Altcoin News

Reef Token- Cross Chain Defi built on Polkadot

Reef Token created a huge expectations in the crypto industry

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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Jine Angel

A responsible HR Admin with good experience in an international pharmaceutical company. She is passionate about dedicating her time to share her perspective about crypto and blockchain technology.

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