Yieldparrot x Reef: Yieldparrot.finance Forms a Strategic Collaboration with Reef Finance
We’re thrilled to announce that we’ll be collaborating with Reef Finance, the builders of the Ethereum VM-compatible smart contract blockchain called Reef Chain.
Тhis integration will bring asset yield farming and co-marketing for both communities. REEF-BNB LP will be available for all REEF holders. We’ll be bringing the best of both projects to each community, expanding the reach of Yieldparrot ecosystem, and providing Reef users access to our innovative and smart investment strategies.
We aim to deploy REEF — BNB LP really soon and to contribute our technology and existing data partnerships like the Reef ecosystem. We welcome the Reef community to join the conversation in steering Yieldparrot forward in the multi-chain world we want to operate in.
We know that we are already living in a multi-chain world, a paradigm that will only be more entrenched over time. We are excited to extend our parntership ecosystem for interoperability across more chains. Now including Reef Chain and this way support Reef Finance’s vision of making DeFi easy.
Yieldparrot and Reef will be working on Co-Marketing such as AMA for both communities. In addition to this, we are going to share important resources and begin to work in depth on more integration mechanisms.
We are going to have an AMA in our group to know in depth the proposal of a great project like Reef Finance.
The Reef community will learn about the innovative proposals that we are launching into the ecosystem from Yieldparrot and how we continue on the path to growth.
About Reef Finance
Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.
What is the Reef Chain?
Reef chain is a smart contracts blockchain that is backwards-compatible with Ethereum EVM (and the Solidity programming language). Reef chain is however much more advanced than Ethereum, with its most notable features being on-chain governance and low transaction costs.
What is the Reef Token?
Reef token is the native currency on Reef chain, and is used for transaction fees (gas) and on-chain goverance (NPoS and PoC). Reef token is also available as ERC-20 on Ethereum and BSC and is convertible 1:1 with native Reef chain tokens.
What is Reef’s mission?
Reef’s mission is to make DeFi easy and accessible to more people.