RAZE Network and Reef Finance Partnership

RAZE Network is extremely excited to announce another huge addition to its Ecosystem: Reef Finance.

Reef Finance has quickly built up a reputation as a leader in the growing Polkadot DeFi ecosystem. Reef is building an EVM-compatible, layer-1 blockchain that is fast, scalable, offers low gas fees, and minimizes wasteful mining. Reef Chain is Substrate-based and offers on-chain governance.

Through this partnership, Raze Network will implement its public-key homomorphic encryption to Reef Finance’s dApp ecosystem, ensuring protocol interactions remain confidential. Using the novel “one-out-of-many” proof to hide sender and receiver identities and zero-knowledge proof schemes to guarantee payment consistency, Raze Network’s privacy-preserving modules will empower users of Reef Finance’s suite of DeFi options.

Offering the world’s first cross-chain DeFi operating system, Reef Finance gives users access to the most efficient and lucrative investment opportunities available in the DeFi landscape, while simultaneously lowering barriers to entry. Reef’s smart liquidity aggregator searches for the best liquidity from both centralized exchanges and decentralized protocols, which saves investors the hassle, time, and cost involved while interacting through multiple apps.

: “We are absolutely honored to offer our privacy-preserving services to Reef Finance users in the future. We believe that providing DeFi and Web 3.0 users with an additional layer of security and anonymity is fundamental to the future of the space”.

Justin Kellerson (Project Lead @ Raze Network)

About Raze Network

Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

About Reef Finance

Reef Finance is a DeFi platform that enables trading with access to liquidity from both CEXes and DEXes while offering smart lending, borrowing, staking, mining through an AI-driven personalized Reef Yield Engine. founder Denko Mancheski.

📰 INFO

https://raze-net.medium.com/raze-network-partners-with-reef-finance-db13898c02c8