How ReefDeFi plans to Change The DeFi Space Leveraging on Polkadot Security and Interoperability by tboyloyal

reef · @tboyloyal · Jan 25 '21

$0.16

How ReefDeFi plans to Change The DeFi Space Leveraging on Polkadot Security and Interoperability

![reef 3 solutions 1.png](https://images.hive.blog/DQmf6CTU4G52Z2bQpu3TFFPXD7GQoy64PuMEraxGy8LVvue/reef%203%20solutions%201.png)

ReefDeFi is here to revolutionize the way that things are done by offering key elements in the system.
The coming of ReefDeFi will solve three massive issues that have plagued the DeFi space for a while.

## 1. Liquidity Problem

It's not news that liquidity problem is a big issue in the decentralized financing world. This issue is not limited to only a few aspects, as it is widespread. Both Centralized Exchanges and Decentralized Exchanges are dealing with a number of issues.

**The Centralized Exchanges' Issues**

• One issue that is common to the CEX is how easy it is to hack, compared to their decentralized counterparts. We have heard cases of users losing their cryptos because of a hack.

• Another issue that can be seen in centralized exchanges is how they contain isolated silos of liquidity for different coins.

• If you have used a centralized exchange, there is a great chance that it lists only a few coins. They tend to put a stringent list of requirements that coins had to follow before they can be listed.

**Decentralized Exchanges' Issues**

• They are not the easiest to use, and most times do not scream of user-friendliness. It may be a tough nut to crack for novices in the game.

• There's the issue of unstable liquidity, which is yet to be catered.

• The trades can be slow, and transaction time is a nightmare, sometimes, for users.

• Users, sometimes, notice how congested the entire system is.

## Some Issues in the DeFi Space That ReefDeFi Solves

1. Yield Farming's Technicalities

• Before one can gain entrance into this aspect, there is an extreme technical barrier of entry that one has to scale. This may not be an easy feat.
• Since it is complex, users have to spend a long time, trying to grasp what the technicalities of the projects are.
• It's not an easy feat to be remain diversified, and have your funds stored well at the same time. One may have to do one and forgo the other.
• Ethereum's gas fees are out of this world, and this takes a large part of one's profits.

2. Fragmentation Problem

• Usually, before one can access yield opportunities, he or she has to make do with numerous fragmented projects.
• Usually, users have to deal with numerous projects if they want to enjoy variety of decentralized finance activities such as farming, borrowing and lending.
• What the aforementioned leads to is users being forced to know how to use numerous platforms and how they work. Seeing one or two DeFi projects with every DeFi activity that one may need is rare.

## How Reef Solves This Issue?

Reef uses three important aspects, which are:
• Global Liquidity Aggregator
• Smart Yield Farming Aggregator.

**1. Global Liquidity Aggregator**

Reef is dedicated to offering DeFi users a gateway that allows them easily have access to the different tokens. These tokens are gotten from the DeFi space at large. Users can easily invest without knowing the order book, as Reef DeFi takes care of that aspect for them. This platform has taken it up a notch by offering access to liquidity from both centralized and decentralized exchanges, even when their order book is hidden.

**2. Smart Yield Farming Aggregator**

Users want something that can offer them access to the highest yield pools, and this is what Reef does with its Smart Yield Aggregator. It is powered by Artificial Intelligence and Machine Language powered Analytics Engine, which always scans the decentralized financing world regularly and offer realtime information.
It is designed to be non custodial in nature, and adds the REEF token and pool. Users can be able to enjoy the perks of compound gains and yield farms.

[Source ](https://www.publish0x.com/tochi-blog/how-reefdefi-will-change-the-defi-space-xqkqmne)

👍 communitybank, lefty619, netzisde, citizendog, beta500, firstamendment, jasonshick, mammasitta, fantasycrypto, iptrucs, tokensink, kitalee, filosof103, techken, trisolaran, yangyanje, andylein, travelnepal, zacherybinx, anthony2019, joelagbo, tezzmax, chungsu1, tomlee, peterpanpan, battebilly, benie111, d-vine, marivic10, hjmarseille, dashfit, steemegg, jsalvage, marvel1206, pearlumie, fredkese, blainjones, realblockchain, randomblock1, chris4210, nascimentoab, psygambler, hardaeborla, kdee916, tomatom, xanderslee, realkiki85, stevenson7, calebotamus, swirly, stephennevets, joshglen, frankydoodle, steemboat-steve, yestermorrow, nucleus-tezz, minnowspeed, unicron, steemian258, psyo, sixexgames, botefarm, mengene, mowemu, and 119 others

