Express

Ribbon Finance Launches WBTC Theta Vault with a Deposit Limit of 100 WBTC

Amy Liu

Summary: On-chain structured product Ribbon Finance launched the asset management vault product WBTC Theta Vault, with a deposit limit of 100 WBTC (approximately US$5.5 million), and the deposit limit will be increased over time. Currently, the deposit amount has reached the upper limit. Theta Vault is a revenue strategy focused on ETH and BTC. Users only ...

On-chain structured product Ribbon Finance launched the asset management vault product WBTC Theta Vault, with a deposit limit of 100 WBTC (approximately US$5.5 million), and the deposit limit will be increased over time. Currently, the deposit amount has reached the upper limit. Theta Vault is a revenue strategy focused on ETH and BTC. Users only need to deposit assets into smart contracts and they will automatically start running specific option strategies, alleviating the problem of excessive gas fees.

By Amy Liu

Last Update:

Tags: ,,
Link: Ribbon Finance Launches WBTC Theta Vault with a Deposit Limit of 100 WBTC   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • You need to login to comment.