Ribbon Finance (RBN)

What is Ribbon Finance?

Ribbon Finance is a new Protocol that makes it easy for users to access DeFi. Ribbon combines elements of options, futures, and fixed income sources for users who invest in the protocol, helping users achieve a higher return profile than users can afford.

Highlights of Ribbon Finance

Ribbon Finance's goal is not only to bring profits to retail investors, but also to be a trusted Cross-chain financial tool by many people. Ribbon's core products include:

• Theta Vault: A Profit Focused Strategy (ETH and WBTC).
  By running two strategies to generate Covered Call and Put Selling. That is, users only need to deposit assets into Smart Contract (for one of the two strategies above), which will limit the gas fee somewhat, the vault will do it automatically for many users at the same time.
• Covered Call: Vault of insurance money.
  As an options strategy, you can make a profit selling assets with upside potential.
• Strike Selection & Expiry: Select the time to execute the price and expire the option.
  To reduce the risk when options are exercised, users can sell them earlier, allowing you to pool your premiums together. In addition, it is advisable to choose prices that are far from the current price to avoid unnecessary risks.
• Technical Architecture: Technical Architecture.
  Theta Vaults is designed based on Opyn oTokens - an ERC-20 token of an options contract, participants owning oTokens equivalent to owning an options contract, have the right to exchange their assets.

Roadmap

Updating......

Read Full Article: Click Here