Ribbon Finance is a new protocol that helps users access crypto structured products for DeFi. It combine options, futures, and fixed income to improve a portfolio's risk-return profile. 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.
Ribbon allows users to deposit their assets into a smart contract and automatically start running a specific options strategy. Theta Vault, which is a yield-focused strategy on ETH and WBTC, earns yield on a weekly basis through writing out of the money covered calls and collecting the premiums.
How to use Ribbon-finance?
You can access Ribbon's vaults and other structured products using its native interface.