A space to discuss the fundamentals of ‘Ribbon’.
Link to the dashboard: Ribbon Finance (RBN) - Key metrics | Dashboard | Token Terminal
Token Terminal <> Ribbon Finance | Monthly data update (June 2023)
Chains tracked: Avalanche, Ethereum
Methodology:
- Net deposits: Average value of funds currently deposited in Ribbon vaults. Includes funds deposited to 3rd party protocols
- Capital deployed: Monthly average value deposited to 3rd party protocols
- Fees: Total option premiums, rEarn yield, and management fees generated
- Supply-side fees: Share of option premiums and rEarn yield that goes to the liquidity providers
- Revenue: Share of option premiums, rEarn yield, and management fees that goes to the protocol (RBN holders)
- Token incentives: USD value of tokens that have been distributed to incentivise users
- Earnings: Revenue minus token incentives
- Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
- Daily active users: Monthly average number of daily distinct withdrawers and depositors
- Weekly active users: Monthly average number of weekly distinct withdrawers and depositors
- Monthly active users: Monthly average number of monthly distinct withdrawers and depositors
- Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
- Code commits: Number of commits to the project’s public GitHub repositories
Metrics (June 2023):
- Net deposits: $28.05m
- Capital deployed (monthly average): $21.12m
- Fees: $261.27k
- Supply-side fees: $212.54k
- Revenue: $48.73k
- Token incentives: $78.28k
- Earnings: $-29.55k
- Treasury (monthly average): $80.29m
- Daily active users (monthly average): 11
- Weekly active users (monthly average): 71
- Monthly active users (monthly average): 266
- Core developers (monthly average): 3
- Code commits: 3
