About campaign
Ribbon Finance, the leading DeFi options protocol, is coming to the BNB chain and launching a new Vault where you can earn double-digit yield by putting your BNB to work! The vault earns yield on its BNB deposits by running a weekly automated covered call strategy. The vault reinvests the yield earned back into the strategy, effectively compounding the yields for depositors over time. Don't miss this opportunity to grow your BNB stack during the bear market!About campaign
Ribbon Finance, the leading DeFi options protocol, is coming to the BNB chain and launching a new Vault where you can earn double-digit yield by putting your BNB to work! The vault earns yield on its BNB deposits by running a weekly automated covered call strategy. The vault reinvests the yield earned back into the strategy, effectively compounding the yields for depositors over time. Don't miss this opportunity to grow your BNB stack during the bear market!How to join
Step 1: Go to https://app.ribbon.finance/v2/theta-vault/T-BNB-C
Step 2: Approve BNB
Step 3: Deposit at least 0.1 BNB in the vault.
Step 4: Confirm Deposit
Step 5: Enjoy the weekly yield paid in BNB!
Note:
*This vault has a lockup period of 7 days
**The Theta vault employs a Covered Call strategy. You can read more about it here: https://docs.ribbon.finance/theta-vault/theta-vault