social media data, news, and on-chain data, to produce insights as well. Dallas Mavericks boss Mark Cuban says Dogecoin will ‘definitely’ reach $1, Taco Bell’s NFT collection features Chainlink-themed crypto art, Data shows funding rates for Bitcoin are “warming up again”, What the new ‘Statemint’ proposal means for governance on Polkadot, Data shows Bitcoin is ‘replacing’ gold as a store of value, Markets wrap: Ethereum breaks $1,700; Bitcoin sees $51,000 resistance, Project Coral Reef Aims to Increase Monero Adoption, Exploring Polkadot’s blockchain of blockchains. There is an ETH/USDC pair kept in smart contracts. All in all, the platform is still user-friendly as it is easy for anyone to get on-board and earn profit from their digital assets. It also allows them to automate DeFi services such as lending, borrowing, and mining. This way, theory can create profitable allocations through multiple asset baskets while keeping note of their risk levels. It has a circulating supply of 3.97B REEF with a total supply of 20.00B REEF. There is a lot of content regarding cryptocurrency on Reddit. $0.036613 USD with a 24-hour trading volume of $122,404,222 USD.. Reef is up 0.36% in the last 24 hours. This is especially important in the crypto space due to its high volatility. All rights reserved. Reef Finance is traded on exchanges. Reef held a series of public of private sales in September 2020. While there have been several projects in the space of decentralized finance (DeFi), the common difficulty that users face stems from the issue of interoperability. Today's Reef Finance price is $0.038126, which is up 4% over the last 24 hours. What is Avalanche (AVAX) and why is it up 125% this past week. Elon Musk entreprend les tests de son vaisseau lunaire. TenX, a crypto wallet and payment project, which raised $80 million in 2017, announced today it will discontinue its services and shut down.New sign-ups and deposits have been disabled, and the TenX team is telling users to withdraw their funds from their TenX wallet at their earliest convenience. As to the launching of the debit cards, Mancheski did not mention a specific time yet. Les dirigeants de Ripple déposent une requête pour rejeter une poursuite de 1,3 milliard de dollars auprès de la SEC. (REEF/BTC, REEF/USDT) REEF the first token to build on Polkadot. Chad Liu, the co-founder of Tidal Fiance, was thrilled with the strategic collaboration and pointed that it will take DeFi solutions to the next level. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. The Reef Engine uses the data coming from this function to manage assets and determine investing opportunities. Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine. The Reef Intelligence Engine is an off-chain oracle that provides data to proxy smart contracts in the platform. 21 Bitcoin (BTC) is now worth over one million dollars, but which would you prefer to have? For DeFi users to take advantage of various products that can meet their needs, they will have to interact with multiple independent applications. ... Crypto-monnaies. Additionally, we inherit their security model, which means we get to be highly resilient, can do forkless upgrades while still being able to maintain stable on-chain governance. Joined Jun 30, 2015 Messages 1,969 Reaction score 1,796 Location ... Crypto is only worth as mush as you believe its worth. Here are some of the decisions that they could be called on to vote: The voting power of any stakers is also proportional to the amount of REEF that they have staked in smart contracts. Basically, the likelihood of their money being stolen from the platform is quite low. Polkadot is one of the most highly anticipated blockchain networks, forming a scalable ecosystem set to rival, or rather complement, the most established dApp platform, Ethereum. To operate a secure and effective cross-chain protocol, the platform needs uninterrupted access to accurate and real-time price feeds. Reddit is looking for ways to use blockchain to expand its services, and ensure that people are able to freely express themselves. This makes the biggest exchanges like Binance, Huobi, or OKEx, accessible on Reef’s platform. The company has shown interest in blockchain in the past when it planned on introducing its own cryptocurrency to reward its users for engaging with the platform in March of 2020 and later in August when it launched the Scaling Bake-Off competition. Binance the world’s best cryptocurrency exchange has recently listed the REEF token. Monero (XMR) recently announced that five new online stores and 45 celebrities will be accepting payments through a new initiative known as “Project Coral Reef.” Monero’s Project Coral Reef Project Coral Reef is the latest initiative on the platform which seeks to create awareness of the network and highlight its viability as a payment settlement system. Polkadot’s interoperability layer allows us to communicate with all the blockchains and still achieve high throughput. A yield engine and a smart liquidity aggregator are among the project’s offerings. Share on Reddit Share on VKontakte Share by Mail This is our page for the Reef Token. DOGE sur la lune? Reef is a young, growing brand in the crypto space and one that I believe in. This article is a part of our crypto influencers section and we are going to cover crypto trading topics on Reddit and what subreddits are worth following to learn more about crypto trading and cryptocurrency investments.. Hide This. Reef Finance addresses that. About Reef. Statistics. With access to even centralized exchanges, users can enjoy greater liquidity. These saw roughly 4.2 billion REEF sold for an average cost of about $0.00095. Hey guys, This is just a warning to the community about some shady things going on regarding REEF. Binance is the current most active market trading it. IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. Recently we came through this new coin called Reef Coin that is going to save marine life and coral reefs. You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website. The current CoinMarketCap ranking is #108, with a live market cap of $412,586,165 USD. Reef is the native, utility token for the Reef platform. Recently there was a … Post non-SR reviews, crypto or anonymity, or specific site questions to their respective subreddits. