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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Fractional-algorithmic stablecoin protocol solution for crypto holders

Audience

Investors seeking a Blockchain for Next-Gen DeFi DApps solution

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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:

Review this Software

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

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

Categories

Integrations

Binance
MetaMask
Aave
Avalanche
CoinEx
Harmony
HitBTC
Kwikswap
Matcha
Morpho
Polygon
Substrate
SushiSwap
Torus
Uniswap
WalletConnect
WalletLink
vfat.tools

Integrations

Binance
MetaMask
Aave
Avalanche
CoinEx
Harmony
HitBTC
Kwikswap
Matcha
Morpho
Polygon
Substrate
SushiSwap
Torus
Uniswap
WalletConnect
WalletLink
vfat.tools
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