Reef

Reef

Reef Finance
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About

Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. Frax is a new paradigm in stablecoin design. Many stablecoin protocols have entirely embraced one spectrum of design (entirely collateralized) or the other extreme (entirely algorithmic with no backing). Collateralized stablecoins either have custodial risk or require on-chain overcollateralization. Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means FRAX is the first stablecoin to have part of its supply floating/unbacked.

About

Reef chain integrates the best aspects from most commonly used blockchains while maintaining full smart contract compatibility. Reef chain is an EVM compatible blockchain for DeFi. It is fast, scalable, has low transaction costs and does no wasteful mining. It is built with Substrate Framework and comes with on-chain governance. Port your existing applications from Ethereum to Reef chain without modifying your Solidity code. Deploy established ERC-20 assets on Reef and transfer liquidity between Ethereum and Reef chain. Reef chain is built with upgradability and long-term sustainable on-chain governance in mind. Reef chain features next-gen blockchain technology, utilizing Nominated Proof of Stake consensus, EVM extensions, on-chain upgradability, libp2p networking and state of the art cryptography.Reef chain is self-upgradable through the community elected Technical Council.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Fractional-algorithmic stablecoin protocol solution for crypto holders

Audience

Investors seeking a Blockchain for Next-Gen DeFi DApps solution

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 4.0 / 5

Pros & Cons from Real Users

Pros

  • Intricate staking protocol with a very capable interchangeable chain able to sustain entire game ecosystems.

Cons

  • Bad marketing and no mobile on-boarding access available.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Frax
Founded: 2019
Cayman Islands
frax.finance/

Company Information

Reef Finance
Founded: 2019
United Kingdom
reef.finance/

Alternatives

Alternatives

Apricot

Apricot

Apricot Lend
Kwikswap

Kwikswap

Kwikswap Protocol
TrueFi

TrueFi

TrustToken

Categories

Crypto Staking Supported
Yield Farms Supported

Categories

Blockchain Supported
DApps Supported
DeFi Projects Supported

Integrations

Binance Supported
MetaMask Supported
Arbitrum Supported
CoinEx Supported
Curve Finance Supported
Fantom Supported
Fyre Not Supported
Gate.io Supported
HTX Not Supported
MEXC Supported
NFTify Not Supported
Polygon Supported
Risk Harbor Supported
Torus Not Supported
Uniswap Supported
WalletConnect Not Supported
WalletLink Not Supported
Yearn Supported

Integrations

Binance Supported
MetaMask Supported
Arbitrum Not Supported
CoinEx Not Supported
Curve Finance Not Supported
Fantom Not Supported
Fyre Supported
Gate.io Not Supported
HTX Supported
MEXC Not Supported
NFTify Supported
Polygon Not Supported
Risk Harbor Not Supported
Torus Supported
Uniswap Not Supported
WalletConnect Supported
WalletLink Supported
Yearn Not Supported
Claim Frax and update features and information
Claim Frax and update features and information
Claim Reef and update features and information
Claim Reef and update features and information