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      <image:title>Ribbon Research - Protocol Revenue Split is LIVE - Make it stand out</image:title>
      <image:caption>Sofia Pazari</image:caption>
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      <image:caption>Hollie Beaumont</image:caption>
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      <image:caption>Collette Noll</image:caption>
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      <image:title>Ribbon Research - Borrowing Against Ribbon Vault Deposits - Make it stand out</image:title>
      <image:caption>Craig Classon</image:caption>
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      <image:title>Ribbon Research - Ribbon x BENQI: Staked AVAX - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Ribbon Treasury Launch Partner: Perpetual Protocol - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Ribbon Treasury Launch Partner: Perpetual Protocol - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - veRBN is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/b0f22e74-3c79-4d0c-ac44-789822d90107/Governance+Portal+.png</image:loc>
      <image:title>Ribbon Research - veRBN is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Ribbon Research - veRBN is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Ribbon comes to Solana - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Ribbon comes to Solana - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Compensation on Overcharged Deposits - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Compensation on Overcharged Deposits - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - stETH Covered Calls are Live! - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Ribbonomics - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Ribbonomics - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Ribbonomics - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Staked ETH on Ribbon - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - AAVE Covered Calls - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Ribbon Treasury - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Ribbon OG NFT - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Ribbon OG NFT - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Launching Ribbon V2 - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Launching Ribbon V2 - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Launching Ribbon V2 - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Open Auctions - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Open Auctions - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Algorithmic Strike Selection - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Ribbon Research - Algorithmic Strike Selection - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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      <image:title>Ribbon Research - Introducing Ribbon V2 - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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    <loc>https://www.research.ribbon.finance/blog/fee-less-transfers</loc>
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      <image:title>Ribbon Research - Fee-less Transfers - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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    <loc>https://www.research.ribbon.finance/blog/liquidity-mining-retrospective</loc>
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    <lastmod>2022-06-02</lastmod>
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      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
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    <image:image>
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      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/14633772-7a80-43d7-9a6c-6667f88b31c2/0_DDjQ2GNmn4hdL8Gs.png</image:loc>
      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/9621912b-8947-4629-a56a-888838f3bfb6/0_tlQDbXbtV06V8XtV.png</image:loc>
      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Ribbon Research - Liquidity Mining Retrospective - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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  <url>
    <loc>https://www.research.ribbon.finance/blog/doubling-the-vaults</loc>
    <changefreq>monthly</changefreq>
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    <lastmod>2022-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/0132a796-59a2-424c-8cef-04c2a7c5482b/1_EjR-_GsY0QXtgzpPmfKh-Q.gif</image:loc>
      <image:title>Ribbon Research - Doubling The Vaults - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/d528901a-f2ef-4c75-9cce-ceaf300523dd/1_0oAK--N0NTgWdPVksXS0Vg.png</image:loc>
      <image:title>Ribbon Research - Doubling The Vaults - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/33e052bd-9812-4e7f-b91b-5b8665fbc911/1_Fe0p6sHTQWOQYNb2FpcVPQ.gif</image:loc>
      <image:title>Ribbon Research - Doubling The Vaults - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/2e48c804-69fd-4ac8-979f-633f566cfb47/1_u-tr90aQOJgQYNxkvU0DeA.gif</image:loc>
