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Designing with Derek - 28 Mar 2025
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🔥🚨 $REEF BURN ALERT 🚨🔥 BNB Chain Burn Tx: https://t.co/24PdP25ka9 Today we burnt 500,000,000 $REEF on legacy chains! In total we have burnt 2,189,612,532.48071325 $REEF on Ethereum and BNB Chain.
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Reef’s RPC servers are currently experiencing some issues. It should be resolved later today, and app availability will return to normal. Sorry for the inconvenience! We will update you later when things are resolved.
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🚨 TOKEN MINT ALERT 🚨 3,000,000,000 REEF were minted on Reef Chain at 3:03 UTC. These are being allocated exclusively to manual token swaps with two centralized exchanges. At least 2 billion of the REEF being received from centralized exchanges will be burnt promptly. When manual swaps with CEXs are completed, we will make additional announcements. Any burn transactions will be posted publicly once swaps are fully completed, along with the name of the exchange involved.
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We are happy to share that @kucoincom announced it will support the $REEF token migration 🪸 https://www.kucoin.com/announcement/en-kucoin-will-support-the-token-migration-of-reef-reef-20250514 We are working closely with KuCoin to ensure a smooth transition, and will keep Reefians up to date on the process!
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We have submitted request CU1305250043 to @coingecko to add the WhiteBIT market.
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