The live price of Ribbon Finance (RBN) today is 0.163592 USD, and with the current circulating supply of Ribbon Finance at 537,093,440.46 RBN, its market capitalization stands at 87,864,440 USD. In the last 24 hours RBN price has moved -0.001025 USD or -0.01% while 156,488 USD worth of RBN has been traded on various exchanges. The current valuation of RBN puts it at #230 in cryptocurrency rankings based on market capitalization.
Learn more about the Ribbon Finance blockchain network and how it works or follow the price of its native cryptocurrency RBN and the broader market with our unique COIN360 cryptocurrency heatmap.
Ribbon Finance (RBN) is a novel DeFi protocol that aims to create structured products in the cryptocurrency space. It leverages innovative financial engineering techniques to provide users with optimal yield strategies. Ribbon Finance's unique approach to DeFi offers a new level of sophistication and potential returns for investors.
Ribbon Finance operates on the Ethereum blockchain, utilizing its Proof-of-Stake (PoS) consensus mechanism. This ensures the security and integrity of transactions within the Ribbon Finance ecosystem.
As a protocol built on Ethereum, Ribbon Finance benefits from the robustness, security, and decentralization of the Ethereum blockchain. It also utilizes smart contracts to automate and enforce the execution of financial strategies.
Ribbon Finance's architecture is designed for scalability, allowing for the creation and management of multiple financial products simultaneously.
Security is a top priority for Ribbon Finance. The protocol has undergone rigorous audits to ensure the safety of user funds.
While transactions on Ribbon Finance are transparent due to its blockchain nature, user identities remain private, ensuring a degree of anonymity.
Ribbon Finance is fully decentralized, with no central authority controlling the protocol. This ensures fairness and openness in all transactions.
The Ribbon Finance project is spearheaded by a team of experienced developers and finance professionals. The protocol also has a governance model, allowing RBN token holders to vote on key decisions.
Ribbon Finance's structured products offer a new way for investors to maximize their returns in the crypto space. This could potentially disrupt traditional finance and pave the way for more advanced financial products in the DeFi sector.
RBN tokens can be purchased on several exchanges, including Uniswap and SushiSwap. Users can also earn RBN tokens by participating in the protocol's yield farming program.
RBN tokens can be stored in any wallet that supports ERC-20 tokens, such as MetaMask or Trust Wallet.
Ribbon Finance has collaborated with several other DeFi projects to enhance its product offerings. These partnerships have helped to increase the protocol's visibility and credibility in the crypto space.
Ribbon Finance has a clear roadmap for future development, with plans to introduce more structured products and improve the protocol's user interface and experience.
Like all DeFi projects, Ribbon Finance faces potential risks and challenges, including smart contract bugs and market volatility. However, the team is committed to mitigating these risks through continuous development and rigorous security practices.
Ribbon Finance has a vibrant and active community of users and developers who contribute to the protocol's growth and development.
Ribbon Finance is committed to complying with all relevant regulations to ensure the legality and safety of its operations.
In conclusion, Ribbon Finance is a promising DeFi project that offers innovative financial products to crypto investors. Its unique approach to yield optimization, combined with its commitment to security and decentralization, makes it a standout in the rapidly evolving DeFi landscape.
|Ribbon Finance Price||0.163592 USD|
|Market Cap||87,864,440 USD|
|24h Volume||149,572 USD|
|Circulating Supply||537,093,440.46 RBN|
|Max Supply||1,000,000,000 RBN|
|Yesterday's Market Cap||88,275,743.05 USD|
|Yesterday's Open / Close||0.165385 USD / 0.16436 USD|
|Yesterday's High / Low||0.165999 USD / 0.164116 USD|
-0.01% ( 0.001025 USD )
|Yesterday's Volume||156,487.98 USD|