Ribbon Finance
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Theta Vault
User Guide
Ribbon DAO
Additional Resources
Introduction to Ribbon
Ribbon Finance is a new protocol that helps users access crypto structured products for DeFi. It combines options, futures, and fixed income to improve a portfolio's risk-return profile.
Here you can find the product descriptions and outgoing links to the different communication channels if you want to contribute.
Core Products
Theta Vault
Theta Vault, which is a yield-focused strategy on ETH and WBTC. The vault earns yield on its deposits by running a weekly automated options selling strategy. The vault reinvests the yield earned back into the strategy, effectively compounding the yields for depositors over time.
The Theta Vaults run two options strategies to generate yields:
- 1.Covered call - Vault writes out of the money covered calls.
- 2.Put selling - Vault writes out of the money puts.
Theta Vault Yearn
Currently, funds held in Theta Vaults do not generate any yield, aside from writing options. Every Friday, the vault converts 100% of its USDC balance into yvUSDC by depositing USDC into the Yearn USDC yVault. This helps depositors gain exposure to the yield generated from Yearn on top of the options strategy.
Communication Channels
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Last modified 11mo ago
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