Reef and Unifi Protocol Partner to offer Reef users Investment Baskets through Unifi’s Pools

Reef
Reef
Published in
3 min readJan 21, 2021

Reef Finance has joined forces with Unifi Protocol to allow Reef users to utilize earning opportunities on Unifi’s platform and will provide liquidity into Unifi’s pools. Users will be able to access multiple pools through UNFI basket based on 3 pools that the Reef analytics engine will propose.

Unifi Protocol is a group of non-custodial, interoperable, decentralized and multi-chain smart contracts, which provide the building blocks for the next generation of DeFi products. Unifi Protocol is designed to provide functional DeFi building blocks linking multiple blockchains together into one large DeFi marketplace. uTrade, a trading platform built on the Unifi Protocol that enables token exchange utilizing liquidity provided by incentivized liquidity providers, is the working proof of concept for Unifi’s technology.

Reef Finance is the world’s first cross-chain DeFi operating system. Reef offers users a smart liquidity aggregator and an AI powered personalized yield engine, that enables users to trade with access to liquidity from both CEXs and DEXs. Reef’s sophisticated algorithms explore the DeFi landscape to bring the best DeFi investment options to users.

This partnership will allow Reef users to utilize the yield generating opportunities and earn interest through Unifi’s platform. Unifi creates and connects multi-chain DeFi marketplaces by enabling low-cost and straightforward cross-chain trading. Users will be able to take their Ether and convert it into three pools — for example into Pool #1 Token, Pool #2 Token, Pool #3 Token and with one click get three different tokens.

With this collaboration, Reef will connect investors to one more crucial player of the DeFi ecosystem. Unifi aims to be a multi-chain and non-custodial decentralized swap and complete DeFi Protocol. Reef is the easiest way to get into DeFi, and by forging such meaningful partnerships with other upcoming players in the DeFi world, Reef will continue to provide users with the best access to liquidity and yield opportunities.

“Reef’s users will be able to seamlessly participate in utilizing the Unifi Protocol platform benefits including interest bearing products and have access to baskets with UNFI token, helping usher in mainstream DeFi adoption” said Denko Mancheski CEO of Reef Finance.

Summary:

💪Unifi Protocol unifies the multi-chain DeFi world. This allows Unifi to be a multi-chain and non-custodial decentralized swap and complete DeFi protocol.

🚀Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs, while offering DeFi products through AI driven personalized Reef Yield Engine.

⛳️The partnership will allow Reef users to earn interest through Unifi’s platform.

About Reef

Reef is the first cross-chain DeFi operating system built on Polkadot. With a seamless user interface, Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXes and DEXes while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.

For more information about Reef, or to join our team, Please contact us at: info@reef.finance

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Reef
Reef
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Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef is the future blockchain for NFTs, DeFi, and gaming.