Ribbon Finance (RBN) Price
About Ribbon Finance (RBN)
Ribbon Finance is a decentralized platform that provides crypto traders with access to structured products that seek to drive yield. Ribbon Finance vaults include support for AAVE, ETH, USDC, wBTC, stETH, yvUSDC, AVAX, and SOL. The overall function of Ribbon Finance is similar to that of Yearn Finance.
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About Ribbon Finance (RBN)
Ribbon Finance is a decentralized platform that provides crypto traders with access to structured products that seek to drive yield. Ribbon Finance vaults include support for AAVE, ETH, USDC, wBTC, stETH, yvUSDC, AVAX, and SOL. The overall function of Ribbon Finance is similar to that of Yearn Finance.
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Frequently asked questions
Ribbon Finance Token
RBN is an ERC-20 governance token compliant with the Ethereum network. RBN holders can engage in governance by voting on proposals or making their own vaults and trading strategies. RBN can also be used to provide liquidity incentives and staking rewards for vaults. RBN can be further used as a way to mitigate black swan events, and RBN stakers insure losses beyond an agreed-upon threshold that differs by vault.
Learn more about RBN on cryptopedia
