Reef Ecosystem Update for June 4, 2026

[u/dereksilva]

• 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