Ribbon Finance is a DeFi system that provides a diverse range of structured crypto goods and investment techniques. Ribbon's DeFi solutions make use of one-click deposit "vaults" to assist customers in automating sophisticated investment methods and seeing portfolio breakdowns based on real-time market situations. Unlike other yield-farming strategies popularized by early DeFi projects such as Curve and Bancor, Ribbon's community vaults present opportunities for yield generation that do not rely on higher risk speculation on token incentives, but rather focus on sustainable yield generation through rolling investments in derivative options via automated vaults of user-generated funds.

Ribbon Finance distinguishes out in the competitive DeFi sector for a variety of reasons. Its vault solutions reduce risk and provide consistent returns by simplifying classic finance tactics such as derivatives, options, and safety-first covered call investments. As a result, the Ribbon platform simplifies participation in strong yield strategies established and certified by a team of financial specialists, while avoiding issues that may arise with DeFi's more innovative and new financial products.

History

A Ribbon Finance airdrop occurred in May 2021, in which RBN tokens were distributed to early Ribbon supporters in order to decentralize governance processes. Ribbon Finance's staff and community are working to improve the project's tokenomics in order to bring additional use to RBN. Ribbon's new tokenomics approach will be geared to better align RBN crypto holders' incentives with the income obtained by vault depositors. Three specific areas have been selected as top priorities for RBN token staking.

How does it work

Ribbon Finance was created to take use of the Ethereum blockchain's security and functionalities. Because the network is non-custodial, wallets have complete control over their ERC-20 tokens when utilizing it. By mixing options, futures, and fixed income, they may produce yields. The project's purpose is to increase the average DeFi user's portfolio risk-return ratio. The project has two main points to itself:

Structured products: are financial tools that have been combined to provide more beneficial services. These structured goods contain a mix of derivatives and other choices. Structured goods provide several benefits to the network. For starters, they allow you to wager on volatility. These unique financial tools enable users to achieve a certain risk-return target. Using structured products, you may boost market liquidity while also protecting your original asset more efficiently. The best part is that these items may be mechanized to create a profit-generating chain.

Theta Vault: is at the heart of the process. Theta Vaults provides the common user with automatic yield-focused tactics. The Theta Vault, in particular, employs a covered call technique. This strategy sells out-of-the-money call options weekly for a yield. Users may currently safeguard 20-30% of their assets utilizing the functionality. These incentives take the form of RGB tokens.

Total supply and circulation

Maximum and total supply are 1 billion RBN coins, while circulating supply is currently at 162,123,922 RBN.