Borrowing Against Ribbon Vault Deposits

What this unlocks

  1. Leveraged covered call position. Borrow stables, convert to ETH, and deposit into the same covered call vault to lever up.
  2. Construct a vertical spread. Borrow stables, convert to ETH, and buy call options on other options platforms.
  3. Construct a short strangle. Borrow stables and deposit into the Ribbon put-selling vault, effectively selling both a call (through the Ribbon Covered Call vault) and a put.
  4. Construct a delta neutral position. Borrow stables, long ETH perp or (hint hint) bid on the very same options auction you are selling into and then pocket the $RBN staking rewards from your covered call position!

How this benefits Ribbon

How to get started

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Crypto structured products on Ethereum 🎀

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