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Lendefi Finance Announces Adoption Of Reef Chain Ecosystem

Team Bitcoin Daily

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May 24, 2021 – Lendefi Finance (“Lendefi”) is pleased to announce it will be joining the Reef Finance, (“Reef”) ecosystem to facilitate the operation and growth of its lending protocol.

As an early adopter of Reef, Lendefi believes the decentralized nature of the Reef Chain will provide an ideal platform from which to achieve its protocol development and deployment goals.

Reef is one of the most exciting projects within the DeFi environment. The recent deployment of their Reef Chain Testnet 1 as a Polkadot substrate, demonstrates Reef’s ability to rapidly deliver its decentralized network to the marketplace. Reef’s vision for decentralization is set to shape the way DeFi technologies are implemented.

Lendefi’s strategic partnership with Reef will strengthen its ability to meet their development and deployment objectives. These include the governance launch, broader interoperability and scalability of the protocol. Due to the aligned DeFi vision and development roadmaps between Lendefi and Reef, onboarding Lendefi’s protocol to the Reef Chain represents a symbiotic engagement.

In conjunction with the Reef Chain Developer Support Program, Lendefi will leverage Reef’s advisory on technical support, partnerships and marketing channels. Lendefi intends to deploy its DAO onto the Reef Chain and will utilize support from Reef to achieve this vision.

Value proposition of the Lendefi-Reef relationship

The operation of Lendefi’s protocol on the Reef Chain demonstrates an alignment of development goals within the DeFi environment. Reef’s vision for a decentralized network based upon independent nodes, mirrors Lendefi’s vision for a lending system based on a DAO principle. As both projects grow towards greater decentralization, they are building the foundations for the future of DeFi.

The operation of Lendefi’s lending protocol on Reef Chain will feature:

●  A lending pool operating on the Reef Chain.

●  A bridge to facilitate the conversion of ERC-20 and BEP-20 tokens to REEF-20.

●  An interoperable smart DAO.

In line with their agile development roadmap Lendefi’s protocol will soon achieve their Mainnet deployment milestone. The development of both projects is in alignment with Reef’s aim to deploy DeFi primitives within their ecosystem in the coming months.

“Reef’s chain will provide the true decentralization the Lendefi protocol needs to execute our DAO vision. An alignment of visions provides the foundation for a symbiotic relationship between our technologies.” – Scott Schulz, Lendefi CEO

Lendefi’s innovative protocol is the first of its kind to deliver undercollateralized loans for digital assets. The potential for growth in this market is significant and we are happy to have Lendefi onboard Reef Chain”  – Denko Mancheski, Reef CEO

Lendefi intends to commence work on the Reef chain and is looking for development talent to join us. If you’re a full stack developer with experience in blockchain apply here.

About Lendefi Finance

Lendefi is an innovative new protocol that facilitates leveraged trading through undercollateralized secured loans for digital assets. The Lendefi protocol enables the creation of leveraged investment positions within the DeFi environment. A trustless relationship between lender and borrower is delivered which is managed through the protocol, to remove counterparty risk.

Learn about Lendefi’s recent official news:

I Website I Twitter I Telegram I

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. Reef Chain supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Reef Finance’s vision is to make it easy to invest in DeFi and to build DeFi applications on top of Reef Chain.

Learn about Reef’s recent official news:

I Website I Twitter I Telegram I

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Zeebu Takes ETHDenver by Storm as Cypher Sponsor, Presents ZBU Governance Hackathon with Prize Pool of Over $45K in Prizes, $2M in Grants

Crypto Chain Wire

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Zeebu’s participation and sponsorship at ETHDenver spotlight the future of DeFi and blockchain governance, setting a new standard for community and developer engagement.

Zeebu, a pioneering force in the DeFi and Web3 space, announces its participation as a Cypher Sponsor at ETHDenver, the world’s largest and longest-running ETH event, taking place from February 23rd to March 3rd. This sponsorship marks Zeebu’s commitment to nurturing the Web3 community, fostering innovation, and promoting the spirit of #BUIDLing. With a series of keynotes, hackathons, and unique community engagement initiatives, Zeebu aims to inspire and catalyze the next generation of blockchain brilliance.

“ETHDenver represents not just a community gathering, but a melting pot of ideas shaping the future of blockchain. We’re here to be a part of that future—to contribute, learn, and grow with the community,” says Raj Brahmbhatt, Founder and CEO of Zeebu. “Our involvement as a Cypher Sponsor underscores our belief in the power of community-driven innovation and our commitment to the DeFi ecosystem.”

