Ribbon Finance, an on-chain structured product, announces the launch of version V3 with new features including a 2x leverage strategy and Auction Flow Reservation auction mechanism. In addition, Ribbon Vault will be able to perform multiple, random size, random time auctions. In terms of user experience, Ribbon Finance has built a new feature which they call Intervault Transfers, which lets users switch between vaults of the same base asset in a single transaction.
