Reef Announcements

Several people have been asking about how to stake $REEF recently. We have a great tutorial on YouTube for staking with Fearless Wallet's mobile app. https://www.youtube.com/watch?v=OvCAIj56NNE&pp=0gcJCU4LAYcqIYzv

There is a team called Sponsian Studios, based in Liberland, building a fork of Smol dapp for Reef Pelagia. They told us they plan to launch on testnet next week, and should have the ability to make Safe multi-sig wallets.

We have a brand new tutorial for you, showing off how to use Mosaic’s testnet app on Reef Pelagia! A start-to-finish tutorial with a quick explanation of Mosaic, getting testnet tokens from the faucet, opening a trove, and depositing MEUR into the stability pool. https://www.youtube.com/watch?v=XXBYBF6vxPE Everyone is welcome to participate, find bugs, and help ensure Mosaic has a flawless launch on Reef mainnet when it’s ready.

We're back online! Head over to https://testnet.mosaic.markets/#/ to test out Mosaic on Reef Pelagia testnet. Instructions have been updated with the latest URLs: https://paragraph.com/@mosaicprotocol/mosaic-testnet-is-live The price of $REEF is set to $200 in Mosaic testnet, allowing everyone with testnet REEF to play around.

Docs updated! Let's get those apps back up and running on Pelagia testnet, and get new testnet tokens from the faucet. https://docs.reef.io/docs/developers/pelagia-wallet/

Reef's development team has allocated new, larger resources to Pelagia testnet. We'll be updating all the access URLs and re-publishing them shortly.

Reef Ecosystem Update for June 4, 2026 - Contacted multiple KYC providers regarding partnership - Prepping co-marketing activities with LetsExchange - Started marketing Pelagia testnet and apps - Published Reef Pelagia wallet setup video - Published Reef Pelagia faucet usage video - Multiple teams now building on Reef Pelagia testnet, validating new resources and developer tooling - Mosaic CDP protocol, representing Reef's first native stablecoin, launched on testnet - Development team setting up new Pelagia testnet resources after unexpected demand outstripped resources allocated - Correspondence with Apple regarding latest Reef Chain Wallet app submission - Held first meeting with a KYC provider regarding partnership

Real estate is the world's largest asset class. $326 trillion globally, and almost none of it is accessible to someone without significant capital, a local bank account, and a lawyer. Tokenization fixes the infrastructure problem. $REEF fixes the access problem.

Every major bank in the world has a team exploring tokenization. Yet for every successful institutional deployment, dozens of projects stall before production not because the tech doesn't work, but because the infrastructure around it doesn't meet institutional requirements. The gap between an institutional pilot and a production deployment is a stack gap; the difference between having a set of smart contracts and having auditable, compliant, settlement-ready systems with cross-border compatibility that a regulated institution can operate at scale. In this deep dive, we explore what banks really need at each layer, and how Reef's post-Deep Current infrastructure covers that exact gap. https://blog.reef.io/the-institutional-defi-stack-what-banks-actually-need-before-going-on-chain

Looking for a little help with connecting MetaMask to Reef Pelagia testnet? We just published a demo video showing you exactly how to do that. https://www.youtube.com/watch?v=g5q3-2f06Vw

🧪 Mosaic Protocol Testnet Is Live on Reef Chain The moment we've been building toward — Mosaic Protocol's testnet is officially live on Reef Pelagia. The first decentralized borrowing protocol on Reef Chain. The first Euro-pegged stablecoin on the network. And you can try it all right now. What you can do: 🔹 Open a Trove — deposit testnet REEF as collateral and borrow MEUR 🔹 Deposit MEUR into the Stability Pool to earn MSIC rewards 🔹 Claim your MSIC and stake it to earn a share of all protocol fees 🔹 Experiment — push your collateral ratio, trigger liquidations, test the limits. That's what testnet is for. How to get started: 1️⃣ Add Reef Pelagia testnet to your wallet → Wallet setup guide 2️⃣ Claim testnet REEF from the faucet → Faucet 3️⃣ Open the app → https://testnet.mosaic.markets Important: This is testnet. All tokens are test tokens with no real value. Nothing carries over to mainnet. This exists so you can learn the protocol and so we can improve the app before real assets are involved. We want your feedback. Found a bug? Something confusing? Have a suggestion? Tell us: 💬 Telegram: https://t.me/mosaicprotocol Full details on everything above in our launch post: https://paragraph.com/@mosaicprotocol/mosaic-testnet-is-live

Reef Pelagia testnet is now live for all to build, test and deploy on! Pelagia is Reef's public testnet, designed to give developers and builders a production-like environment to experiment, iterate, and validate their applications before deploying to mainnet. This isn't a sandbox with limited functionality. Pelagia mirrors the capabilities coming with Deep Current upgrade: - Full EVM compatibility - Sub-cent Tx fees - Compliance-ready infrastructure - Seamless runtime upgrades Get all the details now in our launch post or in the Reef docs. More tutorials and examples coming soon to give you even more capabilities to build, test and deploy on Pelagia. • Launch post: https://blog.reef.io/reef-pelagia-testnet-is-now-live-build-test-deploy • Pelagia docs: https://docs.reef.io/docs/developers/pelagia/

Tomorrow. 🪸 🏝️

Subscan AI supports Reef, too! Make an account, then ask Subscan AI anything about Reef. https://x.com/subscan_io/status/2052619309894218102

Pelagia 🏝️

📊 New Blog: The Liquidity Problem in RWA Tokenizing an asset is the easy part. Building a functioning secondary market? That's where most RWA projects fail. The on-chain RWA market is projected to exceed $36B by late 2026—but the vast majority of tokenized assets have no real secondary market liquidity. Our latest deep dive covers: → Why liquidity is structurally harder for RWAs → The compliance-liquidity paradox → What genuine RWA liquidity actually requires → How Reef solves the secondary market problem → The five-stage liquidity maturity model If you're building or investing in tokenized assets, this one's essential reading. Read → https://blog.reef.io/the-liquidity-problem-in-rwa

As part of our ongoing efforts to optimize ecosystem resources and strengthen our exchange partnerships, Reef has made the decision to conclude our listing partnership with Hotcoin. Effective May 14, 2026 at 08:00 UTC, the REEF/USDT trading pair will no longer be available on Hotcoin. https://blog.reef.io/reef-concludes-listing-partnership-with-hotcoin We did not make this decision lightly, but the rationale is clear and sound from Reef’s perspective.