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See the live Reef price UK. Buy Reef in the UK or add it to your Crypto Strategy.

Reef

REEF

REEF to GBP Price

£0.001159

Reef Market Cap

£26.45M

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REEF GBP price chart / performance

REEF GBP price chart / performance

From
Jun 16, 2024
To
Jun 23, 2024
Past performanceis not indicative of future results. GBP (£) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
+2.62%
Return (7D)
-11.98%
Return (1M)
-32.28%
Return (1Y)
-11.26%

My Investment

My Investment

Profit Taken
£0.00
0.00%
You Have:
Unrealised P/L
£0.00
0.00%

Reef (REEF) History and Overview

Reef (REEF) History and Overview

Reef Finance (REEF) is a decentralized platform built on blockchain technology, aimed at providing DeFi (Decentralized Finance) services and products. It distinguishes itself as the first cross-chain trading platform that integrates both centralized and decentralized exchanges to offer optimal yield rates for traders and support for DeFi decentralized applications. Additionally, Reef Finance introduces the Reef Yield Engine, powered by artificial intelligence, to facilitate smart borrowing, lending, mining, staking, and other DeFi activities. The live Reef to GBP conversion is £ 0.001158.

A significant milestone for Reef Finance was the launch of its own smart contracts blockchain, known as Reef Chain. This chain is compatible with the Ethereum Virtual Machine (EVM), making it possible for developers to migrate their Ethereum-based applications onto Reef Chain. This move aims at providing developers with a platform that offers scalability, low fees, and a range of features tailored for Dapp development.

Reef Finance's primary mission is to streamline the DeFi landscape by aggregating the best opportunities within a unified ecosystem. This approach is increasingly vital as the blockchain and decentralized finance markets grow more crowded with a plethora of tokens, cryptocurrencies, and investment opportunities. The REEF token, serving as the utility token of the Reef protocol, plays a central role in this ecosystem, acting as the main payment method and store of value.

The operational backbone of Reef Finance is its ability to aggregate liquidity from various sources, enabling cross-chain trading across different DeFi platforms like Aave, Uniswap, Synthetix, and Compound. This functionality is facilitated by the Reef Basket Engine, which comprises the Reef Intelligence Engine and the Reef Smart Yield Engine. The latter is an AI and machine learning-powered engine that automates the creation of digital asset baskets for investment, supporting features like staking, liquidity farming, and insurance. The Reef Intelligence Engine, on the other hand, acts as an oracle, providing real-time data such as asset prices and liquidity pool activities.

The value of Reef Finance and its REEF token is derived from its technical capabilities, technology, use cases, and relevance in the burgeoning DeFi sector. As the DeFi sector grows in popularity, so does the intrinsic value of Reef Finance. However, the market value of REEF can experience frequent and significant fluctuations.

REEF has a finite supply, similar to Bitcoin and other cryptocurrencies, which serves as an anti-inflation mechanism. The token's supply is gradually released into circulation, with an emission schedule extending until the end of 2025. Notably, REEF is deflationary as transaction fees are burned, reducing the total supply over time.

Reef Finance is secured through the Nominated Proof of Stake consensus mechanism and benefits from the shared security model of the Polkadot network. The network's security is further enhanced by a decentralized autonomous organization (DAO) run by REEF holders, involving validators and nominators in the network's validation process.

Users can leverage Reef Finance for a variety of DeFi activities, including staking, liquidity mining, trading, investing, and engaging with Dapps. The REEF token facilitates network governance, staking, fee payment, borrowing, lending, and liquidity mining. For storage, users can choose between hardware wallets for security, software wallets for convenience, or online wallets for ease of access, depending on their needs and the amount of REEF they wish to store. The current price of 1 REEF in GBP is £ 0.001158.

How To Buy Reef or Add it to your Strategy

The fastest, most convenient way to purchase Reef is to purchase it on ICONOMI. We check Reef live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Reef by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Reef is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Reef, we recommend you read the next section, as copying might be a better approach.

Add Reef to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Reef in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Reef REEF. See all Reef price predictions in real time and make the best use of their crypto knowledge.

TITANIUM SKYHIGH
11 Apr, 2024

Rebalans naše strategije ⚖️


Pravkar smo zaključili rebalans portfelja Iconomi Titanium Skyhigh. Ta strateška prilagoditev je vključevala zmanjšanje alokacij nekaterih tokenov in povečanje alokacij drugih.


Po strateškem pregledu so bili iz portfelja odstranjeni naslednji tokeni: Siacoin ($SC), Filecoin ($FIL), Alpha Finance ($ALPHA), Reef ($REEF), NEM ($XEM), Sushi Swap ($SUSHI), Band ($BAND) in Balancer ($BAL). Ta sprememba daje prednost inovativnim projektom z močnimi razvojnimi načrti in se osredotoča na nastajajoča področja na področju kriptovalut.


Pri Jasmy ($JASMY) smo ohranili trdno prepričanje o potencialu tokena Jasmy (JASMY), zato alokacija ostaja 12,04-odstotna. Strateško smo dodali token Thorchain ($RUNE) zaradi inovativnih rešitev DeFi in družbo Ocean Protocol ($OCEAN) zaradi vloge v podatkovnem gospodarstvu in posledic umetne inteligence. S tem smo povečali razpršenost in se pripravili na prihodnjo rast. $OCEAN in $RUNE ter ostalih 10 preostalih tokenov imajo zdaj vsak po 7,33-odstotno alokacijo v portfelju.


Z enakomernejšo porazdelitvijo teže portfelja želimo zmanjšati koncentracijo tveganja, s čimer želimo ublažiti vpliv uspešnosti posameznega žetona na celoten portfelj.

One person likes this
Andy Storm
2 Jan, 2024

I added the last asset on my strategy: $REN! On this #altseason I bet on the next coins: $BAL, $BAND, $1INCH, $RSR, $REEF, $COTI, $FIL, $GALA, $ALPHA, and $OGN. As I said already, for these I expect a win between 7x and 20x if they will reach at least 0.618 #fibbo! If they will reach more than that then I will consider a bonus. My strategy here: https://www.iconomi.com/asset/CRYPTOALLIEN

5 people like this
Andy Storm
1 Jan, 2024

New info!! I tell you that #bitcoin broke 50 Moving average on 6 hours TF, it has not been above since December 28. It is above 20 moving average on 12 hours TF, also since December 28 it has not been there. $43,400 is the area with difficulty now, pass that and $45,000 is in play! For this reason I added to my strategy: $GALA, $RSR, $REEF, $BAL, $ALPHA and $OGN.

My strategy here: https://www.iconomi.com/asset/CRYPTOALLIEN

7 people like this
NewFutureTokens
3 Dec, 2021

NewFutureTokens ATH up from 300% (5th Nov) to 420% today (3th Dec)

Lets keep on Flying

Rebalanced again and added some WEB3 projects.

$FTM $REEF $NEAR $WAN

$ENJ removed

Have a nice weekend

The flying Dutchman

3 people like this

I think I came at the wrong moment. I'm already at -20% what's your next move ? Why not switching to full usdt before the actual dump ?

good game, another flying Dutchie

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Reef Price FAQ

What Is the Highest Price of Reef in GBP?

Reef price UK history shows the highest value of 0.04 GBP . We recorded this price on February 14, 2021, but we cannot exclude that a higher price was registered before February 11, 2021.

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