Ribbon Announces the Launch of Ribbon Treasury to Provide Native Token Volatility Solutions for DAOs
TokenInsight news, structured product Ribbon Finance announced the launch of Ribbon Treasury, a product designed specifically for DAOs that utilizes covered call calls that enable DAOs to profit from the volatility of their native tokens, but at the token rises at the expense of some profit. Each DAO can customize the Strike price, the Tenor of the option, and the Premium Currency received.
In addition, Ribbon Finance will actively work with DAO vaults and market makers to help DAO vaults sell call options to market makers and to the public through Gnosis auctions. The launch of Ribbon Treasury will help Ribbon Finance to gain more TVLs, in addition to creating stable liquidity for other agreements.