Ribbon Finance Airdrop
About Ribbon Finance
Ribbon Finance is a cutting-edge protocol that offers users access to crypto structured products for decentralized finance (DeFi). By integrating options, futures, and fixed income, it enhances a portfolio’s risk-return profile with sustainable yield strategies. Ribbon Finance’s flagship product, the Theta Vault, employs automated options strategies to generate and compound yields on ETH and WBTC deposits. Recently, the protocol gained approval for integration with Aevo, aligning with key stakeholder visions.
Why we choose Ribbon Finance?
We chose Ribbon Finance for its innovative approach to enhancing risk-return profiles through structured DeFi products. With $8.8M in funding and backing from Coinbase Ventures, DeFi Alliance, DragonFly Capital, Hart Lambur, and Joseph Lubin, Ribbon Finance stands out. Its Theta Vault, which automates yield generation on ETH and WBTC, and recent approval for integration with Aevo make it a promising player in the DeFi ecosystem.
Ribbon Finance Airdrop Guide
Airdrop Eligibility
- Users should be past or current users of Ribbon products.
- Active membership in the Ribbon Discord with more than five messages.
- Utilization of existing Ethereum options protocols like Hegic, Opyn, Charm, and Primitive.
How to get Ribbon Finance Airdrop?
To participate in the Ribbon Finance airdrop, follow these steps:
1. Visit the Ribbon Finance Airdrop Claim Page: Head to the designated Ribbon Finance site for claiming your airdrop.
2. Connect Your ETH Wallet: Ensure your wallet is set up and linked to interact with the airdrop platform.
3. Check Eligibility: If eligible, your allocated RBN amount will be visible on the platform.
4. Claim Your Tokens: Click on the displayed RBN amount to claim your tokens successfully.
A total of 21 million RBN tokens have been allocated to previous and current users of Ribbon products. There are 5 million RBN designated for active Ribbon Discord members and 4 million RBN for users involved with Hegic, Opyn, Charm, and Primitive. Note that the claimed RBN tokens currently remain non-transferable and are usable for governance voting only. They could become transferable pending strong governance participation. For further details on the airdrop and RBN tokens, refer to Ribbon Finance’s Medium article.
Stay engaged with Ribbon Finance through their various platforms to make the most of this potential airdrop opportunity.