Ribbon Finance: automated options selling strategies

January 24, 2022, 1:09PM EST

• 5 min read

Quick Take

Ribbon Finance automates options selling to harvest and auto-compound premiums for its depositors, abstracting away the complexity of options writing.
The strike price is currently selected by the team using backtested black-box algorithms, but the team has plans to decentralize the strike selection process.
Total value locked on Ribbon rises steadily but is still dwarfed by existing yield optimizing protocols.

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Source: https://www.theblockresearch.com/ribbon-finance-automated-options-selling-strategies-131324?utm_source=rss&utm_medium=rss