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Home Platforms Ribbon
Ribbon reviews
Review Score
90%
1 Review
Platform Age
1 Year
Anonymous
Decentralised

Average rating of 90% based on 1 review.

Founded 1 year ago in 2022.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Ribbon earnings calculator

Average rating of 90% based on 1 review.

Founded 1 year ago in 2022.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Ribbon earnings calculator

Ribbon Review, Pros & Cons and Features

Pros

tick $74,574,500 USD currently invested (TVL)
tick Pioneering innovative crypto yield products
tick Diverse non-traditional crypto investment products
tick Operating on the Ethereum Blockchain
tick $44,440,931 USD currently invested (TVL)

Cons

cross Relatively new, and the protocol is unproven yet.
cross Not enough info about the team and founders on the web

Ribbon Reviews

Ribbon Finance was founded by Shaival Shah, Julian Koh and Ken Chan in 2021. San Francisco-based Venture Capital firm Paradigm has invested $8.8 Million in the project, and Ribbon’s headquarter is in San Francisco. Ribbon Finance is not a simple crypto finance app that offers basic tools like swap, trade, stake etc. Ribbon Finance has a more professional approach to crypto investment. It supports the diversification of crypto investment tools with innovative solutions.
 
Ribbon Finance is a decentralized finance platform that provides crypto-structured products for pro traders. Structured products are saving or investment products that are linked to a single security, a basket of securities, commodities, indices, or options. The return of a structured product depends on the underlying asset’s performance.
 
Ribbon Finance is built on the Ethereum Network. RBN is an ERC20-compatible governance token. RBN tokens are not stackable. But you can earn a percentage of protocol revenue by locking RBN tokens.
 
Users can invest in vaults on the platform. AAVE, ETH, USDC, wBTC, stETH, yvUSDC, AVAX, and SOL coins are supported in the vaults. RBN holders can participate in the governance of creating new vaults on the platform. There is no minimum requirement to participate in vaults. Users can connect to the platform with their web wallets and deposit funds immediately.
 
The platform is relatively new in the market. There is a lack of info about the company. The founders and the team are not disclosed on the official website. The platform is a decentralized smart-contract-based app running on the Ethereum blockchain. The underlying software is not open-source and hasn’t been proven yet. There have been unwanted hack issues with new protocols in history.

How Much Can You Earn on Ribbon?

How Much Can I Earn on Ribbon
Bitcoin
10.1%
APY
Ethereum
23.4%
APY
USD Coin
18%
APY
Avalanche
8.25%
APY
Aave
15.2%
APY
Lido Staked ETH
19.5%
APY
Rocket Pool ETH
12.8%
APY
BENQI Liquid Staked AVAX
6.88%
APY

ALooking at reviews from across the web, Ribbon has an average review score of 90% based on 1 review.

Ribbon Key Data

Company
Year founded 2,022
Decentralised tick Yes
Security
Know your customer cross No
Key People
Shaival Shah
Co-Founder & CEO
Julian Koh
Co-Founder

Useful Links

Ribbon Contact Details

https://www.ribbon.finance/

Platform Comparisons

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