Reef Finance Partners with Polkalokr to Simplify DeFi for Everyone

[EAA-ALLAH]

Reef Finance, a Polkadot-based cross-chain DeFi operating system, has partnered with Polkalokr, an escrow platform for token economies, to provide its users the safest DeFi investment ecosystem.
In a blog post published on Wednesday, May 26th, Reef Finance said that the addition of Polkalokr would add a layer of trust and transparency to its platform and value to the projects participating in its brand new IDO platform, ReefStarter.
Reef Chain is an EVM-compatible smart contracts blockchain, built on Polkadot Substrate. At its core, Reef is a DeFi protocol that offers a great trading experience to users by giving users access to liquidity from both CEXes and DEXes with its smart liquidity aggregator and yield engine. Notable features of the Reef are low transaction costs and on-chain governance. As reported, Reef Finance has recently raised $20 million from Alameda Research that purchased REEF tokens thus becoming a significant stakeholder in the REEF Ecosystem.
Polkalokr aims to offer the right solutions to the problems that complicate the tokenomics system with its trustless, concise, customizable, and enterprise-focused escrow. LOKR and SWAPR are their two flagship products. Source

[fallenangel1789]

REEF is the biggest disappointment of this year for me. Unfortunately, faults of the team killed such a promising project. I have never seen such unprofessional management. There are still too many promising developments but no one trusts its fool founder. He is not the only person who f.cked the REEF and I should add FTX and Alameda too. The last two are manipulators of this space and I hope one day regulations will f.ck them too.