New List – RBNUSDT – RBN, the Ribbon Finance token, will be trading on BitMEX later this week. 10 times Influence.
Trading is expected to begin on March 5th at 04:00 UTC. Read on to learn more about the latest listings.
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RBNUSDT contract specifications
RBNUSDT It is a linear perpetual swap with margin in USDT. This allows users to gain exposure to the price of Ribbon Finance tokens and trade with leverage without the need to hold RBN.
Key contract details for Ribbon Finance token listing:
- symbol: RBNUSDT
- margin currency: USDT
- contract size: 1RBN
- lot size: 10
- Minimum transaction amount: 10RBN
- underlying: .rainRBNT
- maximum leverage: 10 times
- maker fee: -0.015%
- Taker Fee: 0.075%
- default initial margin: 10.00%
- Default maintenance margin: 5.00%
You can trade. RBNUSDT permanent contract here Or see full contract specifications. here.
Introducing Ribbon Finance Token (RBN)
RBN is the native governance token of Ribbon Finance, the creator of Theta Vaults (DOV). Ribbon Finance is a suite of DeFi protocols that help users access crypto-structured products. It is a one-stop solution for users looking to improve the risk-return profile of their portfolio by combining derivatives, lending and a proprietary on-chain options exchange (Aevo).
Ribbon Finance announced that it will merge with Aevo in the first quarter of 2024. They also stated that after the merger, RBN tokens will be converted 1:1 to AEVO tokens.
To learn more about the project, visit their website and read the white paper. https://www.ribbon.finance/.
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