LOCG Character Spotlight: Reef DeFi Founder

Denko Mancheski, otherwise known as the CEO and Founder of Reef, is one of the most influential personalities in the blockchain and DeFi space. This is because of his active involvement and commitment to providing infrastructure that supports more decentralized crypto solutions.

Denko has earned our respect through his legacy in the development of the sweet spot where blockchain technology meets with finance. He is the inspiration for our beloved game character, Reef DeFi Founder.

Armed with a rich technical background from his childhood, Denko had always had his eyes set on the Tech space. A hands-on experience with building modules and mobile apps for ERC companies brought a launch to his career.

Denko was introduced to cryptocurrencies through a friend. His interest in the technology propelled him to dive into blockchain development — working with different blockchains like NXT, Bitshares, Steem and EOS.

Together with a team of other blockchain developers in Slovenia, Denko worked on several blockchain and analytics projects. They provided tools for crypto and traditional funds that needed onboarding solutions for their existing clients.

By November of 2020, insights from their data indicated a surge in interest in decentralized finance. This discovery led the team to redirect their focus on the idea that became Reef Finance.

Reef Finance

At Reef Finance, Denko led the team toward the vision of democratizing independent models of finance management. The first iteration of the solution provided users with access to cross-platform trading, smart liquidity aggregation, and a yield engine. The yield engine enabled trading through access to liquidity from both Decentralized and Centralized Exchanges. They also offered smart lending, borrowing, mining and staking. Since then, Reef Finance has morphed into a more sophisticated solution as a Blockchain provider.

Reef Blockchain

Reef is an advanced Ethereum Virtual Machine compatible layer one blockchain for DeFi, NFT and Gaming. The blockchain was created to address the problems of the underserved smart contract market, low scalability and high gas fees.

The Reef blockchain supports a unique governance model. It supports a mix of Nominated Proof-of-stake and Proof-of- commitment consensus mechanisms. It also offers more rapid throughput, low transaction fees, high scalability and on-chain governance without wasteful mining.

If you have been inspired by Denko Mancheski — our DeFi hero, you should definitely check out his Reef Defi Founder Card.