Reef Finance, the leading DeFi project on Polkadot recently announced its intention to work with Cere Network, a decentralized data cloud and SaaS-DeFi company bridging enterprise capital and DeFi liquidity.
Given both project’s Polkadot-focus, interoperability between the projects will be seamless. Where Reef will build customer journey applications for its DeFi products using the Cere Decentralized Data Cloud, Cere will bring further liquidity and better user experience for Reef platform users via its SaaS-DeFi tooling for enterprises.
As part of this partnership, Reef will also join the SaaS-Defi alliance, which is set to establish universal protocol standards for the Enterprise DeFi space and improve communications between the enterprises and the DeFi ecosystem. Other members of the SaaS-DeFi alliance include Binance Smart Chain, Elrond, Chainlink, Matic, and more.
“We are excited to offer Reef users the ability to access further liquidity through Cere Network’s platform,” said Reef Finance CEO Denko Mancheski.
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 CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
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About Cere Network
Cere Network is the decentralized Snowflake. It’s the first Decentralized Data and Finance Cloud platform built on Polkadot, optimized for service data integration and data collaboration.
Cere’s SaaS DeFi platform is aligned with Polkadot to bridge enterprise assets and utility into the greater blockchain ecosystems. Cere is founded by Silicon Valley veterans with 20 years of experience from Amazon, Twitch, D-Link, and Bebo and is already working with a number of Fortune 1000 customers.