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Ref Finance is a community-administered multi-purpose decentralized finance (DeFi) platform constructed on the NEAR protocol. Ref Finance combines a number of core parts: decentralized exchanges, loans, artificial asset issuers, and extra – into one synchronized DeFi utility.
Ref will profit from the funds The low charges of NEAR (0.005 USD per swap), closing time of 1 to 2 seconds and WebAssembly-based runtime to additionally compete with the price and pace of CEX exchanges and develop into a robust addition to the multi-chain DeFi ecosystem is more and more diversified.
With Rainbow Bridge (bridge between Near and Ethereum) merchants can leverage billions of {dollars} in ERC-20 belongings from Ethereum and may entry the belongings of some other chain akin to BSC, Polygon / Matic, Cosmos / IBC and different chains on Near within the subsequent future.
In this video, we experiment with Ref Finance with Coinlive – Potential Warrior of the Near Ecosystem!
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