Ribbon Finance: Structured Products For DeFi | Deep Dive
Review Date: May 20, 2021 |
Ribbon Finance is a protocol building structured products in DeFi. Structured products are an investing mechanism in which the returns are directly linked with the underlying asset that it represents. In layman’s terms this means we can generate yield on a crypto asset using financial instruments.
Ribbon is leveraging the power of DeFi composability and the emergence of derivatives to create structured products in which any market participants can deposit crypto assets into a vault that generates yield on their assets via automated strategies. Backed by some of the best DeFi funds
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