Reef Finance and Crust Network to Bring DeFi Mainstream Adoption with Polkadot
Reef is excited to announce that the Reef team will be working in collaboration with Crust Network a leading protocol for decentralized storage. Crust implements an incentive layer protocol for decentralized storage and is also capable of supporting a decentralized computing layer and building a decentralized cloud ecosystem.
Why Crust
Crust adapts multiple storage layer protocols including IPFS and provides support for the application layers of projects. At the same time, Crust’s architecture also can provide support for a decentralized computing layer to build a distributed cloud ecosystem.
Decentralized storage allows data from the Reef Finance platform to be stored on different hosts by distributing the files across the entire network without being restricted by any centralized entity. Flexibly managing data and effectively enhancing data security and reliability through data encryption, secure backup, authorized access and other means will be important for Reef Finance to scale up into a leading DeFi platform.
“I am excited to work with a team of the caliber of Crust Network which is a Substrate Builders Program Member and Web3 Foundation Grant Winner” said CEO of Reef Finance Denko Mancheski.
Reef will work closely with the Crust team to deploy quality DeFi products in the Polkadot ecosystem.
With Crust, Reef Finance can make cross chain DeFi a reality faster/today.
Twitter: @CrustNetwork
Telegram: Crust Network
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
Learn about Reef’s recent official news:
Twitter: @ReefDeFi
Telegram: https://t.me/reefdefi
About Crust
CRUST implements the incentive layer protocol for decentralized storage, and vision to building a decentralized cloud ecosystem.
