Is Reef built on Polkadot?

Reef Finance (REEF) is a project built on Polkadot that attempts to simplify this. Reef is the first cross-chain crypto operating system in DeFi that facilitates the transfer of liquidity and tokens between different blockchains, including centralized exchanges (CEXs) and decentralized exchanges (DEXs).

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What happened Reef Crypto?

Reef Finance has become Reef , a Substrate-based layer-1 blockchain with smart contract functionality as part of its rebranding. The new iteration features rapid throughput, low transaction costs, high scalability, and offers on-chain governance without wasteful mining.

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