Ref Finance upgrades and launches a series of new features, becoming a hub for Decentralized Finance that supports Liquidity of multi-chain assets

robot
Abstract generation in progress

According to official sources, Ref Finance has undergone the latest upgrade and has become a Decentralized Finance hub that supports Liquidity of multi-chain assets. It uses NEAR's chain abstraction technology to provide users (especially BTCholders) with a convenient way to access various Financial Services on a unified platform. This upgrade provides the possibility to cover the overlooked BTC market in the Decentralized Finance service, unlocking a market potential of $45 billion and demonstrating both the rapid rise of Ref Finance and its core role in the Decentralized Finance ecosystem of NEAR. It is reported that Ref Finance is a cutting-edge Decentralized Finance DApp based on the NEAR protocol. Since its establishment in 2021, it has evolved from a simple AMM to a comprehensive Decentralized Finance platform, with a total value locked (TVL) exceeding 50 million US dollars, accounting for 25% of the NEAR TVL (currently around 198 million US dollars).

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)