We just paid out another great week of yields!

All of our options that the vault sold expired out of the money! 🎉

Read the 🎀 recap on our performance👇 This week again, R-Earn exotic option expired in-the-money!

The option expired at $1320.76, which was within the barrier range.

ETH moved ~2.53%, converting to a bonus yield of 5.84% APR this week.

This week, all of our options that the vault sold expired out of the money 🎉

Read along for the 🎀 recap on our performance. This week, R-Earn's options expired in-the-money!

$ETH expired at ~$1355, which was within the barrier ranges for options that the vault purchased.

This represents a bonus yield of ~9 bps, or ~4.64% APR this week.

Today, we are extremely excited to announce Ribbon Lend — Ribbon's expansion into the credit market.

👇 Ribbon Lend can be thought of as "uncollateralized Aave", allowing depositors to lend unsecured to institutional market makers of their choosing with high liquidity.

We are officially launching Ribbon Earn today!

To start, deposit $USDC here today 👇

app.ribbon.finance/R-EARN The first vault will begin in 6 days with a capacity of $2.5m $USDC, and we will increase it over time.

Deposit as soon as possible to secure a slot 🕙

Today, we are super excited to announce Ribbon V3. Ribbon V3 is packed with new features which we think will continue cementing our lead as the #1 DOV protocol in the industry.

Here's a preview of some of the most important features 👇 Leverage 📈

We are enabling users to sell the same amount of options using half the collateral than required before. This means that users will effectively be able to sell 2x the number of options that they were before = 2x leverage.

Caution: This is very risky!

Today we're excited to share that we've officially launched Ribbon Treasury on mainnet — a product for DAOs/treasuries to generate income on their assets by selling options

Our first launch partner is none other than @perpprotocol, the leading on-chain perpetual futures DEX 🚀 Ribbon Treasury is now live on Ethereum mainnet at treasury.ribbon.finance

However, we have kept access to Ribbon Treasury to early partners for now

Here’s a sneak peek of what the UI looks like under the hood

Today we are unveiling a new plan for RBN tokenomics, which we call Ribbonomics

This plan presents a roadmap for how RBN can be more deeply integrated within the Ribbon ecosystem

👇 There are three main features in the Ribbonomics plan:

1. RBN Staking 🥩
2. Vote locking & Reward Boosting 🔒
3. Protocol Backstop 🛡️

ribbonfinance.medium.com/ribbonomics-b0…

Summary of this week's Ribbon Vaults 👇

- ETH Call Selling vault 📈
- WBTC Call Selling vault 📈
- ETH Put Selling vault 📈

Another great week 🤑

https://twitter.com/ribbonfinance/status/1408361796319256579

A thread on the RBN airdrop: how we chose the distribution, and a few highlights 👇 The high level goal was to distribute RBN tokens to people who might be long-term aligned with Ribbon, and could potentially become governors of the project.

We did not optimize for breadth of distribution, and wanted to avoid giving RBN to people who would simply auto-dump.

Today we are excited to announce Ribbon Finance, a new project focused on creating structured products in DeFi.

Thread 👇

ribbonfinance.medium.com/yield-hacking-… 1/ Over the last year, we have seen an explosion in new DeFi derivatives protocols. Derivatives like perpetual swaps, zero coupon bonds, options, and others have grown significantly.