it still happening, I don't see anything about Reef now on Lendefi webpage or blogs...
(“Lendefi”) is pleased to announce it will be joining the Reef Finance, (“Reef”) ecosystem to facilitate the operation and growth of its lending protocol.
As an early adopter of Reef, Lendefi believes the decentralized nature of the Reef Chain will provide an ideal platform from which to achieve its protocol development and deployment goals.
We've concluded several major partnerships in the DeFi landscape and are looking forward to showing some of the latest updates soon.
Lendefi, which is the first lending protocol on Reef Chain, is an example of this. Lendefi is building a revolutionary lending protocol to help facilitate leveraged trading and secure lending in the trustless environment. The integration of the Lendefi protocol on Reef Chain allows easy introduction of a credit pool linked to Reef Chain.
Previously they had hired a developer to work solely on supporting Reef Chain (“RC”). Given at the time there was no active swap and liquidity on RC, they started by forking and combining components of Uniswap and Polkaswap on RC. During this process they sought ecosystem support in the form of a grant to continue development work. The grant application was submitted in early June, but has yet to be approved. Once the grant is approved they will re-commence development on RC.
Was the grant they applied for from Reef, if so, so it's still being assessed for approval?
https://medium.com/reef-finance/reef-finance-launches-20m-grant-fund-to-expand-reef-chain-development-bca4cb9f53a9
Ok, I hope Lendefi can get some of the grant money and continue developing on Reef chain, it looked promising, it looks like they testing something on bsc testnet
You're absolutely right, they're currently working hard to build something great on our Reef Chain.
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