Reef Finance has rebranded as Reef. For more info, visit their Medium.

REEF Reef

$0.00007259

-0.69%

Reef (REEF) Price Chart

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1H +0.75%
24H -0.69%
1Y -86.56%

Rank #N/A
Market Cap 0.00% -
24H Spot Volume -89.00% $60,984.94
24H Volume / Market Cap -
Circulating Supply -
Total Supply -
Max Supply 19,518,071,844.00
Fully Diluted Valuation $1,416,908
API ID reef
Project Start Date -
Contracts & Explorer(s) 0xfe3...35acf
Websites Website
Links

About REEF

Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading.

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.

REEF is the native token that is used for: Fees for processing transactions and storing data; Running validator nodes by staking REEF tokens.; Nominating which validator nodes should be part of the network.

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