      <image:title>Ribbon Research - Doubling The Vaults - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/6c2fe5ce-1a8c-4778-8f87-64a24d1ea49d/1_E51m69KeB3InUDzsjDl9jw.gif</image:loc>
      <image:title>Ribbon Research - Doubling The Vaults - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/859bd0da-0aff-4bbb-89de-c872ce0a2b6b/0_I6IXKDinOWeENHj4.png</image:loc>
      <image:title>Ribbon Research - Doubling The Vaults - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/liquidity-mining-has-concluded</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/9e6f71aa-c35c-4ca4-a0b9-7aae9ff90afb/Liquidity+Mining.png</image:loc>
      <image:title>Ribbon Research - Liquidity Mining has concluded! - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/rbn-airdrop-distribution</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/af5ad8fc-197a-40fe-8077-4b92a759dd3c/airdrop3.png</image:loc>
      <image:title>Ribbon Research - RBN Airdrop Distribution - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/bd70b8e2-c373-4d94-802a-365a35c6c761/airdrop+.gif</image:loc>
      <image:title>Ribbon Research - RBN Airdrop Distribution - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/0ada89fb-f507-4cd0-ae9a-76346e13a7fb/airdrop5.png</image:loc>
      <image:title>Ribbon Research - RBN Airdrop Distribution - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/fccd288f-4686-4ba5-8376-07c4a3eaad7c/airdrop+2.png</image:loc>
      <image:title>Ribbon Research - RBN Airdrop Distribution - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/c9feeeee-92cf-41fe-a375-aa3c30abdd32/airdrop4.png</image:loc>
      <image:title>Ribbon Research - RBN Airdrop Distribution - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/rgp-2-liquidity-mining-program</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/ce19a422-281f-4b90-add8-12d00fafc032/liquidity+mining+program+.gif</image:loc>
      <image:title>Ribbon Research - RGP-2: Liquidity Mining Program - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-governance-proposal-1</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/98575f9a-f5c5-4f88-b5d4-61a2cc163950/Gov+Proposal+1.png</image:loc>
      <image:title>Ribbon Research - Ribbon Governance Proposal - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/b063e502-2d3a-4adc-9ffd-581b46b2ba77/proposal+1+.png</image:loc>
      <image:title>Ribbon Research - Ribbon Governance Proposal - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/decentralizing-ribbon-governance</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/8767603a-d6cd-419a-b051-c7619ecb586c/Decentralizing+Ribbon+Governance+-min.gif</image:loc>
      <image:title>Ribbon Research - Decentralizing Ribbon Governance - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/stacking-ribbon-x-yearn-yield</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/5339f350-2291-475e-a5b3-214307c02b09/yearn+gif2+.gif</image:loc>
      <image:title>Ribbon Research - Stacking Ribbon x Yearn Yield - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/0016afa5-7495-4c58-8910-4c621c707dd9/Yearn+gif1.gif</image:loc>
      <image:title>Ribbon Research - Stacking Ribbon x Yearn Yield - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/46222db8-0fc8-4e8e-993a-399f566aad05/Screenshot+2022-06-07+at+4.21.53+PM.png</image:loc>
      <image:title>Ribbon Research - Stacking Ribbon x Yearn Yield - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/0f4436be-764b-48d3-a6e9-ff03700589ba/Yearn+yield+.png</image:loc>
      <image:title>Ribbon Research - Stacking Ribbon x Yearn Yield - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/automated-put-selling-vaults</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/57b96ecc-d3b8-492e-9cb8-de12c1baa5dd/auto+put-selling+-min.gif</image:loc>
      <image:title>Ribbon Research - Automated Put-Selling Vaults - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/high-yield-on-wrapped-bitcoin</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/6fa8fa83-98df-4785-87f6-b1eb30dce972/Wbtc-min.gif</image:loc>
      <image:title>Ribbon Research - High Yield on Wrapped Bitcoin - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/raising-the-theta-vault-cap</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/9e112844-2857-4f02-a1bf-75e2622ecadd/Raising+Theta+Vault+Cap-min.gif</image:loc>
      <image:title>Ribbon Research - Raising the Theta Vault Cap - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/theta-vaults-are-now-live</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/d58d6ae8-3fb5-4a79-8d96-ef10e3fa0a92/Vaults+live+3.png</image:loc>
      <image:title>Ribbon Research - Theta Vaults Are Now Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1961862c-91d7-46e0-acfd-d419a62784d0/Vaults+Live.gif</image:loc>
      <image:title>Ribbon Research - Theta Vaults Are Now Live - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/44051814-b3fe-46dd-97d6-89c9e9441889/Vaults+live+2.png</image:loc>
