Ribbon Finance

Overview

The Ribbon Finance protocol allows users to passively access crypto structured products. These products are a combination of derivatives (often options) to achieve a particular risk/return objective. It is currently in the process of transitioning to its version 2, with greater decentralization.

3 Key Highlights

1. Ribbon Finance simplifies the process of getting yield from covered call options
2. Expected returns for the Theta Vault are in the 20-30% range
3. Ribbon uses Opyn’s infrastructure to create ETH options with custom parameters