basket, ecc, so reef are not anymore "the gateway" "the bridge" from defi and cefi, and the other thing like unite different defi protocol?
Exactly. Reef is a layer1 blockchain espacially developed for other projects which want to develope a DeFI, NFT or gaming project on top of the ReefChain.
Thats why we rebranded a couple of months ago to just "Reef". No Finance anymore.
Earlier this year, Reef Finance made the pivotal decision to change it’s primary goal: instead of being a decentralized finance (DeFi) focused parachain on Polkadot, Reef would launch its own layer 1, Ethereum virtual machine (EVM) compatible blockchain. This had the immediate impact changing Reef’s trajectory as a DeFi operating system into a Substrate-based smart contract blockchain that could soon offer Solidity developers the same integrated development environment (IDE) tools they use now, but with low contract deployment costs, a Nominated Proof of Stake blockchain with low carbon footprint, and in-place upgrades that don’t require hard forks.
...Reef to be a premiere platform for any builder, making it easier than ever to supplement DeFi with other products, provide a terrific development experience...
Ok thx, but the work we do since we start, like basket engine, reef liquidity bridge, all the work are gone?
We will have also Liquidity Bridges. But yes, baskets are no longer developed as far as i know.
What liquidity bridge do? And thx for the info❤️
Liquidity bridges are connections that help bridge one chain to the other, enabling users to move their assets between systems in a secure way.
Friends, the number has increased again, why? 17.780.715.935 B @denkomanceski
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