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Reef Tokenomics Announcement

Reef Finance has recently announced its $REEF Economic Model and details such as the raise allocation, token allocation, tokens allocated, token price, total round raise, fully diluted valuation, number of tokens released at TGE, circulating supply, initial full cap, total raise, etc.

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 access to liquidity from both CEXes and DEXes while offering smart lending, borrowing, staking, mining through AI driven personalized baskets.

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Reef is a smart contract blockchain built using Substrate framework. Reef chain provides high scalability, enabling low-cost transactions, and supports Solidity and Ethereum VM, allowing developers to seamlessly migrate their dApps from Ethereum without code change.

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Reef chain is an EVM compatible blockchain for DeFi. It is fast, scalable, has low transaction costs and does no wasteful mining.

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