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psygambler	4,643,649,301	32.5%
randomblock1	4,881,173,154	65%
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roguewriter	611,801,976	32.5%
dashfit	7,019,921,212	32.5%
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daj	632,584,467	32.5%
ihsan19	605,749,786	65%
sixexgames	3,270,190,200	32.5%
travelnepal	15,266,137,513	32.5%
more4less	2,317,190,264	65%
frankydoodle	3,751,910,070	32.5%
mrstaf	1,267,506,472	32.5%
christianolu	973,032,642	90%
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friesennerz	1,666,227,350	32.5%
firstamendment	53,235,865,072	50%
gingerninja	1,876,152,237	10%
techken	21,064,943,012	32.5%
zacherybinx	14,313,824,968	65%
makrotheblack	2,754,693,186	32.5%
blackmagic	2,088,650,791	65%
fatherfaith	1,590,462,376	32.5%
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jasonshick	49,743,495,975	10%
emekasegun	880,890,122	32.5%
pearlumie	5,833,418,322	32.5%
onyi	547,287,606	52%
yajirang	1,114,722,880	32.5%
tezzmax	11,294,185,896	32.5%
tochprince	899,700,414	32.5%
gnarlyanimations	1,158,739,368	65%
yangyanje	17,295,600,648	8.5%
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gotgame	1,362,494,279	32.5%
bcrafts	1,526,262,502	13%
gregan	1,271,584,655	65%
saifulanwar	562,599,958	32.5%
battebilly	8,467,957,756	32.5%
airhawk-project	1,327,512,103	65%
kdee916	4,294,248,479	32.5%
kerry234	535,935,262	65%
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tboyloyal	564,103,589	32.5%
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motivatorjoshua	1,181,508,122	65%
steeminer4up	578,182,562	32.5%
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stevenson7	4,104,976,021	32.5%
tomatom	4,240,560,978	32.5%
d-vine	8,307,668,116	17%
akumar	1,421,370,018	65%
azmielbanjary	2,259,092,840	32.5%
thedrewshow	534,358,880	65%
benie111	8,307,837,587	26%
sholly1	1,193,169,573	26%
eprolific	2,558,630,085	65%
irisworld	749,388,338	32.5%
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steemboat-steve	3,700,928,515	16.25%
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cheesom	833,222,679	32.5%
kamalkhann	824,290,900	32.5%
babaj	534,618,901	65%
fantasycrypto	39,417,314,161	32.5%
oredebby	2,774,290,515	32.5%
photohunter2	585,662,392	32.5%
chungsu1	10,169,809,331	32.5%
preciousimo	952,382,432	65%
sportsconnect	2,858,252,015	65%
kitalee	30,572,287,739	32.5%
technologix	2,579,732,430	65%
joshh71390	1,907,403,681	32.5%
michelmake	1,062,775,698	32.5%
joelagbo	11,711,886,203	32.5%
atjehsteemit	599,244,502	32.5%
evepontes	752,483,502	100%
sunshinebear	1,107,847,095	32.5%
nucleus-tezz	3,654,829,293	32.5%
ai1love	797,028,232	32.5%
botefarm	3,260,538,196	50%
comidinhas	698,674,950	100%
carloniere	662,887,599	65%
laviniatherapist	2,710,161,431	55.25%
blainjones	5,160,213,089	13%
gifty-e	532,332,124	65%
jacksondavies	1,696,638,655	32.5%
realblockchain	5,136,093,416	20%
calebotamus	4,069,733,003	100%
ashley4u	1,777,090,324	32.5%
thomaskatan	861,157,129	45.5%
netzisde	88,363,456,703	65%
trisolaran	17,786,407,378	32.5%
realkiki85	4,186,107,164	100%
dawizy	1,047,428,779	52%
hardaeborla	4,325,839,534	32.5%
citizendog	84,534,457,202	65%
ihal0001	649,841,905	32.5%
femseen	977,620,708	70%
steemian258	3,497,152,329	32.5%
mayorfaruk	2,642,639,377	19.5%
fabrik	2,228,113,761	65%
juanhobos	529,703,839	32.5%
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lebey1	2,241,713,593	32.5%
minnowspeed	3,618,650,051	50%
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paololuffy91	1,214,470,984	26%
angoujkalis	1,033,059,636	32.5%
predict-crypto	2,330,578,007	1.3%
edward-abu	536,780,576	65%
topworlds	1,717,519,187	48.75%
sirpee6	2,295,479,345	32.5%
ennydee	528,873,350	32.5%
starbooks	2,013,645,971	32.5%
martinstomisin	1,584,384,733	32.5%
kork75	1,192,605,296	32.5%
fire451	969,752,526	65%
starfighter	606,948,289	65%
steemegg	6,708,698,533	16.25%
jtm.support	2,513,611,491	32.5%
ava77	1,736,586,692	16.25%
parth7878	1,267,159,280	32.5%
anthony2019	12,392,709,864	32.5%
lefty619	89,076,414,936	65%
filosof103	23,413,098,585	32.5%
hungryanu	1,056,286,384	19.5%
bitcoingodmode	1,319,408,318	48.75%
zackarie	894,987,125	32.5%
swirly	4,056,326,842	32.5%
loudutim	2,573,327,938	32.5%
oemplus	692,677,109	32.5%
thesoundof	1,948,238,478	100%
dec-collector	543,654,834	65%
psyo	3,395,679,176	32.5%
tomlee	8,998,516,337	45.5%
hyborian-strain	752,828,408	9.75%
tokensink	30,697,867,960	65%
beta500	53,975,954,585	65%
drlobes	1,927,260,069	32.5%
successchar	1,436,679,679	32.5%
kaeves4711	3,032,826,844	80%
andylein	16,162,330,452	20%
coinlogic.online	1,291,092,627	32.5%
mowemu	3,176,344,025	32.5%
vikas612	551,876,693	32.5%
hjmarseille	7,033,155,983	45.5%
passthestixxx	537,196,694	65%
usualsidekick	535,770,965	100%
mengene	3,236,429,275	32.5%
maxwellelisha19	743,572,797	32.5%
peterpanpan	8,772,566,199	6.5%
ayoyemi1	530,812,321	32.5%
abkevwe	535,957,856	32.5%
hive-homeland	1,452,284,408	32.5%
jsalvage	6,019,153,038	32.5%
dotnb	578,360,742	32.5%
unyime1	1,627,468,302	32.5%