🪸 May 2025 Recap is here! What did Reef get up to in May? | Reef on Binance Square

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🪸 May 2025 Recap is here! 
What did Reef get up to in May? 🤔
From tech upgrades to new partnerships, here’s a quick recap of everything we built, launched, and announced last month 👇

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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🔥🚨 $REEF BURN ALERT 🚨🔥 BNB Chain Burn Tx: https://bscscan.com/tx/0x22455b59d7c55b22b1e383227608f4dad45d6b8ff0dbe8cfdb9a6dceacb2d3a0 Today we burnt 1,000,000,000 $REEF on legacy chains! In total we have burnt 4,189,612,532.48071325 $REEF on Ethereum and BNB Chain.

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We’re happy to report that the data indexing issue has been resolved. Thanks to the talented individuals who assisted, and to the community for your patience. ReefScan and all core apps are working normally again.

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🔥🚨 $REEF BURN ALERT 🚨🔥 BNB Chain Burn Tx: https://bscscan.com/tx/0xf639153e2e1e43d4d2ecba00f190418cb81cc835845fa5ab06c4fe2a97a1d380 Today we burnt 1,000,000,000 $REEF on legacy chains! In total we have burnt 3,189,612,532.48071325 $REEF on Ethereum and BNB Chain.

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🪸 LAST WEEK AT REEF 🪸 Friday, June 6, 2025 - Reef app for Ledger devices sent to auditor - Received new Ledger Flex for testing - In discussions with graphic designers with intent to hire one part or full-time - Reef Chain Wallet is once again available for iOS users via TestFlight; testing and bug reporting in progress now - Ran into issues with the data index, causing problems for verifying transactions - Engaged in discussions with multiple parties about solving the immediate data indexing issues - Also engaged in discussions with many parties about bringing redundancy and resiliency into Reef chain to avoid further data indexing or RPC related issues - Met with the founder for an on-chain fitness app, looking for ways to partner or acquire the business; discussions, moving forward - Ran into some code related issues with Hotcoin integration; work is ongoing - Hired an expert developer to research and resolve the current data index issue - Hosted a call with the business development manager for a decentralized data indexing tech stack about how they could help us - Agreed to a proposal from a third-party team to add Reef chain into their data indexing, blockchain explorer and API service - Announced Rosewolf as the next artist featured on Sqwid - Turned down an opportunity to sponsor a private event in New York City; focussing our efforts on more immediate needs and Europe for the time being - Kept our partners abreast of any updates related to data indexing throughout the week

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We’re very happy to share the news that Reef and @subscan_io are working together once more! Subscan is re-integrating Reef Chain into their platform. This will make Reef available on their blockchain explorer, and restore API services as well. More to come as we approach the re-launch of Reef on Subscan. 🪸🔍

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