Reef Finance Collaborated With Elk Finance
Elk Finance announce it will be building on Reef Chain, a fast-growing multi-chain DeFi ecosystem. Importantly, Elk are also building a robust and elegant infrastructure on top of their cross-chain functionality to support various features that currently are either impossible or very hard to achieve.
This collaboration will further enhance Reef’s potential for offering high liquidity, novel use cases for DeFi regardless of which blockchain the native liquidity is available on. More details will follow closer to Elk’s launch on Reef Chain.
About Elk Finance
Elk Finance is a cross-chain liquidity network, allowing for instantaneous exchange of tokens between chains. Elk Finance also aims to provide the first gyroscopic stablecoin (CHFT) available on multiple chains for blazing fast payments anytime, anywhere. The Elk stablecoin, CHFT, has not been released yet. When it is, you will be able to purchase it right here or on other exchanges. You can also opt to burn some ELK to mint the stablecoin.
About 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. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.
