🧵 Big update from Reef Chain!
Wrapped USDC is now live, thanks to our integration with @VIA_Labs and @avax!
This unlocks a stablecoin foundation for serious dApp development and user activity on Reef.
Here’s why it matters 🧵👇
Reef Chain 🤝 Alchemy Pay
@Reef_Chain integrates #AlchemyPay’s fiat on-ramp into its site & wallet! Users can now buy $REEF with cards, Apple Pay, Google Pay, & local bank transfers across 173 countries. 🌍
https://t.co/8isOEvNLbV
$ACH
🧵 Major milestone for Reef Chain!
The dedicated Reef app for @Ledger hardware wallets is now live 🟣🔐
You can now securely send, receive, and stake native $REEF — all while keeping your keys offline.
Here’s how it works and why it matters 👇
⚡️60,058 new ATH for #ReefChain Wallets! 🪸🪙
Last week, we reached a new ATH milestone for the Reef ecosystem: an ATH of Reef wallets created. We're now passing 60,000.
Don't sleep on us, we're going even HIGHER 🚀
Excited to share that Antier Solutions is teaming up with @Reef_Chain to fuel their historic blockchain upgrade, Project Deep Current!
This end-to-end revamp will introduce improved speed, complete Ethereum compatibility, and future-proof infrastructure to the Reef network.
We're drawing from our knowledge of both Ethereum and Substrate to provide a smooth transition via a multi-phased runtime upgrade approach.
#BlockchainUpgrade #Reef #Antier #Ethereum #Web3 #Partnership #Web3Partnership
We are happy to share that @kucoincom announced it will support the $REEF token migration
🪸 https://t.co/bALzvoGRWJ
We are working closely with KuCoin to ensure a smooth transition, and will keep Reefians up to date on the process!
🪸 LAST WEEK AT REEF 🪸
Friday, May 9, 2025
- Received a proposal from a top blockchain development company focused on upgrading Reef Chain
- Reviewed a proposal from a marketing firm that focuses on a specific crypto-only platform
- Paid a $2000 exchange integration fee
- Received ~63M REEF-ETH back from a CEX; moving forward with re-opening REEF trading
- Received the sponsorship deck from a football (soccer) team in APAC
- Opened discussions with a European football (soccer) team about sponsorship
- Had a meeting with a market-making firm
- Met with a representative from a blockchain data indexing platform
- Had a wonderful discussion with one of the founders of a proof of attendance protocol about expanding to Reef Chain
- Caught up with the founder of a game marketing and tournament platform about accelerating growth for games and attracting existing game developers to Reef Chain
- Met with an agency that offers marketing consulting, investments, KOL management, etc.
- Met with the Vice Chairman of a football club about sponsoring the team; received enough internal support to move forward
- Decided to move forward with new marketing agency, multi-month deal
- Evaluating multiple marketing engagements with centralized exchanges
- Hired a developer to build an Octobot plugin for Hotcoin
- Made decision to move forward with football team sponsorship
- Paid a $20000 exchange integration fee
- Evaluating full proposal from media incubator
- Confirmed date to re-open $REEF deposits, withdrawals and market on an exchange
- Working on date for re-opening deposits, withdrawals and market on another exchange
- Signed agreement with football team; more news to come in June
🪸 ⚽️ 🥅 🪸
🚀 Over 20 million tokens bridged to Reef Chain with 200+ transactions and counting! 🔥🌊
A quick step-by-step video is coming soon—stay tuned!
#ReefChain#Blockchain#Crypto
🪸 The past two weeks at Reef 🪸
Friday, February 28, 2025
- Received an additional 490 million from a CEX
- Held an X Space with MotoDEX and VIA Labs teams to discuss 2025 roadmap
- Took control of bridge contracts, deployed bridge app to its own domain; waiting for new token mint so that we can start promoting it
- Mobile app bug fix work continues
- Orcanize work continues
- Sqwid work continues; shifting focus to adding new UI features
- Received confirmation from CoinEx that they will support the switch to $REEF on Reef Chain; finalizing details
- Booked a meeting with a large CEX next week to discuss the switch to $REEF on Reef Chain
- New build of Reef Chain Wallet has been shared for internal review and testing
- New studio producing small, onchain games has started building something
- Signed contract with a CEX for a new listing
Launched Reef Bridge! 🌉
- Lots of stuff happening behind the scenes regarding Web3 Amsterdam, Sqwid, and more
More than 10 million REEF bridged already.
You will need a native Reef Chain wallet, with an EVM address bound to it, before bridging.
If you need help, our community managers are ready to assist in our Telegram and Discord communities!
Our vision: 100% of $REEF on Reef Chain, where it belongs! 🌊
Ready to bridge? Head to https://t.co/2uyTcfxPhg & start now! 🔥
Need more details? Read here: https://t.co/j3B8eNe0hj
Introducing Reef Bridge: Seamlessly Bring Your $REEF to Reef Chain!
A major milestone for the Reef ecosystem – Reef Bridge is now LIVE at https://t.co/2uyTcfxPhg! 🎉
It's a great day for a great day 😀
Another burn completed! 🔥
390 million $REEF has been burnt on BNB Chain
https://t.co/tmJ5BPsPau
This permanently reduces the supply of $REEF on BNB Chain as we approach the launch of the bridge.
This burn, along with yesterday’s burn of 100 million REEF, mark the burning of our first token swap with @paribucom.
More token burns to come as we receive tokens from various CEXs in manual swaps, and from the Reef Chain community via the bridge.
🚨 TOKEN MINT ALERT 🚨
1,500,000,000 million REEF were minted on Reef Chain at 18:23 UTC.
These are going to be allocated to Reef Bridge, and two CEXs for manual token swaps.
Any REEF-ETH or REEF-BSC received from the CEXs, and captured by the bridge locker contracts on Ethereum and BNB Chain, will be burnt.
When manual swaps with CEXs are completed, we will make additional announcements.
This is another major step in our transition to bringing all REEF to Reef Chain.
All burn transactions will be posted publicly once swaps are fully completed, along with the names of the exchanges involved.
Partnerships & NFT Highlights:
🎨 Final True Stars x Sqwid NFT minted & sold out!
🎙️ Hosted Twitter Space with Teresa Melvin
🔄 Token swaps & discussions with more exchanges
Roadmap & CEX Updates:
✅ Public release of the 2025 roadmap
✅ Contacted 14+ CEXs for Reef Chain transition
✅ ~502MM REEF minted for swaps
✅ Pushed existing CEXs to migrate to Reef Chain
Development Progress:
📱 Fixed mobile app bugs + hired devs
🔗 Tested Reef bridge on mainnet
🛠️ Continued work on Orcanize & DevRel AI
⚡ Launched new decentralized testnet
What’s Next?
🔥 Finalizing CEX transitions to Reef Chain
📲 Expanding mobile & Shopify apps
🤖 Strengthening AI & security tools
Read the full recap 👉 https://t.co/xfinWa7CGp