Reef Finance is Co-operating with Finance.vote to Offer Users a Superior Governance and Trading Experience

Reef
2 min readNov 24, 2020

Reef Finance has joined hands with Finance.vote to provide Reef users with superior governance and price discovery systems

Finance.vote is developing a consensus layer for DeFi applications and a decentralized system for enhancing the governance of crypto networks, engaging in market discovery and socially coordinated trading.

Users who can correctly research as to how certain tokens will perform will get rewarded. Finance.vote also offers a second layer governance system, which will help users build influence, and a trustless social trading system, which will let users manage their money with other users.

With this partnership, the superior governance, voting and price discovery systems that Finance.vote provides will be integrated into Reef’s platform. Users will be able to use these features for proper asset risk management and for maximizing yield from their stakes.

Reef and Finance.vote will also focus on building asset baskets that are balanced from the market indicators generated by Finance.vote’s quadratic voting based prediction market system. The partnership will provide a unique value proposition to users that is unparalleled by any other yield aggregator or DeFi platform.

“We are excited to use Finance.vote to help govern the Reef platform,” said Reef Finance CEO Denko Mancheski.

“This collaboration between Finance.vote and Reef Finance, will open up an exciting development trajectory that will showcase how voting, price discovery and governance systems can meet with cutting edge AI and aggregation algorithms to optimize yields and generate risk minimised exposure to the DeFi space. Reef Finance has an outstanding team, invaluable experience and knowledge of working with the Polkadot ecosystem, and we look forward to working with them,” added Finance Vote’s founder Nick Almond.

About Finance.vote

Finance.vote is the consensus layer for DeFi. It is a governance platform designed to introduce quadratic voting technologies and mechanisms for price discovery to decentralised finance. The platform pushes prediction markets and DAOs into new territories, where users can earn tokens for accurate price predictions and participate in governance decisions. Finance.vote is DeFi 2.0.

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About Reef

Reef is the first cross-chain DeFi operating system built on Polkadot. With a seamless user interface, Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.

For more information about Reef, or to join our team, please contact us at: info@reef.finance

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Reef

Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef is the future blockchain for NFTs, DeFi, and gaming.