Reef Finance Announce HAPI is Joining Reef Chain Ecosystem

Published on: 27.07.2021

One of Reef Finance’s primary goals for Reef Chain is to make cross-chain liquidity aggregation easy and fluid, while making DeFi easy and mitigating any potential security vulnerabilities.

HAPI aims to fend off attacks against blockchain protocols by allowing developers to integrate HAPI’s security technology into smart contracts. With specifically designed oracles, HAPI enables a real-time stream of data on stolen, malicious, and fraudulent activities, helping prevent or even halting a catastrophic loss of funds from happening. HAPI operates both preemptively to act on a potential exploit, and as an immediate tool to stop further exploitation of an attack that has already started.

About HAPI

HAPI is a set of cross-chain smart contracts that are embedded into DeFI products that allow them to reach a new security level. Also, HAPI’s Oraclizing and DAO system delivers SaaS in the DeFi environment that prevents hack attempts.

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.

➡️Source:
https://medium.com/reef-finance/reef-finance-thrilled-to-announce-hapi-is-joining-reef-chain-ecosystem-ab3b2f88eb07

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