Reef Finance aims to simplify DeFi investing through Baskets protocol By Cointelegraph

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Reef Finance aims to simplify DeFi investing through Baskets protocol

Reef Finance, a decentralized finance ecosystem powered by Polkadot, has released a new investment product aimed at helping passive investors gain access to a broader portfolio of cryptocurrencies.

Reef Baskets V1 is described as an “Ethereum-based framework for deploying collections of DeFi tokens” and other crypto assets. It operates in a similar manner to exchange-traded funds, which are popular among traditional investors and institutional managers.