      <image:title>Ribbon Research - Theta Vaults Are Now Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/theta-vault-backtest-results</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/36a6dea6-ea80-48e8-8b17-4a9431971083/vault+backtest+2.png</image:loc>
      <image:title>Ribbon Research - Theta Vault Backtest Results - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/0339f6f8-d271-49d1-bde7-e72972dc88db/vault+backtest+3.png</image:loc>
      <image:title>Ribbon Research - Theta Vault Backtest Results - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/bdef6680-078a-438a-81f2-627182755baa/Vault+backtest.jpeg</image:loc>
      <image:title>Ribbon Research - Theta Vault Backtest Results - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/405388ca-d828-4fa8-b0ac-d42347c083fb/vault+backtest+4.png</image:loc>
      <image:title>Ribbon Research - Theta Vault Backtest Results - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1b5b1f60-1a8d-4dfb-8bba-5fdc003d0232/vault+backtest+5.png</image:loc>
      <image:title>Ribbon Research - Theta Vault Backtest Results - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/option-vaults-automated-options-strategies</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/956d1236-0d19-4e0b-a1d4-9e8ee7029fd6/auto+option+strategies+2.png</image:loc>
      <image:title>Ribbon Research - Option Vaults — Automated Options Strategies - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/de6d43f0-de89-46fb-a8c6-7b274e5dc901/auto+options+strategies+3.png</image:loc>
      <image:title>Ribbon Research - Option Vaults — Automated Options Strategies - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/15ef5a3b-6be2-42c9-aa3f-19e916dbb6ce/auto+option+strategies+.png</image:loc>
      <image:title>Ribbon Research - Option Vaults — Automated Options Strategies - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/yield-hacking-for-fun-and-profit</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-08</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/601fd9d5-8e39-46b4-b6f0-6e0a3ad8bd8e/Yield+Hacking+4.png</image:loc>
      <image:title>Ribbon Research - Yield Hacking for Fun and Profit - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/81d8794b-3ec9-41e6-b01e-05790147c619/Yield+Hacking+2.png</image:loc>
      <image:title>Ribbon Research - Yield Hacking for Fun and Profit - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/401a43e3-1e90-47c7-9803-62bfa4723acb/Yield+Hacking+3.png</image:loc>
      <image:title>Ribbon Research - Yield Hacking for Fun and Profit - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/a6a46ef5-a277-41d1-a36a-517d08c9270c/Yield+Hacking.png</image:loc>
      <image:title>Ribbon Research - Yield Hacking for Fun and Profit - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-auction-performance-analysis</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-16</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4f6a54c3-c93a-4fbf-af43-9c52e6fc0418/historicalTermStructure+%283%29.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Genesis Volatility. Data as of 12 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/60a0de97-aae2-4522-9abb-87ca8735a665/Ribbon+TVL.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: https://defillama.com/protocol/ribbon-finance/all/USD. Data as of 8 June 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/e3533657-58d8-4cf1-ad74-cae7e61f89fc/historicalTermStructure+%281%29.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Genesis Volatility. Data as of 12 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/f7920a93-3d4f-44f1-8790-58ebb3de5677/Screenshot+2022-06-07+at+7.09.08+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Deribit, GVOL and Ribbon Finance. Data as of the 17th of May 2022. Data used is from 13 Jan 2022 to 10 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/b2adfc41-5614-498c-9336-becdbcd3f392/Screenshot+2022-06-08+at+11.24.30+AM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/ac10f00a-26ee-4e3b-8fa3-0b1af94a0c88/Screenshot+2022-06-07+at+7.06.43+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Deribit, GVOL and Ribbon Finance. Data as of the 17th of May 2022. Data used is from 13 Jan 2022 to 10 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/19a8df34-6362-4e2e-89b2-dcec051994b1/Screenshot+2022-06-07+at+6.52.11+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Deribit, GVOL and Ribbon Finance. Data as of the 17th of May 2022. Data used is from 13Jan2022 to 10 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/8be63fe2-27f3-487d-aba9-b066b63b5fdf/4May22+Skew.