The Reef chain seamlessly blends the finest elements from widely adopted blockchains, all while preserving complete smart contract compatibility. Serving as an EVM compatible blockchain for DeFi, Reef chain stands out for its speed, scalability, minimal transaction expenses, and eco-friendly absence of wasteful mining. Developed on the robust Substrate Framework, it incorporates on-chain governance. This cutting-edge blockchain harnesses advanced technology, incorporating Nominated Proof of Stake consensus, EVM extensions, on-chain upgradability, libp2p networking, and state-of-the-art cryptography.