Ribbon Finance is the first crypto structured products protocol on Ethereum. It lets users earn sustainable, risk-adjusted yield through decentralised options vaults and lending.
The structured products use a combination of derivatives to achieve a specific risk-return objective, such as betting on volatility, enhancing yields, or principal protection. Users simply need to deposit their assets, and Ribbon’s smart contracts will do the rest. RBN is the project’s native governance token.
Between now and 23 August, Crypto.com App users can win a share of US$10,000 in RBN simply by trading the token and taking part in the Missions feature.
Campaign Period: 9 August 2023, 07:00 UTC – 23 August 2023, 00:00 UTC
Trading Challenge (US$10,000 Prize Pool)
2,000 users who trade at least US$10 of RBN and hold the Freshman Trader Badge or a higher rank will win US$5 of RBN.
Participation in the campaign is strictly optional.
In addition to the following rules, please refer to the Terms and Conditions, for further rules regarding eligibility.
The RBN App Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (‘disqualified trades’), will not be counted towards the participant’s transaction volume.
Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
The RBN rewards will be credited to the recipients’ Crypto.com App account in RBN tokens within 90 days after the campaign ends.
Recipients will be notified via email 14 days after the reward distribution is completed for confirmation.
The RBN/USD exchange rate used to administer the campaign will be determined around the time of prize distribution at the sole discretion of Crypto.com.
Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
By participating in the RBN App Campaign, participants acknowledge having read the Global Marketing Privacy Notice of Crypto.com, which is published at https://crypto.com/privacy/marketing and understand that we may use their personal information for the purposes of assessing their eligibility to participate in the campaign, identity verification, prize draw and prize redemption.
In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies involves a high degree of risk and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions.