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Genesis Volatility. Data as of 12 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4ecf7422-ae06-4bc6-b623-be0bcf6a0a19/Screenshot+2022-06-07+at+7.03.51+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Deribit, GVOL and Ribbon Finance. Data as of the 17th of May 2022. Data used is from 13 Jan 2022 to 10 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4cfe0a60-6458-43ca-9855-7a52ece7488e/Screenshot+2022-06-07+at+6.58.29+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Deribit, GVOL and Ribbon Finance. Data as of the 17th of May 2022. Data used is from 13Jan2022 to 10 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/f5064983-3547-401f-8bb6-c56be9e24b33/Screenshot+2022-06-07+at+6.55.31+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Deribit, GVOL and Ribbon Finance. Data as of the 17th of May 2022. Data used is from 13 Jan 2022 to 10 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/9587c166-ccf3-4e24-a3b5-c5a64c6c2db8/6May22+skew.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Source: Genesis Volatility. Data as of 12 May 2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/3e7c397e-9152-45a5-8ca4-807c0f31902d/DOV+TVL.png</image:loc>
      <image:title>Ribbon Research - Ribbon Auction Performance Analysis - Make it stand out</image:title>
      <image:caption>Deribit is the current leading centralised exchange for crypto derivatives, accounting for ~95% of the volume traded. (https://www.deribit.com/)</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/options-strategies-strangle</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-23</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1655400486099-D9WA7L86RVZKCMQSHVTZ/Ribbon+Research+-+Strangle.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Strangle - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/7a08820c-f242-46f6-b76f-1887e8b800dd/Strangle1.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Strangle - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/f6d734f1-1c3a-4e03-bade-5e83c22d8892/Strangle3.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Strangle - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/341d14ed-2abb-45b8-b021-cedf186ee2ae/Strangle2.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Strangle - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/perp-vault-case-study-on-treasury-management</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-06-30</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/2141572b-d9bb-4109-a4f5-eb38176ab3b7/PERP+recap.png</image:loc>
      <image:title>Ribbon Research - $PERP Vault: A Case Study On Treasury Management - Make it stand out</image:title>
      <image:caption>*APY is calculated by extrapolating the yield</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1655965869164-UBMKW5R0GT9P6JNKBK06/Perp+Vault_Case+Study.png</image:loc>
      <image:title>Ribbon Research - $PERP Vault: A Case Study On Treasury Management - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/interview-julian-koh</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-07-21</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/a8818667-e39f-4980-9038-f41ae27e3925/IMAGE+2022-06-30+14%3A39%3A29.jpg</image:loc>
      <image:title>Ribbon Research - Interview: Julian Koh - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/options-greeks-vega</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-08-17</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/b54283b2-32d6-4776-83a7-6cfc0138ebe0/Screenshot+2022-07-20+at+5.24.19+PM.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4594c038-09ad-45ec-bef6-413e4c1af148/Screenshot+2022-07-20+at+6.17.30+PM.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/cc5231da-0c94-4cf2-afce-8ec806e5445f/Screenshot+2022-07-20+at+6.07.42+PM.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/44a8bff7-7ef5-44b1-bf67-31a241e625ba/Ribbon+Research+-+Greeks+Vega.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/68e0410b-ff1c-4524-85bb-70001768b3d3/Screenshot+2022-07-20+at+6.09.25+PM.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/cfb9a6f7-562d-4870-8d39-7f8f3b812e16/Screenshot+2022-07-20+at+6.13.15+PM.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/131d117c-11f0-4d0c-af45-c9392150ba78/Screenshot+2022-07-20+at+6.06.44+PM.png</image:loc>
      <image:title>Ribbon Research - Options Greeks: Vega - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/introducing-ribbon-earn</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-08-24</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/b7d9c99b-3b85-47ec-841e-641090d5212e/Screenshot+2022-08-17+at+11.27.56+AM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/2f0e53e0-d517-4f8f-9a05-48808d5e6db6/Screenshot+2022-08-17+at+11.25.26+AM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/6ac5d3fb-03c0-4fdc-96f6-23fdbd0907a3/Screenshot+2022-08-17+at+11.25.55+AM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/b4784e0d-6d1b-4486-a83e-88c68e979836/Screenshot+2022-08-17+at+12.00.59+PM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-earn-is-live</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-09-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4082a6a0-2d46-41f0-aa7f-d837f7b22c56/Screenshot+2022-08-24+at+9.02.29+AM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Earn is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/87647cb4-6edf-4c2a-8eb6-07780742a469/R-Earn_Product_Preview.gif</image:loc>
