What is ribbon finance?

Ribbon Finance is a protocol that gives users access to a wide range of structured crypto products with financial options. These products are available through Ribbon’s one-click deposit “vaults,” which make it easy for users to automate complex investment strategies and visualize portfolio changes based on real-time market conditions.

How does ribbon work?

Ribbon uses financial engineering to create structured products that deliver sustainable yield. Ribbon's first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrary structured products through combining various DeFi derivatives.

What is the ribbon finance token (RBN)?

The Ribbon Finance token (RBN) is the ERC-20 governance token of the Ribbon Finance protocol, and is used to vote on decisions pertaining to the protocol. In May 2021, a Ribbon Finance airdrop took place — RBN tokens were sent out to early Ribbon supporters in order to decentralize governance processes.

Is ribbon finance transitioning into a community-led Investment Ecosystem?

The Ribbon Finance team has indicated its intention to transition into a community-led investment ecosystem after creating and managing the first few vaults. The Ribbon Finance token (RBN) is the ERC-20 governance token of the Ribbon Finance protocol, and is used to vote on decisions pertaining to the protocol.