Ithaca Protocol has announced a significant tokenomics update, burning 100M $ITHACA tokens (10% of total supply). The burn targets:
- Unused LP incentives
- Expired launch giveaways
- Nonperforming partner allocations
Key Updates:
- Team and investors extending token lockup
- Investor vesting starts in 12 months
- Team vesting starts in 16 months
Recent protocol developments include:
- 1-minute options launch
- Tokenracer platform
- AI Agent Infrastructure with $STRATOS integration
- Non-custodial options platform
Burn transaction details will be published tomorrow.
Stratos Launches AI-Powered Options Trading Ecosystem
Stratos, a new DeFi project built on Ithaca Protocol, introduces an AI-driven options trading ecosystem. The platform features: - Community-governed AI agent swarm for automated trading - Transparent on-chain performance tracking - Composable trading strategies and modular architecture - Auction-based matching engine with MEV protection The project is backed by notable firms including Cumberland and Wintermute. Unlike traditional finance's high barriers ($10M minimums), Stratos aims to democratize advanced trading strategies through accessible, autonomous AI agents. Token launch scheduled for June 14th, 1pm UTC via Virtuals Genesis. [View live agent performance](http://app.ithacaprotocol.io/agents)
Ithaca Protocol Burns 100M Tokens
Ithaca Protocol has permanently removed 100,000,000 $ITHACA tokens, representing 10% of the total supply. The token burn was executed through a verified transaction on BSC. - **Burn Amount**: 100M $ITHACA - **Percentage**: 10% of total supply - **Status**: Permanent removal - **Verification**: [Transaction viewable on BSCscan](https://bscscan.com/tx/0xaa543c0a579882b34d0dbf139f5636a42752e8c049bc129be9f501d0f7264f85) This marks a significant reduction in circulating supply, following the protocol's commitment to token economics management.
Stratos AI Option Trading Platform Launches on Virtuals Genesis
Stratos, an AI-powered options trading platform built on Ithaca Protocol, is launching its TGE on June 15th at 1pm UTC via Virtuals Genesis. Key features: - Hedge-fund grade automated trading strategies - MEV-resistant auction-based matching - Recently audited by HashLock - Backed by Wintermute, Cumberland, and other major firms The platform offers: - Automated risk management - On-chain performance tracking - No minimum investment requirements - Self-optimizing AI trading agents Users can view live performance metrics at [Ithaca Agents Dashboard](app.ithacaprotocol.io/agents) and participate in the genesis event at [Virtuals Genesis](app.virtuals.io/geneses/3466/project-details).
Ithaca Protocol Announces Upcoming Token Generation Event

Ithaca Protocol, a decentralized platform for options trading, has announced their upcoming Token Generation Event (TGE). The protocol aims to make options trading more accessible through innovative market structures. - Platform focuses on composable options and structured products - Currently accessible via app.ithacaprotocol.io - TGE details pending official announcement The protocol has been developing its infrastructure since at least November 2023, working to democratize options trading for both newcomers and experienced traders.