At the heart of ETHDenver, Zeebu will be a participant and a significant contributor, supporting the future of blockchain and connecting with industry peers, innovators, founders, developers, and the broader Ethereum community. The event will feature Zeebu’s team delivering insights into the future of decentralized finance and Zeebu’s role in revolutionizing the telecom settlement process with Web3 technologies.

“DeFi is at an inflection point, and at Zeebu, we are at the forefront of harnessing its potential to transform industries. Our presentation at ETHDenver will shed light on where we see the space heading and how Zeebu is leading the charge in making these technologies accessible and impactful,” shares Keshav Pandya, Co-founder & COO of Zeebu.

Adding to the excitement, Zeebu announces an exciting lineup of events and initiatives, including:

ZBU Governance Innovation Hackathon

Zeebu is set to host the ZBU Governance Innovation Hackathon, challenging participants to create groundbreaking solutions for blockchain governance. With prizes totalling $48,000 USDC for the winners and special grants worth up to $2 million in ZBU tokens for budding projects, the hackathon represents a significant opportunity for developers and startups to impact the future of Zeebu’s blockchain ecosystem.

Booth Donation Initiative

Zeebu is donating its booth space to showcase emerging talents and projects, emphasizing support for the community’s growth.

Empowering Innovators: Sponsorship for Developers

By sponsoring over 100 developers, Zeebu aims to boost innovation and support new talents in the Ethereum ecosystem.

Zeebu’s Visionaries Share Their Insights

Raj Brahmbhatt and Keshav Pandya, Zeebu’s leading minds, are set to deliver talks on the transformative impact of DeFi and Zeebu’s role in shaping the future of payments technology.

The ten-day event will begin with ETHDenver’s flagship hackathon, dubbed #BUIDLathon, and progress into the Main Event beginning February 29, 2024. The event will feature an NFT gallery, gaming arcade, workshops, networking gatherings, and more.

For more information on Zeebu, please visit zeebu.com.

About Zeebu

Zeebu, the pioneering Web3 Neobank, having settled more than $900M in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. Currently serving over 100 active telecom carriers, the platform is revolutionizing the industry by introducing blockchain-based settlements and the ZBU loyalty token. The ZBU token facilitates instant and secure global transactions and rewards participants for successful settlements on the platform.

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Web3 Neobank Platform, Zeebu Unveils Major Token Burn Through Phoenix Protocol

Crypto Chain Wire

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Zeebu, the Web3 Neobank platform, has recently announced a strategic move to introduce the ZBU Phoenix Protocol. This initiative, aimed at optimizing token supply, underscores Zeebu’s commitment to build an ecosystem with a foundation of trust, backed by transparency and sustainability. 

Zeebu is a blockchain-based platform, specifically engineered for telecom transactions. It aims to revolutionize the sector by enabling automated settlements, facilitating seamless global payments, and bolstering efficiency and security through a unified telecom payment ecosystem. The ZBU token is a key component of the Zeebu platform. It plays a pivotal role in enabling smooth global transactions and introducing an on-chain loyalty mechanism. The ZBU loyalty token serves to incentivize and reward partners within the ecosystem for their active participation.

At the core of Zeebu’s ethos lies a steadfast commitment to revolutionizing finance and fostering sustainable growth. With the introduction of the ZBU Phoenix Protocol, Zeebu reaffirms its dedication to enhancing the long-term value proposition of the ZBU token in the market. The ZBU Phoenix Protocol, inspired by the symbolic cycle of rebirth and renewal associated with the phoenix, is meticulously crafted to strengthen the ZBU ecosystem’s health and stability.

The ZBU Token Burn Program is designed to systematically reduce the total supply of ZBU tokens, thereby enhancing market stability and fortifying the foundation of the Zeebu ecosystem. Through a carefully calibrated auto-burn mechanism, Zeebu will dynamically adjust the burn quantity based on consumption patterns and market prices, ensuring a balanced approach to token management.

Transparency and accountability are at the forefront of Zeebu’s operations. Each token burn event will be meticulously recorded and publicly accessible on the blockchain, providing stakeholders with full visibility into the process. Additionally, a portion of the tokens from the accumulated burning pool will be allocated towards new initiatives, further enriching the Zeebu ecosystem.

“The ZBU Token Burn Program reflects our commitment to innovation and sustainability in the decentralized finance space,” said Raj Brahmbhatt, the CEO and Founder of Zeebu. “By implementing this initiative, we aim to ensure a stable market presence of $ZBU token, while also promoting ecosystem growth.”

