On-chain structured product Ribbon Finance has released the RGP-33 proposal, planning to merge with Aevo

ChainCatcher news, Ribbon Finance announced a new governance proposal RGP-33, planning to merge Ribbon Finance into its derivatives trading platform Aevo and designate Aevo as the sole brand name, restructuring governance and token economics. Ribbon Finance plans to abolish the original token RBN and launch a new token AEVO. In the future, Ribbon's products will be integrated into Aevo's structured product suite, and the original RBN and veRBN tokens will also be exchanged for AEVO at a 1:1 ratio.