Reef Finance x Pinknode Integration

Published on: 18.06.2021
Reef Finance x Pinknode Integration

Reef Finance announced a strategic partnership with Pinknode to provide secure and reliable API endpoints for Reef users.

Pinknode is a Polkadot-only protocol that aims to empower developers with its node-as-a-service solutions for accelerating product life cycles by removing an entire layer of inefficiencies and complexities. Pinknode’s mission in the DeFi space is to build leading infrastructure and exceptional tools for developers. These tools will empower teams to build upon and boost the development of the most promising Web 3.0 protocol, Polkadot.

“Pinknode’s team would like to say a big thank you to Reef Finance’s team for trusting us with the provision of node and API endpoint services to them and their users, this has been nothing short of amazing. We feel extremely privileged to be part of Reef Finance’s mission on becoming a multi-chain DeFi protocol. We are looking forward to achieving great things with them.”- Eric Poh, Pinknode, CEO.

Reef Finance makes DeFi easy by providing investors various lucrative DeFi opportunities. The platform allows users access to a multitude of DeFi products across multiple chains by aggregating liquidity from the most profitable centralized and decentralized spaces.

Reef Finance has developed a fast, scalable, and EVM-compatible chain for DeFi applications, Reef Chain. Reef Chain is currently in the canary version of the mainnet and the official mainnet is due to launch in the next couple of weeks. Reef Chain is a customized blockchain that allows developers to build DApps or deploy existing projects from Ethereum.

Reef Finance and Pinknode Partnership Vision

Reef and Pinknode’s partnership opens new doors for each other. Pinknode has been appointed as a key node provider to Reef Finance and will provide our platform with network access to Polkadot using Pinknode’s secure and reliable API endpoints. Reef Finance has planned to use the atomic bridge for asset trading on Polkadot that requires proprietary node service, and Pinknode’s node services provide high throughput with low latency, making it an excellent fit for Reef. The partnership will also enable Pinknode’s architecture to experience a massive user traffic flow. The collaboration will significantly enhance Reef’s user experience as users will feel the efficiency of Pinknode’s middleware infrastructure

“The Reef Finance team is pleased to get the support of Pinknode and its node services that will not only enhance our user experience but will also greatly impact our journey to make DeFi easy for everyone. This support will take our efforts to help users in their DeFi operations to another level and help us achieve our platform goals.”- Denko Manceski, Reef Finance, CEO.

What is Pinknode?

Pinknode is a Polkadot-only Infrastructure-as-a-Service project with the goal of accelerating adoption and empowering innovators to create applications on the most promising Web 3.0 meta protocol. By providing API endpoints through a streamlined onboarding process and maintaining secure, reliable, and scalable node infrastructure, Pinknode helps innovators jumpstart development and accelerates product life cycles.

What is Reef Finance?

Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Their vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.

📰 INFO:

https://medium.com/reef-finance/reef-finance-and-pinknode-come-together-to-provide-secure-and-reliable-api-endpoints-a839475db646

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