Reef Finance has Integrating with 5X Margin Tool
Reef Finance has Integrating with 5X Margin* to Bring Leveraged Trading to Reef Chain
5x Margin Tool is a new product for leveraged trading and yield farming from Platinum Software Development Company, is being brought to Reef Chain.
5x Margin Tool will support trading on multiple decentralized exchanges, across various blockchains including Reef Chain, enabling additional interoperability and the free flow of liquidity to and from Reef Chain.
5x Margin and Reef users can have benefits:
— Access liquidity across Reef Chain, Ethereum, Polkadot, Avalanche, Cosmos, and Binance Smart Chain
— Trade and yield farm with up to 5x leverage, and much more.
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.
About 5x Margin Tool
5x Margin Tool is the main project that Platinum Development Software Company is currently working on. 5x Margin Tool enables users to take out under-collateralized loans and perform trades and farming with up to 10x leverage. The tool has a built-in Gas optimizer, re-distributing a share of the liquidation revenue to the users, and supports the most active members of the community.
