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: 60.11%(-0.06%/24h)
ETH Dominance: 10.18%(-0.06%/24h)
Defi Market Cap: $0B(+0.33%/24h)
Total Market Cap: $2635.43B(-2.69%/24h)
Total Trading Volume 24h: $100.72B(-1.39%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1051.29B
Altcoin Volume 24h: $61.8B
Total Cryptocurrencies: 37518
Active Cryptocurrencies: 8442
Active Market Pairs: 114242
Active Exchanges: 941
Total Exchanges: 12144
BTC: 79091.33$(-0.21%/1H)
ETH: 2223.31$(-0.17%/1H)
AVAX: 9.55$(-0.21%/1H)
BNB: 673.11$(-0.18%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.26$(-0.2%/1H)
DOT: 1.32$(-0.17%/1H)
UNI: 3.61$(-0.4%/1H)
CAKE: 1.5$(-0.19%/1H)
SUSHI: 0.22$(-0.17%/1H)
ONE: 0$(-0.16%/1H)