Ithaca Protocol offers a put spread trading strategy for ETH with current reference price at 2537. The strategy involves:
- Selling 2.05x 2600/2400 put spreads (June 20 expiry)
- 1 delta provides 1 ETH exposure
- Receive $151.50
- Gross collateral: $410 (2.05x200)
- Achieves ~10x leverage
The protocol's matching engine facilitates ITM option liquidity through replication, making it efficient for such trades. Traders can execute put spreads through their dynamic option strategies interface at app.ithacaprotocol.io.
๐๐ก๐ฒ ๐๐จ๐๐ฌ๐งโ๐ญ ๐๐ญ๐ซ๐๐ญ๐จ๐ฌ ๐๐ฐ๐๐ซ๐ฆ ๐ฆ๐ข๐ฌ๐ฌ ๐จ๐ฎ๐ญ ๐จ๐ง ๐ฉ๐๐ซ๐ฉ๐ฌ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐จ๐ง ๐๐ญ๐ก๐๐๐ ๐๐ซ๐จ๐ญ๐จ๐๐จ๐ฅ? 1/4 Options vs perps on Ithaca Protocol: A comparison ๐บ๐ ๐๐๐๐, ๐๐ ๐๐๐๐๐ข๐๐ ๐ , ๐๐ ๐๐๐๐ข๐๐๐๐ก๐๐๐ ๐๐๐ ๐
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.
Ithaca Protocol Announces Major Token Reset and Extended Vesting
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](https://www.tokenracer.io) platform - AI Agent Infrastructure with $STRATOS integration - [Non-custodial options platform](https://app.ithacaprotocol.io) Burn transaction details will be published tomorrow.
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.