      <image:title>Ribbon Research - Ribbon Earn is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/295c3d3b-5129-4d6d-b637-c98e7ba5d56a/REARN+MAIN.jpeg</image:loc>
      <image:title>Ribbon Research - Ribbon Earn is Live - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/r-earn-structured-products</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-09-14</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/2b229ab5-6f73-41f4-b309-7711bd4e0db8/Ribbon+Research+-+Poster+B-4.png</image:loc>
      <image:title>Ribbon Research - R-EARN: Structured Products - Make it stand out</image:title>
      <image:caption>Hollie Beaumont</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/aedc802c-0381-425d-986a-7a970e89e6b3/Screenshot+2022-09-01+at+12.05.52+PM.png</image:loc>
      <image:title>Ribbon Research - R-EARN: Structured Products - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/882a3551-59e6-4d00-879c-dbaf3c4901a7/Screenshot+2022-09-01+at+12.06.18+PM.png</image:loc>
      <image:title>Ribbon Research - R-EARN: Structured Products - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/introducing-ribbon-lend</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-11-16</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/ef2fde59-de51-4ee5-9ae8-965133ea72b4/Screenshot+2022-09-14+at+1.14.05+PM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Lend - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4578ec61-8d09-4e3f-93ac-ebd3c2c56aff/Screenshot+2022-09-14+at+12.41.12+PM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Lend - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-lend-snapshot</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-10-19</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/a505691a-be24-41c4-9b36-3d0a6b18376c/Ribbon+Research+-+Ribbon+Lend+Snapshot.png</image:loc>
      <image:title>Ribbon Research - Ribbon Lend Snapshot - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/the-other-side-of-the-trade-orbit-markets</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-10-27</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1666181701746-3JS7QHR8VZB2G0C9VX8O/Ribbon+Research+-+OrBit+Markets.png</image:loc>
      <image:title>Ribbon Research - The Other Side Of The Trade: OrBit Markets - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/options-strategies-delta-neutral</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-11-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/bb888ee0-140b-47b1-9d78-ee00150ee4f9/Ribbon+Research+-+Options+Strategies+-+Delta+Neutral.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Delta Neutral - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/0d0e0405-f363-4626-9f40-c5364127f718/Screenshot+2022-10-27+at+6.44.26+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Delta Neutral - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/91abfb5a-dd81-4cbb-8a23-e03f27231b9f/Screenshot+2022-10-27+at+6.39.20+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Delta Neutral - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/9948d782-c832-40ff-8f7a-974925f4017c/Screenshot+2022-10-27+at+6.49.21+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Delta Neutral - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/options-strategies-butterfly</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-11-03</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/c116dcf2-6f51-426c-a24d-1b33a7b12a77/Screenshot+2022-11-02+at+8.20.56+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/a1938ba5-9e3e-417a-91f7-1fbda43cd9f3/Screenshot+2022-11-02+at+8.22.14+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/665ad8bb-7b67-4ade-9c9d-1529f5faa0c3/Screenshot+2022-11-02+at+8.22.48+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/af6befda-c978-44e1-9442-4cc040838ea1/Ribbon+Research+-+Butterfly.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/a83bc274-17bd-4b36-9dd7-d1c813d2c9d3/Screenshot+2022-11-02+at+8.24.19+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/18334af3-83dd-486a-ae72-350c46e14633/Screenshot+2022-11-02+at+8.30.25+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/51618352-dcba-4237-82f9-574db2adb6fa/Screenshot+2022-11-02+at+8.31.53+PM.png</image:loc>
      <image:title>Ribbon Research - Options Strategies: Butterfly - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-finance-dao-community-bounties</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-11-16</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/8361e0e8-98e1-4541-854c-f3e6b58845bf/RBN+Bounty+1.png</image:loc>
      <image:title>Ribbon Research - Ribbon Finance DAO Community Bounties - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/18738d9f-0e07-462b-9111-a16fda4870df/RBN+Bounty+2.png</image:loc>
      <image:title>Ribbon Research - Ribbon Finance DAO Community Bounties - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/649d9a27-0e23-4040-b6a4-144bf7942f27/RBN+Bounty+3.png</image:loc>
