Rebus Product Overview

August 31, 2022
Rebus Product Overview

Even in a bear market, the crypto ecosystem continues to grow. Here at Rebus, we’ve done a lot of growing ourselves, and there are a lot of new faces around. With all the information swirling around about our airdrop, it’s essential we don’t forget about the products that make Rebus, Rebus. Our products are the backbone of REBUS and a necessary component to help the Cosmos ecosystem. We welcome all the new Rebus followers and would love to show off our products that you may have missed. Let’s begin.

Rebus Products

Rebus has six different product types, each with sub-products corresponding to different investor types. For example, each liquidity pool product has different risk variables to meet the different risk tolerances of our TradFi investors.

In many cases, the higher the overall risk, the higher the potential Return On Investment (ROI) becomes, but it isn’t always the case!

different risk tolerances

*These products are neatly packaged in our Rebus Vaults, a layer for security and ease. Read in-depth about our vaults here. On top of this, we’ve previously written an overview of the Rebus platform and its products, as well as about income streams for the products.

Ribor

Ribor is Rebus’ Inter-Blockchain Offer Rate, a reference rate constructed by the daily staking yields.

Different Cosmos ecosystem tokens will have different Ribor names, such as:

  • Rebus — Ribor Reb
  • Atom — Ribor Atom
  • Osmo — Ribor Osmo
  • Etc…

As always, Rebus products are made to resonate heavily with TradFi, which is exactly why Ribor was created. We wanted to replicate the different interest rate indices that current fiat currencies currently have.

Staking Products

Staking is what the majority of our products fall under, as it’s simply one of the most significant investment opportunities that crypto and DeFi specifically have created for TradFi investors. They are the most similar to dividends, a reward structure with which TradFi resonates.

In total, we have five unique staking products in their corresponding vaults. Our liquidity pools act as shares, which revalue at the Ribor rate mentioned above. The reasoning behind five different staking products is to accommodate different levels of risk, duration, reward ratios, and overall target customer.

Liquidity Products

We will have three liquidity pools: single-pair, multi-pair, and multi-pair with loss control. As previously mentioned, we want to cater to all different appetites for risk, which is reflected in our choice of LPs.

The reward structure is based on transaction fees proportional to the size and frequency of each swap.

The underlying risk of our LPs is if the price of one or more of the swap pairs rapidly decreases, as with all liquidity pools. However, the APR of the pool can increase when both the size and the number of swaps happening in it increase.

NFT Products

We have two distinct NFT products: Digitally and physically backed NFTs. Both products start and finish in FIAT and operate entirely in our Rebus Vault, precisely what investors are looking for.

Our ethos behind these products is to allow TradFi investors to invest in different NFT products.

Physically backed are low risk but still offer exposure to NFT opportunities. NFT holders can use it as collateral to borrow money. The pool liquidates the NFT and shares the proceeds if the loan is not repaid.

Digitally backed is also low-risk exposure, operating in a similar fashion. If the floor price of an NFT or last traded price ratio falls below 120%, the NFT is liquidated.

Stable Coin Products

There are two products for our stablecoins: Stablecoin Stability Pool and Stablecoin Long. Both products are partially neutral to the market, the only risk being if the $REBUS/USD exchange rate rapidly decreases.

Our reasoning behind stablecoin products is to provide investors access to crypto investments with a very low probability of loss in their fiat currency.

Stablecoin Stability Pool: Has the least overall risk. Stablecoin product one is based on the size and frequency of borrowers, starting and ending in FIAT.

Stablecoin Long: Invests in both sides of the DeFi protocol. Therefore, there is a higher risk but higher reward than the first.

Machine Learning Products

Our penultimate products are based on machine learning to take advantage of modern statistical and data analysis techniques. The goal is to build products with a higher sharpe ratio.

We believe, through these techniques, DeFi investments can be optimally combined to garner much more stable and effective returns for investors.

Rebus Options

Last up is our options product, of which we have only one; the Rebus Delta Hedge Option. Currently, DeFi options are not common, which means there is no established reference market.

To aid us in mimicking that reference market, we used a TradFi technique called delta hedging, which allows us to almost exactly reproduce the payoff of an option. Rewards increase in correlation with the transaction volume.

Understandably, it may have been a lot of information to process at once. The good news is that we are extremely active on Twitter, Discord, and Telegram, where you can keep up to date with our progress.

On top of that, we’re moving ever closer to our airdrop date, read up all about it and how you can be eligible for some REBUS tokens.

— The Rebus Team

Learn more about Rebus

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