Ref Quarterly Update: Q1 2022


Mind refresher

  • The Future is Decentralised: Promote further decentralisation
  • The Double B: Deliver Better prices and Better liquidity utilisation
  • Money, Money, Money: Provide LPs with the tooling to maximise profits while mitigating risks (i.e. auto-compounding)
  • Better Experience: Improve user experience
  • Knowledge is power: Encourage transparency and data-driven decisions
  • Bridge Them All: Reduce the gap with other chain communities

What we have committed to vs. delivered

  • Traders: better prices
  • Liquidity Providers: fairer model (vs. winner-takes-all approach) as a trade can be processed across multiple pools at once, spreading the LPs’ revenue accordingly
Source: Sodaki

Other key updates

  • Showing the USD value Worth of user’s shares in Your Liquidity
  • Redirect users to the pool details page after creating a new pool
  • Stableswap liquidity added to Your Liquidity view
  • TVL and number precision when hovering
  • Price impact pop up window for StableSwap

The team is growing

  • Marco: Lead Backend Dev
  • Joe: Lead Frontend Dev
  • Gordon: Senior Backend Dev
  • Max: Fullstack Dev
  • Nature: Backend Dev
  • Willa: Lead QA Engineer
  • Amy: QA Engineer
  • Mency: Designer & UX
  • Didier: Product Lead
  • Harry: Project Assistant Manager
  • Fauve: Marketing Lead

Market updates

Looking ahead: Q2 and H2 2022

Anonymous Poll:


Source: Sodaki
Source: Sodaki — Tier 1 to 5 are highly liquid REF tokens, which are not locked in any contracts but available in NEAR Wallets — Tier 1 are NEAR addresses that hold more than 10,000 REF tokens, Tier 2 holds more than 1,000 but less than 10,000...



About Ref Finance

  • Multiple pools in one contract
  • Atomic transactions
  • Customisable pool fee




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Ref Finance

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