Ribbon Finance gains 60% after the launch of V2 and the integration of Avalanche By Cointelegraph



Decentralized Finance (DeFi) has been one of the flagship sectors of the cryptocurrency market in 2021 and is poised to continue to facilitate the massive adoption of cryptocurrency in 2022. It comes as investors institutional and retail companies embrace the emergence of finance 2.0.

One DeFi project that started the year off to a bullish start is Ribbon Finance (RBN), a protocol that uses financial engineering to create structured products such as automated options strategies. These are designed to provide users with sustainable returns over time.

4 hour RBN / USDT chart. Source: TradingView
Total value locked to Ribbon Finance. Source: Lama Challenge
Ethereum based vaults on Ribbon Finance. Source: Ribbon funding

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