Ribbon Crypto Platform
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.
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Pros
$74,574,500 USD currently invested (TVL)
Pioneering innovative crypto yield products
Diverse non-traditional crypto investment products
Operating on the Ethereum Blockchain
$18,196,552 USD currently invested (TVL)
Cons
Relatively new, and the protocol is unproven yet.
Not enough info about the team and founders on the web
Investments in liquidity pools can be higher risk
Liquidity pool investments are only suitable for advanced crypto users
Ribbon Staking Yields
| Product | Yield | Chain | Term | Yield | Yield Trend | TVL | TVL Trend | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
AAVE
|
15.8%
|
Ethereum
|
Instant Access
|
15.8%
|
$108,854
|
|||||||||||
|
USDC
|
10.6%
|
Ethereum
|
Instant Access
|
10.6%
|
$4,420,386
|
|||||||||||
|
BTC
|
8.9%
|
Ethereum
|
Instant Access
|
8.9%
|
$1,596,839
|
|||||||||||
|
AVAX
|
8.65%
|
Avalanche C-Chain
|
Instant Access
|
8.65%
|
$135,005
|
|||||||||||
|
STETH
|
8.15%
|
Ethereum
|
Instant Access
|
8.15%
|
$4,748,690
|
|||||||||||
|
ETH
|
7.52%
|
Ethereum
|
Instant Access
|
7.52%
|
$4,457,756
|
|||||||||||
|
SAVAX
|
5.05%
|
Avalanche C-Chain
|
Instant Access
|
5.05%
|
$110,554
|
|||||||||||
|
UNI
|
4.48%
|
Ethereum
|
Instant Access
|
4.48%
|
$15,398
|
|||||||||||
|
RETH
|
4.38%
|
Ethereum
|
Instant Access
|
4.38%
|
$171,264
|
|||||||||||
|
USDC-AVAX-P
|
< 0.01%
|
Avalanche C-Chain
|
Instant Access
|
< 0.01%
|
$31,098
|
Ribbon Reviews
| Is This Coin a Scam |
| Overall Expert Rating |
|
|
| Cryptostec |
|
|
| Finder.com | ||
| Bitcoin Wisdom | ||
| Open Zeppelin | ||
| Investors Observer | ||
| Show 14 more expert reviews ... | ||
Ribbon YouTube Reviews
Ribbon Supported Currencies
Ribbon supports over 5 currencies including Ethereum, Avalanche and Wrapped Bitcoin.
Ribbon Languages
Ribbon's supports the following languages: English.
Ribbon Key Data
| Year founded | 2022 |
| Decentralised |
Yes
|
| Open source |
Yes
|
| Know your customer |
No
|
Useful Links
Ribbon Contact Details
| https://www.ribbon.finance/ |
Blog Page 2
Blog Page 3
Blog Page 4
Crypto Platform News - Uptober 2023
Crypto Platform News - September 2023
Crypto Platform News - August 2023
The Evolution of Monetary Sovereignty in Modern Finance and the Dollar as a Measurement Unit.
Crypto Platform News - July 2023
Crypto Platform News - June 2023
The Top 5 Biggest Crypto Cities and Communities
Responsible Development of AI; Let's be good parents for AI
Crypto Platform News - May 2023
April 2023 Market Review
Crypto Platform News - April 2023
Crypto Platform News - March 2023
March 2023 Market Review
Are cryptocurrencies securities? Is Bitcoin Halal?
February 2023 Market Review
Platform Comparisons
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