What does reef coin do?

Reef is an EVM-compatible blockchain for smart contracts with low fees, high scalability and amazing user experiences . Earlier, Reef Finance offered a DeFi platform that helped users access liquidity from centralized exchanges (CEXs) and decentralized exchanges (DEXs).

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Where can I trade in the reef?

Where Can I Buy Reef (REEF)? Binance offers the largest number of pairs as of September 2020 offering trading against USDT, BTC, and BUSD, while Huobi Global also offers Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) options. It has also been listed on Gate.io and Bitfinex. Bitfinex also supports Reef Chain.

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How do you stake a reef coin?

While your Reef tokens are staked by nominating a validator , they are “locked” (i.e., bonded). You can receive new Reef tokens in your account but you cannot stake as a validator or transfer Reef tokens out from your account. You can un-nominate at any time to stop staking your funds.

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