Reef is excited to announce that we will be working together with Paraswap in developing Reef, the first cross-chain DeFi operating system. Paraswap is the fastest liquidity aggregator with the best and most gas efficient prices. The completion of the integration will be followed by a separate announcement by the Reef team.
Why Paraswap
Paraswap is the fastest DEX aggregator that empowers dApps and traders with high liquidity and cheaper transactions.
“Besides adding an important addition to our liquidity aggregation layer in the future, the Paraswap team will go one step further — by improving the Uniswap’s router they will reduce the fee for trading Uniswap pairs by over 40%. Definitely a big value add for an ecosystem like Reef which puts a lot of effort into reducing the fees for participating in the current DeFi activities ” said CEO of Reef Finance Denko Mancheski.
With Paraswap, Reef Finance is one step closer to making DeFi a reality for the average retail investor.
About Paraswap
ParaSwap aggregates multiple decentralized exchanges into one place so that the rates often beat the market price. Paraswap splits orders across multiple exchanges into one optimized and secure transaction. Paraswap also uses GasToken.io (GST2), when possible, so that network fees are cheaper.
ParaSwap is free and doesn’t take any transaction fees.
Twitter: https://twitter.com/paraswap
Website: paraswap.io
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
