Reef Finance Joins Forces with Polkalokr to Provide the Safest DeFi Investment Ecosystem to Users

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Reef Finance welcomes our new partner, Polkalokr, into our ever-expanding ecosystem. Polkalokr is an all-in-one, multi-chain token locking platform that offers a highly customizable escrow to restore trust and simplicity to complex token economies.

Reef Finance aims to simplify DeFi and make it accessible to everyone. It provides investors the best available DeFi opportunities to yield better profits. With the addition of Polkalokr’s highly customizable product, SWAPR, investors at Reef Finance will earn greater benefits and advantages while swapping the locked tokens.

Polkalokr, using its highly customizable multi-chain token escrow, aims to put power back into participation by simplifying the complex token ecosystems. The platform offers “governance-as-a-service” that puts token distribution into the hands of the network participants.

Polkalokr’s smart contracts automate the vesting of tokens, ensuring tokens are distributed on time. Polkalokr is planning to completely reshape tokenomics through event-driven distributions, where tokens are unlocked when projects reach measurable milestones.

Reef Finance and Polkalokr Partnership

As per this partnership, Polkalokr’s smart contracts will add a layer of trust and transparency by locking liquidity into DEXs and automating the distribution of vested tokens to early participants. This collaboration will boost investors’ confidence at Reef Finance as their investments will now be safer using Polkalokr’s liquidity locking mechanics.

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We will be working closely with Polkalokr to add value to the projects participating in our brand new IDO platform, ReefStarter. Later this year, after the addition of Polkalokr’s second product, SWAPR, investors will be able to swap locked tokens and explore more avenues to make greater yields. It will also enable seed and private investors to sell vesting tokens without affecting a project’s circulating token supply or price.

Imran Ashfaq, the CEO of Polkalokr

“Reef Finance aims to make DeFi easy, and Polkalokr aims to simplify complex token economies to put power back into participation. So, this collaboration will be the beginning of various joint operations to make DeFi mainstream, accessible, less complicated, and user-centric. This cooperative move will enhance the user experience of both platforms effectively.”

Denko Mancheski, CEO of Reef Finance

“On our way to make DeFi easy, we always look forward to collaborating with projects that can enhance our user experience. With the addition of Polkalokr’s product and token locking mechanism, our investors will have the safest experience while making investments.”

About Polkalokr

Polkalokr is the first all-in-one, multi-chain token locking and escrow platform with built-in privacy functionality. Its products, LOKR and SWAPR, help build trust within the DeFi space by removing the human element and focusing on governance through code, with a seamless, omni-channel digital experience platform.

About Reef Finance

Reef is the first cross-chain DeFi operating system built on Polkadot. With a seamless user interface, Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXes and DEXes while offering smart lending, borrowing, staking, mining through an AI-driven personalized Reef Yield Engine.

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Reef Finance Joins Forces with Polkalokr to Provide the Safest DeFi Investment Ecosystem to Users was originally published in Reef Finance on Medium, where people are continuing the conversation by highlighting and responding to this story.

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