Binance the world’s best cryptocurrency exchange has recently listed the REEF token. Active trading on finance has started with USDT and BTC pairing. (REEF/BTC, REEF/USDT)
- REEF the first token to build on Polkadot.
- REEF token is expected to reach above $0.05USD in 2021.
About Reef:
Smart liquidity aggregator and yield engine that enables trading with access to liquidity from both Centralized and Decentralized exchanges. A multi-chain smart yield engine and liquidity aggregator powered by Polkadot.
According to Binance Exchnage,
Supported Pools:
- Stake BNB: 360,000,000 REEF in rewards (60%)
- Stake DOT: 180,000,000 REEF in rewards (30%)
- Stake BUSD: 60,000,000 REEF in rewards (10%)
- Farming Period: 2020/12/23 0:00 AM (UTC) to 2021/01/21 11:59 PM (UTC).
Farming Distribution
| Dates (0:00:00 to 23:59:59 UTC each day) | Total Daily Rewards | BNB Pool Daily Rewards | BUSD Pool Daily Rewards | DOT Pool Daily Rewards |
|
2020/12/23 – 2020/12/28
|
50,000,000 REEF
|
30,000,000 REEF
|
5,000,000 REEF
|
15,000,000 REEF
|
|
2020/12/29 – 2021/01/05
|
15,000,000 REEF
|
9,000,000 REEF
|
1,500,000 REEF
|
4,500,000 REEF
|
|
2021/01/06 – 2021/01/21
|
11,250,000 REEF
|
6,750,000 REEF
|
1,125,000 REEF
|
3,375,000 REEF
|
Source: Binance REEF Token News
Enjoy farming REEF tokens by staking DOT, BUSD, and BNB.
Use Case of REEF:
- Governance
- Protocol Fees
- Staking
- Yeild Distribution
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