How AI is applied across API Evangelist and APIs.io. Read my AI disclosure →
API Evangelist API Evangelist
Discovery
Learnings
Guidance
Toolbox
Alignment
API Evangelist LLC

Borrowing Against Ribbon Vault Deposits

calendar_today April 21, 2022 person Ribbon Finance domain ribbon-finance

Capital inefficiency has been the perennial bear argument against DeFi options since early 2020 — and for good reason. Today, we are super excited to introduce the Ribbon Covered Call Fuse Pool — a way for users to borrow stablecoins against their yield-generating covered call position! What this unlocks Borrowing against your Ribbon Vault positions creates a whole range of new use-cases.

open_in_new Read original post