Reef Finance Collaborates With Pinknode

By Olufemi Stephen | Crypto Base | 21 Jun 2021


Recently, Reef Finance announced a collaboration with Pinknode, which will offer safer and studier API endpoints for those using the former. 

Pinknode is built on Polkadot, with the purpose of allowing developers to access node-as-a-service solutions, which improve the life cycle of their products. It takes out the issues of complexity and inefficiency. 

The aim of Pinknode is to offer innovative tools that developers can use in making their dApps. With these tools, developers will easily create dApps on Polkadot.

According to Pinknode CEO, Eric Poh,

“Pinknode’s team would like to say a big thank you to Reef Finance’s team for trusting us with the provision of node and API endpoint services to them and their users, this has been nothing short of amazing. We feel extremely privileged to be part of Reef Finance’s mission on becoming a multi-chain DeFi protocol. We are looking forward to achieving great things with them.”

 

On the other, Reef Finance is a DeFi ecosystem that is offering investors access to incredible DeFi opportunities. Users of Reef Finance have access to a myriad of dApps on different chains, while aggregating liquidity from CeFi and DeFi ecosystems. 

At the moment, Reef has a highly scalable EVM-compatible chain that can be used by dApps, the Reef Chain. The Reef Chain permits dApps owners to deploy them from Ethereum or create new ones there.  

 

What The Partnership Will Achieve

By both leaders in the DeFi world partnering with each other, it means that new innovations will find their way into the DeFi space. Pinknode is now the key node provider to Reef Finance. It will give Reef Finance access to the Polkadot ecosystem via the safe and reliable API endpoints that Pinknode offers. 

The node services that Reef Finance offers possess low latency and high throughput, thereby making it a great option. Reef Finance will also utilize the atomic bridge to trade assets on the Polkadot chain.  

By partnering with Polkadot, the architecture owned by Pinknode will be besieged by massive user traffic flow. 

 

The partnership will benefit both ecosystems, as Reef's users will access incredible Pinknode’s middleware infrastructure, and Pinknode will have access to massive user traffic. 

According to Reef Finance's CEO, Denko Manceski.

“The Reef Finance team is pleased to get the support of Pinknode and its node services that will not only enhance our user experience but will also greatly impact our journey to make DeFi easy for everyone. This support will take our efforts to help users in their DeFi operations to another level and help us achieve our platform goals.”

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Olufemi Stephen
Olufemi Stephen

Marketer with over 3 years of experience, proficient in content, social media and inbound marketing strategies. Skilled, creative and innovative.


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