Fri, December 1

Reef Token- Cross Chain Defi built on Polkadot

Altcoin News

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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