      <image:title>Ribbon Research - Ribbon Finance DAO Community Bounties - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/the-other-side-of-the-trade-qcp-capital</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-11-29</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/807e94dd-3258-413c-919b-c5830256881f/Ribbon+Research+-+QCP+Capital.png</image:loc>
      <image:title>Ribbon Research - The Other Side Of The Trade: QCP Capital - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/introducing-ribbon-vip</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2022-12-01</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1669710347633-781ZA9DTG378HHKPGR3S/Ribbon+VIP.jpg</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon VIP - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/introducing-ribbon-earn-steth</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-01-05</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/e36dbf08-60c1-44a3-a3ce-293336f17d5a/Screenshot+2022-12-01+at+6.14.28+PM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn stETH - Make it stand out</image:title>
      <image:caption>Source: Ribbon Finance, as of 30Nov2022. Data from 30/04/2021 to 25/11/2022. Backtesting analysis for illustrative purposes only. Ribbon Finance provides no assurance or guarantee that the strategy will operate or would have operated in the past in a manner consistent with the above backtesting analysis. Backtest and/or past performance figures are not a reliable indicator of future results. All data backtested over the entire range.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/1b61fb31-8850-48f9-8abe-90e630ca1f66/Screenshot+2022-12-01+at+6.11.43+PM.png</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn stETH - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/2d253eb6-4103-47ec-9c80-9991ef7b407b/stETH-EARN.jpg</image:loc>
      <image:title>Ribbon Research - Introducing Ribbon Earn stETH - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/the-other-side-of-the-trade-galaxy-digital</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-09</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/4b8f6364-bb27-4356-be53-9b3e9b94c1cd/Ribbon+Research+-+Galaxy+Cover.png</image:loc>
      <image:title>Ribbon Research - The Other Side Of The Trade: Galaxy - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-vip-wave-2</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-01-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/dd540935-a695-4683-a6c8-2bff85ce5e18/Ribbon+VIP+-+Wave+02.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP - Wave 2 - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/migrating-from-friktion-to-ribbon</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/8c4726c8-8a9b-4df1-af78-edbcb5aff3c1/Friktion.png</image:loc>
      <image:title>Ribbon Research - Migrating from Friktion to Ribbon - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-vip-custom-trade-case-study</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-09</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/31de3723-0ea8-4e0d-8401-b4bebd9c3a5b/Ribbon+VIP+Trade2.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP: Custom Trade Case Study - Make it stand out</image:title>
      <image:caption>Source: Ribbon Finance, 2023.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/9ca53b70-8e19-4500-ac35-b7d11ade441d/Ribbon+VIP+trade1.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP: Custom Trade Case Study - Make it stand out</image:title>
      <image:caption>Source: Ribbon Finance, 2023.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/f67517b7-d635-4719-a536-155905d5333e/Ribbon+VIP+Trade3.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP: Custom Trade Case Study - Make it stand out</image:title>
      <image:caption>Source: Ribbon Finance, Amberdata, 2023. Data ranging from 01Jan22 to 22Dec2022.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/cfb52022-6415-4de9-be07-4173c7e9cd0c/RibbonVIP%3ACase+Study.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP: Custom Trade Case Study - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/d3ce2c17-03b4-4dbd-9da4-2997f2cdfdc5/Ribbon+VIP+trade4.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP: Custom Trade Case Study - Make it stand out</image:title>
      <image:caption>Source: Ribbon Finance, Amberdata, 2023. Data ranging from 01Jan22 to 22Dec2022.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/the-other-side-of-the-trade-genesis</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-03-09</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/28334130-8c08-409f-8597-28e6c18f9cf6/Ribbon+Research+-+Blog+Post++Genesis%281%29.png</image:loc>
      <image:title>Ribbon Research - The Other Side Of The Trade: Genesis - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-vip-ribbonati</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-04-16</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/92e72acd-e8a8-43a4-b6da-b9c8466d8bee/Ribbon+VIP+-+Ribbonati.png</image:loc>
