Reef Airdrop
About Reef
Reef is a cutting-edge Layer-1 blockchain designed for DeFi, NFTs, and gaming, built on the Substrate Framework. It guarantees high scalability and near-instant, low-cost transactions while supporting Solidity and EVM, easing DApp migration from Ethereum. As the most advanced EVM-compatible blockchain, Reef Chain boasts self-upgradable features and on-chain governance. Utilizing a Nominated Proof-of-Stake consensus, it ensures scalability and minimal fees. The REEF token is essential for transaction fees, staking, and nominating validator nodes.
Why we choose Reef?
We chose Reef for its pioneering Layer-1 blockchain geared towards DeFi, NFTs, and gaming, built on the robust Substrate Framework. With $23.9M in funding from reputable backers such as Alameda Research, AU21 Capital, Binance Labs, Gains Associates, and Kenetic Capital, Reef stands out for its high scalability, low-cost transactions, and seamless Solidity and EVM support, making it a top choice for innovative blockchain solutions.