Reef Finance


Name

Reef Finance

Summary

-Reef finance was founded by Denko Mancheski in 2019.
-Reef chain is an EVM compatible blockchain for DeFi.
-It is built with Substrate Framework and comes with on-chain governance.

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Rating

B

Symbol

REEF

Overview

Reef Chain compiles the most minute features of frequently used blockchains while maintaining full smart contract compatibility. This is quick, scalable, efficient mining which is low on transaction costs. It comes with on-chain governance and is built with Substrate Framework. Reef Chain is made with upgradability and long-term sustainable on-chain governance in mind.

Historical Price Movement (in INR)

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Technology

Reef is built with Substrate, has EVM support and uses Nominated Proof of Stake consensus. It has higher transaction throughput than legacy Ethereum, and is more efficient with blockchain storage.

Staked coins

38.2%

Volume ( as of 26Th April)

$46,438,180

Total Supply

18.79B REEF

Circulating Supply

18.79B REEF

Crowd Sales

Reef finance raised $23.9M from 4 funding rounds

Funding

12/03/2021-ICO-$20M
28/10/2020-Venture Round-N.A
16/10/2020-Seed Round-N.A
09/09/2020-Seed Round-$3.9M

Country

UK

Year Incorporated

2019

Registered Address

n.a

Dispute Resolution and Governing Law

UK

Country Risk Assessment

A1

Founding Team
Name Designation Education Experience
Denko Mancheski CEO and Founder University of Ljubljana, Faculty of Computer and Information Science 12yrs