Reef Finance goals to simplify DeFi investing via Baskets protocol By Cointelegraph

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Reef Finance goals to simplify DeFi investing via Baskets protocol

Reef Finance, a decentralized finance ecosystem powered by Polkadot, has launched a brand new funding product aimed toward serving to passive buyers achieve entry to a broader portfolio of cryptocurrencies.

Reef Baskets V1 is described as an “Ethereum-based framework for deploying collections of DeFi tokens” and different crypto belongings. It operates in an identical method to exchange-traded funds, that are common amongst conventional buyers and institutional managers.