Polkadot-powered DeFi platform Reef to utilize Pinknode for secure API endpoints » CryptoNinjas

    0
    6


    Reef Finance, the group constructing Reef Chain, a DeFi blockchain constructed utilizing Substrate Framework, lately introduced integration with Pinknode to offer safe and dependable API endpoints for Reef customers.

    The Reef Finance platform permits customers entry to a mess of DeFi merchandise throughout a number of chains by aggregating liquidity from essentially the most worthwhile centralized and decentralized areas.

    Pinknode is a Polkadot-only protocol that goals to empower builders with its node-as-a-service options for accelerating product life cycles by eradicating a whole layer of inefficiencies and complexities. Pinknode’s mission is to construct main infrastructure and distinctive instruments for builders. These instruments will empower groups to construct upon and enhance the event of Internet 3.zero protocol, Polkadot.

    “Pinknode’s group want to say a giant thanks to Reef Finance’s group for trusting us with the supply of node and API endpoint companies to them and their customers; this has been nothing in need of superb. We really feel extraordinarily privileged to be a part of Reef Finance’s mission on turning into a multi-chain DeFi protocol. We’re trying ahead to attaining nice issues with them.”
    – Eric Poh, Pinknode, CEO

    The Reef Finance group has developed Reef Chain, a quick, scalable, and EVM-compatible chain for DeFi functions. Reef Chain is presently within the canary model of the mainnet. The official mainnet is because of launch in a few weeks. Reef Chain is a personalized blockchain that enables builders to construct DApps or deploy present initiatives from Ethereum.

    Pinknode + Reef

    Firstly, Pinknode has been appointed as a key node supplier to Reef Finance; and can present the platform with community entry to Polkadot utilizing Pinknode’s safe and dependable API endpoints.

    Reef Finance has deliberate to make use of the atomic bridge for asset buying and selling on Polkadot that requires proprietary node service, and Pinknode’s node companies provide excessive throughput with low latency.

    The partnership may even allow Pinknode’s structure to expertise a large person visitors circulate. The collaboration will considerably improve Reef’s person expertise as customers will really feel the effectivity of Pinknode’s middleware infrastructure.

    “The Reef Finance group is happy to get the assist of Pinknode and its node companies; that won’t solely improve our person expertise however may even drastically impression our journey to make DeFi straightforward for everybody. This assist will take our efforts to assist customers of their DeFi operations to a different stage; and assist us obtain our platform objectives.”
    – Denko Manceski, Reef Finance, CEO