Ribbon Finance Delayed This Week's Option Sale

TokenInsight news, Ribbon Finance, a structured product protocol on Ethereum, said that this week's option sales will be deferred to next Monday as the Prophecy Machine failed to push the execution price of Opyn in time. It also said that the amount settled in the vault last week did not receive any impact and that it will close the current contract and fund the new one for execution on Monday. Ribbon Finance is an option-based structured financial product protocol, users only need to deposit funds, Ribbon Finance will be through the decentralized options trading platform on Ethereum (Opyn), casting and selling options with low probability of exercise, in order to earn royalties to generate revenue for users.
Source

Options

Related News
Options Trading Protocol Lyra Finance to Launch OP Stack-Based Lyra Chain Options Trading Protocol Lyra Finance to Launch OP Stack-Based Lyra Chain
DeFi Structured Investment Protocol Cega Expands to Arbitrum DeFi Structured Investment Protocol Cega Expands to Arbitrum
Options Exchange Aevo Announces Public Launch, Offers Bitcoin Trading Options Exchange Aevo Announces Public Launch, Offers Bitcoin Trading
$RBN Price Breaks $0.30, Up 45.34% Over Last 24 Hours $RBN Price Breaks $0.30, Up 45.34% Over Last 24 Hours
Options Trading Protocol Lyra Live on Arbitrum, Integrates with GMX Options Trading Protocol Lyra Live on Arbitrum, Integrates with GMX
Latest News More More
4 Hours Ago ZKasino Unilaterally Locks $33M of User Funds for 15 Months, Sparking Widespread Anger
5 Hours Ago Bitcoin Fees Fall Sharply After Hit the Historically Record on the Havling Day
3 Days Ago DA Project Avail Confirmed Token Airdrop Plan
3 Days Ago Tether to Launch New Businesses, Tether Data, Tether Finance, Tether Power, and Tether Edu
4 Days Ago Lido Finance Implemented Simple Distributed Validator Technology (DVT)
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open