Polkadot is continuing its trend to enter strategic partnerships by integrating Pinknode in Reef Finance. Reef is a DeFi platform developed with Substrate Framework, and it will start using Pinknode now. The integration will see Reef providing reliable and secure API endpoints to users globally. The platform will allow users to access numerous DeFi solutions over different chains. It is done by aggregating liquidity through the most profitable decentralized and centralized circuits.
Pinknode, the Polkadot-exclusive protocol, intends to help developers with its NaaS (node-as-a-service) solutions. The services are used to accelerate product deployment cycles by eliminating layer complexities and inefficiencies. The protocol also aims to develop quality tools and esteemed infrastructure for developers. The tools will help teams develop and boost their Web 3.0 protocol development proceedings.
Eric Poh (CEO of Pinknode) stated that the team is extremely thankful for Reef Finance for trusting them with APU endpoint and node provision solutions. Getting the opportunity to serve such a large audience is amazing. They feel privileged to play a part in Reef Finance’s vision to become a multichain DeFi protocol. Eric stated that he looks forward to achieving great things with Reef Finance.
Reef Finance has already built Reef Chain, a scalable, quick, and EVEN-supported chain to develop DeFi apps. For now, it is merely the canary version of the final mainnet, while the mainnet is ready to be launched shortly. Reef Chain is a dedicated blockchain network that helps developers deploy existing projects and build dApps.
Reef Finance has appointed Pinknode the role of key node provider as it will offer complete network access. It will be facilitated using Pinknode’s reliable and secure API endpoints. Reef Finance is also planning to utilize an atomic bridge to trade assets on Polkadot, requiring the proprietary node solutions.
Reef Finance is integrating Pinknode to offer esteemed API endpoints to users. The integration will see the platform enhance its solutions and both ventures shared their delight regarding the development.