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Ribbon employs financial engineering to develop structured products with long-term returns. Ribbon's first offering is an automated options strategy that focuses on yield. Developers can also use the protocol to generate arbitrary structured products by merging different DeFi derivatives.Structured products are packaged financial instruments that employ a variety of derivatives to achieve a specific risk-return goal, such as betting on volatility, increasing returns, or protecting principal. Ribbon DAO is made up of several smart contracts. There are two tokens in the Ribbon DAO: one is RBN, the governance token. To participate in Ribbon DAO governance, an account must have a balance of vote-escrowed RBN (veRBN) or ordinary RBN.