      <image:title>Ribbon Research - Ribbon VIP - Ribbonati - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/ribbon-earn-v2-is-live</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-05-09</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/72c20115-0ac7-4f80-9130-1f709a409ec8/R-Earn+Backed-Fi.gif</image:loc>
      <image:title>Ribbon Research - Ribbon Earn USDC V2 is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/02956d20-a049-49cc-80e1-99ab4b0c521e/Screenshot+2023-04-16+at+5.39.14+PM.png</image:loc>
      <image:title>Ribbon Research - Ribbon Earn USDC V2 is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/54a5feb6-dd20-436b-bde4-2d5cf96068e3/REARNV2.jpg</image:loc>
      <image:title>Ribbon Research - Ribbon Earn USDC V2 is Live - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/crypto-options-volatility-recap</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-05-25</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/f500f2c9-8172-4c24-8f15-db4cb48a147d/Vol+Blog+5.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Source: Amberdata.io</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/bc4182b8-f32a-4b72-8665-020ff2da120d/Vol+Blog+2.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Source: Amberdata.io, Volmex</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/564588ab-de0d-44a3-a694-d2c3ab6130b3/Vol+Blog+1.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/3bd8ce45-5f4d-41dc-a666-9124a1e73d2b/Vol+Blog+4.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Source: Amberdata.io</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/f3f64f19-439e-47bb-8093-65cb02b58a95/Vol+Blog+6.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Source: Amberdata.io</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/92fa7321-2c1c-4656-8192-09e954a96bf4/Vol+Blog+3.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Source: Amberdata.io</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/6c88d445-03ae-4fd4-bfe5-8cd7967f5102/Screenshot+2023-05-09+at+2.42.31+PM.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/6f356250-1709-4dd2-9ab2-5b7dbdec937c/Ribbon+Research+-+Crypto+Vol+Recap+png.png</image:loc>
      <image:title>Ribbon Research - Crypto Options Volatility Recap - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/volatility-strategies-and-delta-hedging</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-06-06</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/ee9f71c2-039d-4a91-954f-9eb3e39a57f9/Ribbon+Research+-+Blog+Post+%281%29.png</image:loc>
      <image:title>Ribbon Research - Volatility Strategies and Delta Hedging - Make it stand out</image:title>
      <image:caption>As volatility traders, we aim to remain directionally neutral. If we do not want the directional risk, then we need to remove our risk to Delta and have more exposure to Theta, Gamma and Vega. It is important to understand what our view is and what risks we need to take to express that view. Essentially, delta-hedging allow us to put on more risk by removing the risk that we do not want to have exposure to.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/45dd1a5e-2d17-4b96-bc57-ac97a40f1e59/Screenshot+2023-05-25+at+4.52.54+PM.png</image:loc>
      <image:title>Ribbon Research - Volatility Strategies and Delta Hedging - Make it stand out</image:title>
      <image:caption>Figure 1: Option chain on Aevo - $1.8K 30-JUN-23 ATM Straddle</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/ecc170a5-519b-4f01-bf44-ed7ba98f73c2/Screenshot+2023-05-25+at+5.00.32+PM.png</image:loc>
      <image:title>Ribbon Research - Volatility Strategies and Delta Hedging - Make it stand out</image:title>
      <image:caption>Figure 2: Aevo ‘portfolio’ function - Greeks on trade inception</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/8edb2b37-c73a-44b0-8d5b-1f44b734ee51/Screenshot+2023-05-25+at+5.32.52+PM.png</image:loc>
      <image:title>Ribbon Research - Volatility Strategies and Delta Hedging</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/aa97b8bf-218d-4e47-a968-5ece5fac12f6/Screenshot+2023-05-25+at+5.22.19+PM.png</image:loc>
      <image:title>Ribbon Research - Volatility Strategies and Delta Hedging - Make it stand out</image:title>
      <image:caption>Figure 3: Aevo ‘portfolio’ function - Greeks on day t + 10</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/category/Announcement</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/category/Analysis</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/category/Aevo+Exchange</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/category/New+Product</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/blog/category/Governance</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.research.ribbon.finance/home</loc>
    <changefreq>daily</changefreq>
    <priority>1.0</priority>
    <lastmod>2023-05-25</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/627988321d6a280b407f270b/ee9f71c2-039d-4a91-954f-9eb3e39a57f9/Ribbon+Research+-+Blog+Post+%281%29.png</image:loc>
      <image:title>Home - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
</urlset>