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. We are fully compatible with Ethereum and the current DeFi ecosystem, but we believe in order to innovate and take the landscape to the next level, we have to take it cross-chain, and through Polkadot we are able to achieve that. About Reef Finance Coin. All the 3 income streams are currently flowing in the Reef pool. Not only does this ease user access to different DeFi-based products, but also simplifies the whole experience. Reef Coin (REEF) – Saving coral reefs one block at a time This service is customizable as well. Simply put, it can be likened to a one-stop-shop where you can see some of the most popular DeFi offerings in a single platform. In this article we present how you find Bitcoin and crypto information on Reddit by using subreddits. IntoTheBlock is an intelligence company that uses machine learning and statistical modeling to deliver actionable intelligence for crypto assets. To address the issue of DeFi’s growing complexity, Macheski anchored Reef Finance in the mission of making it easy for anyone to enter the DeFi market and try out new projects and tokens. Prices denoted in BTC, USD, EUR, CNY, RUR, GBP. Reef Finance, a smart liquidity aggregator and yield engine, today announced it is integrating with the Avalanche blockchain (AVAX), enabling users to access decentralized finance (DeFi) applications in the Avalanche ecosystem directly through Reef’s platform. Reef Finance Daily Performance. Reef’s market cap currently sits at $408,786,000.00 USD, holding up for a market cap rank at #109. Reef is the native, utility token for the Reef platform. In Reef, users can choose the payout ratio between ETH/USDC and REEF token. Powered by Polkadot , it enables cross-chain integrations across various DeFi protocols. We hope to be able to provide a review of Reef Token shortly, stay tuned. Reef price today is $0.03627560 USD, which is down by -5.1% over the last 24 hours. Reef Finance's market cap is $429.64M. You can also exchange one Reef for 0.00000070 bitcoin(s) on major exchanges. We will get back to you as soon as possible. The two subreddits trialing a crypto-based token total 2.3 million users. Network collators perform the task of maintaining the accuracy and reliability of their networks. Social media site Reddit is partnering with the Ethereum Foundation to scale up its Community Points infrastructure.. Reddit Embraces Ethereum. Both Bitcoin and Ethereum have seen large retracements since their recent highs of $42,000 and $1,350, respectively. They are used to: While all of these might sound too technical for any user, the platform abstracts these functions through the help of smart contracts that automate such processes. This allows them to be part of the decision-making process taken to amend and update protocol parameters, among others. The Reef.Finance price is currently $ 0.036112 with a 24-hour trading volume of $ 202.71M across 15 exchanges. Furthermore, it corresponds with different risk categories that could meet a user’s financial objectives. ChainLink (Link): What is ChainLink Token? Geeba is a decentralized delivery ecosystem that enables businesses to operate deliveries with autonomous vehicles and smart hubs. All images, branding and wording is copyright of Reef. This way, theory can create profitable allocations through multiple asset baskets while keeping note of their risk levels. Basically, it gathers reliable data off-chain and feeds it to the smart contracts so they can function accurately. Collator fees are also accrued during on-chain interactions, such as entering and exiting asset baskets. Reef.Finance reached its highest price on February 11, 2021, when it was trading at its all-time high of $ 0.054288. The REEF price is down -2.84% in the last 24 hours. There is awesome technology behind some of the coins. For beginners, there is also a crypto asset management function on the platform that is driven by AI. In the future, through voting, we plan to introduce Reef Treasury which will be the recipient of the income streams, and the DAO can further decide how to allocate the funds (eg: grants, buybacks, etc.). None of the information you read on CryptoSlate should be taken as investment advice. While this has been a welcome development for the whole cryptocurrency ecosystem, this was a little bit counterproductive in attracting newcomers to the DeFi space. The perfect Reef Reeffinance Crypto Animated GIF for your conversation. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. In addition, it is much more affordable because it doesn’t have to suffer from the skyrocketing transaction fees in Ethereum, especially when considering the exuberance brought about ETH 2.0.
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