Reef chooses Aleph.im to supercharge crosschain DeFi
Reef has chosen aleph.im to decentralize the last mile of its app. We are excited to announce Reef as our first partner running on the newly completed aleph.im Polkadot integration. This partnership aligns perfectly with our strategy as Reef is in the DeFi space and goes full-steam in the new era of cross-chain DeFi composability.
Reef runs on Polkadot, it is a cross-chain DeFi operating system that gets liquidity from everywhere — both CEXes and DEXes — and connects with all the leading DeFi Protocols. Reef will offer smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
Reef is essentially your one-stop-shop for all things DeFi and CeFi
What Will Reef It Use Aleph.im For?
Reef leverages the aleph.im SDK to decentralize its database and computing needs. For example, instead of relying on traditional hosting for the user profile and social functions of the app, Reef will be able to provide these features in a fully decentralized, censorship-resistant manner through the aleph.im infrastructure. Aleph.im will also provide tech support to make sure this integration happens easily and find all possible synergies with our stack and ecosystem.
What Does It Mean For Aleph.im?
This partnership launches our position in the Polkadot ecosystem with a very promising project in which many highly regarded investors took part. It initiates our journey of integrations with more projects of an ecosystem we believe in and excited to already see so much traction for.