As Zeebu continues to spearhead innovation in the realm of decentralized finance, the ZBU Token Burn Program serves as a cornerstone of its strategic vision. By reducing token supply systematically and transparently, Zeebu is poised to create a more resilient and prosperous financial ecosystem for all stakeholders.

Zeebu is gearing up to release more specifics about the timeline and quantity for the ZBU token burn. The comprehensive information about the Phoenix Protocol can be found here.

About Zeebu:

‍Zeebu, the pioneering Web3 Neobank, having settled more than half a billion in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. The platform, currently serving over 100 active telecom carriers, is revolutionizing the industry with the introduction of blockchain-based settlements and the ZBU loyalty token. The ZBU token is designed to facilitate instant and secure global transactions and reward participants for successful settlements on the platform.

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una Messenger: The Omnichain Communication Platform For a Truly Unbound Universal Blockchain Ecosystem

Crypto Chain Wire

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  • New, evolved iteration of “PAPYRUS” token-gated messenger creates and links vast communities connected through tokens within the blockchain ecosystem
  • Upcoming “una Swap” feature facilitates asset swaps across multiple chains in a single transaction; “mudskipper” function automatically acquires native coins required to complete each transaction
  • unagi Naming Service (uNS) replaces lengthy wallet addresses with a unique personalized identity

una Messenger, the new, evolved iteration of the “PAPYRUS Messenger” token-gated communication platform, was revealed on February 11 by leading global web3 developer Wemade as the comprehensive communication platform of the WEMIX Foundation “unagi” omnichain initiative. unagi (shorthand for “Unbound Networking & Accelerating Growth Initiative”), pioneers the mass adoption of blockchain by seamlessly integrating diverse blockchains and services. 

Unbound and transparent communication

Going beyond its origin as a platform for WEMIX-based communities, una Messenger creates and links vast communities connected through tokens within the blockchain ecosystem. una Messenger offers both official channels for each token that any holder can join and private channels that are accessible based on each holder’s digital assets where you can chat about tokens, NFTs, and other various topics. This innovative communication approach for exchanging opinions and assets is done by connecting all blockchain networks and digital assets supported by unagi through either una Wallet, WEMIX Wallet, PLAY Wallet, or Wepublic Wallet.

The first step as una Messenger begins with the integration of Wepublic Wallet and DAO. The Wepublic platform launched by Wemade, which utilises blockchain technology, is a platform that allows users to create and transparently operate their own decentralised autonomous organisations (DAOs). With the inclusion of the Wepublic Wallet to the existing supported wallets, all DAOs active within Wepublic can now establish new communication channels using una Messenger. Moreover, SBT(Soul Bound Token) issued within DAOs will serve as Proof of Qualification for entering DAO channels in una Messenger, facilitating more active communication between DAO members in each channel.

una Messenger also promises to deliver much more vivid and meaningful communication via the upcoming live streaming chat feature. Live Streaming will not only help boost interaction and engagement between users, but also build and expand the shared communities connected through una Messenger. 

New omnichain interactive DeFi features

The upcoming “una Swap” feature facilitates asset swaps across multiple chains in a single transaction. Now, both ideas and assets can be easily exchanged across all chains within the networks supporting the unagi initiative including Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, Klaytn, Kroma, Polygon and WEMIX3.0. 

una Swap 2.0 will introduce the “mudskipper” function designed to streamline asset transfers across multiple chains while alleviating concerns about possessing network-specific native coins required for gas fees. Simply put, “mudskipper” will automatically process cross-chain swaps and transactions by acquiring the native coins required to complete each transaction.

Another una Messenger innovation, the unagi Naming Service (uNS) will revolutionise user experience by providing a convenient solution that allows users to replace lengthy wallet addresses with a unique personalised identity. This not only simplifies asset exchanges but also fosters a more engaging communication environment.

With the introduction of innovative features like una Swap and live streaming, and a novel approach to omnichain interactive DeFi, una Messenger has evolved into a unified communication platform that enables the creation of immersive and dynamic user experiences. una Messenger is the one and only communication platform for a truly unbound universal blockchain ecosystem.

Download una Messenger from the Google Play Store or Apple App Store, or visit www.unamessenger.com for more information.

About Wemade 

WEMADE aims to accelerate the mass adoption of blockchain technology, and is building through its WEMIX subsidiary, an experience-based, platform-driven, and service-oriented mega-ecosystem. Based on the WEMIX3.0 Mainnet, the WEMIX ecosystem features a wide spectrum of intuitive, convenient, and easy-to-use Web3 protocols and services. www.wemade.com / www.wemix.com/communication 

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