Ref Finance REF Price $ 0.324

Ref Finance is the gateway into the NEAR ecosystem through its AMM DEX, which provides liquidity and swapping features. Ref Finance is one of the core projects in the DeFi ecosystem on NEAR Protocol. Its main objective is to bring together the core components of DeFi, namely, decentralized exchange (DEX), lending protocol, synthetic asset issuer, and so on, into a single, synchronous DeFi platform. Leveraging NEAR’s 1-2 second finality, low costs, as well as its user-friendly and interoperable infrastructure, Ref aims to bring DeFi one step closer to the people. Ref Finance is a collection of DeFi protocols, powered by smart contracts on NEAR, that enable trading and earning by providing liquidity and other financial use cases in the future. Currently, its main product is the automated market maker decentralized exchange (AMM DEX).

Ref is first and foremost a community project. A DAO has been created to allow the community to direct its course. The DAO will be responsible for managing the treasury initially, and shortly thereafter, managing upgrades of the protocol.