Ref Finance

Ref Finance is the starting point to the #NEAR Ecosystem with a leading AMM & a synchronous #DeFi Shard.

Ref utilizes the trustless Rainbow Bridge, which seamlessly bridges Ethereum-based assets over to NEAR, and vice versa, allowing for an array of DeFi users to access lower fees and faster transaction speeds.

Ref Finance is a multipurpose DeFi platform offering a wide range of decentralized financial transactions. The features of the project are called low commissions and high transaction speed. In addition, developers have implemented solutions such as multiple pools in one contract and atomic transactions

One of Ref Finance's main services is trading. Users can exchange digital assets using an automated market maker (AMM). In addition, atomic transactions are available. This is a type of transaction when one token is completely exchanged for another (there is no possibility of a partial purchase).

Another service is to create pools where users can become liquidity providers. By freezing their funds in liquidity pools, users receive a fixed percentage of all transactions through this pool.

Additionally, you can increase profits through farm. When a platform user becomes a liquidity provider, in exchange for the invested funds, he receives LP tokens, on which profit is accrued. The farm service offers to freeze exactly LP tokens, further increasing profits. This is done so that against the backdrop of negative news, investors could not bring down the liquidity pool by withdrawing all their funds from there.

In addition, the Ref Finance platform offers standard staking services. This service is designed to help developers keep the project afloat by preventing investors from selling tokens as soon as they become more expensive than they were at the time of purchase. By ensuring the safety of the project, investors receive additional profit in the form of an annual interest rate, which is superimposed on the amount of assets they have invested in staking.