About Ribe Swap

Ribe Rises as the World Burns

If current developments have demonstrated anything, it is that DeFi needs value additions to remain resilient when risk assets face market stress. Decentralised exchanges require an augmentation of efficiency and accessibility.

Ribe Swap can be this force and is well positioned to fill voids in developer experience and bolster swap efficiencies. Protocols which feature buyback functions have since been required make use of tokens that accumulate in the contract. These tokens then must be sold to fund buybacks, fouling a token’s performance.

Ribe Swap dispenses with this practice, instead accumulating ETH within the contract ready to facilitate buybacks and sustain protocols rather than harm them. Project founders will also now be able to use these funds for development and marketing. This greatly streamlines project expenditure and lays the groundwork for ecosystem growth.