Reef Finance partners with Akropolis and Paralink
Akropolis is a platform that offers users the necessary implants to effortlessly save, invest and grow for their future needs, without having to deal with centralized bodies or stringent rules. Here, people won't have to worry about dealing with guidance created by numerous intermediaries.
Its team created the AkropolisOS to make this come to fruition. AkropolisOS is a light and modular platform that can be used to churn out for-profit DAOs that possess peculiar functionalities like automated liquidity provision, treasury management, and so on. The team believes that users of Akropolis’ platform will have access to numerous decentralized features via the platform like liquidity pools.
Reef Finance, on the other hand, is dedicate to simplifying decentralized financing. It offers users access to intruding decentralised financing investment opportunities in existence, and it does this via its smart liquidity aggregator. The smart liquidity aggregator allows traders to have access to decentralized exchanges' liquidity and centralized exchanges' liquidity.
The Reef Yield Engine is driven by Artificial Intelligence and it personalizes options, thereby permitting users to carry out rational decisions on their DeFi investment properties.
Akropolis tends to offer members of the DeFi community a yield farming aggregator with dollar cost averaging tooling called, Delphi. With Delphi, users will be able to earn gains on synthetic savings, and so on. The partnership between both DeFi giants will allow users of the Reef framework to benefit from the perks obtainable on Delphi.
Reef Finance also partnered with another platform, Paralink. It's not news that Reef Finance allows traders to have access to the liquidity gotten from decentralized and centralised exchanges. It also offers staking, borrowing, lending via a Reef Yield Engine that is highly personalized.
For the Reef Platform to work effectively, it is needs cryptos' genuine data feeds to be shown. What Paralink does is to look for, verify and gather the necessary data in real time in the Polkadot's and Ethereum's smart contracts.
Those decentralized apps that need top notch security utilize Paralink on-chain consensus algorithm, which works on Polkadot Substrate. Doing this has drastically reduced the cost unlike what would have been obtainable on Ethereum if the same computation had been carried out there.
One reason that Reef decided to partner with Paralink is because of the flexibility of the node design of Paralink. The flexible node design permits developers to effortlessly query their data, as they can do this via Paralink Query Language. It also links the decentralized world with the traditional realm because it links the smart contracts with the traditional web APIs in a short period. This means that users of Reef will have access to accurate data that have been verified in real time.
Reef Finance keeps on partnering with intriguing platforms in a bid to improve its ecosystem and push for the massive adoption of decentralized finance projects. Its quest to better itself can be seen in its partnership with two DeFi giants, Akropolis and Paralink. We are expecting to see more.