💥🔥𝐑𝐄𝐄𝐅 𝐖𝐞𝐞𝐤𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞 – 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟕, 𝟐𝟎𝟐𝟓 🪸
This week at Reef has been a dynamic one, with significant progress across multiple fronts. Matjaz and Derek conducted interviews with seven mobile app developers, searching for top talent to enhance our mobile experience. As a result, we welcomed Ramesh to the team as our newest mobile app developer—his initial focus will be resolving bugs and preparing the app for submission to the Apple App Store. Meanwhile, discussions with potential partners remain ongoing, strengthening Reef’s strategic growth.
On the blockchain front, we executed major token swaps with Gate and MEXC, leading to the burning of approximately 17 million REEF-ETH. Additionally, a 500 million REEF token swap was initiated with a centralized exchange (CEX), awaiting the return of 500 million REEF-BSC, which will also be burned upon receipt. As part of our ecosystem optimization, 10.57 million REEF were minted and transferred to MEXC for conversion into REEF-BSC, ensuring seamless cross-chain liquidity.
Exciting developments continue in the Reef ecosystem! MotoDEX achieved a key milestone by deploying smart contracts and linking their game to Reef’s mainnet, setting the stage for an upcoming launch 🚀. Furthermore, discussions regarding a new exchange listing progressed, with contract negotiations exchanged with a CEX. Stay tuned for more updates as we continue building a stronger and more interconnected Reef network!
#Reefchain