Today, we are extremely excited to announce Ribbon Lend β Ribbon's expansion into the credit market.
π
π
Ribbon Lend can be thought of as "uncollateralized Aave", allowing depositors to lend unsecured to institutional market makers of their choosing with high liquidity.
Ribbon Lend allows users to get:
1. High yields from unsecured lending π
2. No lockups, using Aaveβs money market model π
3. Off-chain enforcement / credit underwriting βοΈ
4. Built-in insurance π¦
1. High yields from unsecured lending π
2. No lockups, using Aaveβs money market model π
3. Off-chain enforcement / credit underwriting βοΈ
4. Built-in insurance π¦
We are working with @CredoraPlatform to evaluate credit of the institutional borrowers, ensuring that only borrowers with the best credit rating can create pools on the platform.
Ribbon Vaults + Ribbon Lend = π
By vertically integrating our existing structured products with a credit market, we are able to drive consistent capital flow into Ribbon Lend.
By vertically integrating our existing structured products with a credit market, we are able to drive consistent capital flow into Ribbon Lend.
Ribbon Lend is a primitive that any DeFi protocol can build on top of.
We will be the first ones to demonstrate this composability by combining Ribbon Earn + Ribbon Lend.
Long term, we expect Ribbon Lend to dominate the on-chain debt market.
We will be the first ones to demonstrate this composability by combining Ribbon Earn + Ribbon Lend.
Long term, we expect Ribbon Lend to dominate the on-chain debt market.
We aim to launch Ribbon Lend at the end of the month.
To learn more about what Ribbon Lend is and how it works, read this blog post:
research.ribbon.finance/blog/introduciβ¦
To learn more about what Ribbon Lend is and how it works, read this blog post:
research.ribbon.finance/blog/introduciβ¦
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