Ribbon Finance

Ribbon Finance

Ribbon Finance RBN Rank #460

Definitive guide to investing in Ribbon Finance (RBN) Token. Project explained, price and staking

Ribbon Finance Exchanges

Exchange Market Pairs Buy
Uniswap (V2) GAME/WETH -
Coinbase Exchange BTC/USD -
Gate.io BTC/USDT -
MEXC LTC/USDT -
BTCEX GNO/USDT -
XT.COM WDC/USDT -
BKEX SYS/USDT -
AEX QRK/USDT -
LATOKEN GLC/USDT -
Bitget XEM/USDT -
Hotbit PPC/USDT -
Uniswap (V3) MIM/USDC -
Poloniex BTC/USDT -
What is Ribbon Finance? Ribbon uses financial engineering to create structured products that offer sustainable returns. Ribbon's first product focuses on performance through automated option strategies. The protocol also allows developers to create arbitrarily structured products by combining various DeFi derivatives. Structured products are bundled financial instruments that use a combination of derivatives to achieve certain risk-return objectives, such as betting on volatility, increasing returns or protecting principal. Theta Vault is a new product that automates a covered call strategy for high returns on ETH. The vault runs a covered call strategy and sells the money call options weekly for yield. The main risk of executing this strategy is that depositors could potentially give up the advantage in exchange for a guaranteed return. By writing a call option, users essentially promise to sell the asset at the strike price, even if it exceeds it (i.e., early sale). For this reason, if the price of the asset increases significantly in a short period of time, it is possible for depositors to have a "negative return" on their ETH. However, this only happens if ETH/USD appreciates significantly, then depositors will still be in USD terms. The vault also sells call options that are very out of the money, meaning there is a relatively low probability of the options being exercised. Security Smart Contracts are controlled by OpenZeppelin, Peckshield, ChainSafe and Quantstamp. Despite this, users are advised to be careful and only risk funds they can afford to lose.