Raze Network Strategic Integration with Reef Finance

Published on: 13.07.2021

With this integration, Raze Network will implement its public-key homomorphic encryption to Reef Finance’s dApp ecosystem, allowing Reef ecosystem DeFi users to remain confidential if they so choose. Raze Network will power private, on-chain transactions for all of Reef’s DeFi users, across the dozens of DeFi protocols already building on Reef Chain.

 

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.

 

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.

 

Source

https://medium.com/reef-finance/reef-finance-is-happy-to-add-raze-network-for-private-defi-transactions-1f3321536bf1

Market Stats:
BTC Dominance: 58.52%(-0.05%/24h)
ETH Dominance: 11.85%(+0.17%/24h)
Defi Market Cap: $105.69B(-8.07%/24h)
Total Market Cap: $3087.52B(-0.86%/24h)
Total Trading Volume 24h: $125.62B(-8.13%/24h)
ETH Market Cap: $366.24B
Defi to ETH Ratio: 28.86%
Defi Dominance: 3.33%
Altcoin Market Cap: $1280.58B
Altcoin Volume 24h: $67.13B
Total Cryptocurrencies: 36602
Active Cryptocurrencies: 9150
Active Market Pairs: 116562
Active Exchanges: 903
Total Exchanges: 11527
BTC: 90574.29$(-1.04%/1H)
ETH: 3034.27$(-0.02%/1H)
AVAX: 14.86$(-0.11%/1H)
BNB: 879.41$(-1.17%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.42$(-1.44%/1H)
DOT: 2.28$(-1.55%/1H)
UNI: 6.09$(-1.19%/1H)
CAKE: 2.38$(-1.67%/1H)
SUSHI: 0.38$(-2.07%/1H)
ONE: 0$(-2.51%/1H)