Ithaca Protocol

About Ithaca Protocol

Ithaca is a non-custodial, composable, option protocol on Arbitrum (soon on Base and Solana). Backed by Cumberland and Wintermute, Ithaca consistently ranks Top 3 on DeFiLlama. Ithaca’s innovative modular infrastructure allows for instant spin up of complete liquid option | option strategy | structured product markets on any underlying. Their TG and X AI agent engages in macro investor-informed public discourse empowered by a shape-shifting adaptable personality and interacts with users and Itha Highlight/Vision: Vision：Ithaca will be the no1 option protocol across chains. Option market is huge everywhere_ never a ‘demand for options‘ challenge, always ‘liquidity’_ Ithaca solved this. Ithaca will be the _Uniswap of Options_. Features: Ithaca allows users to access seamless structuring and _ution of fully composable linear combinations of vanilla and digital options, stories, Principal Protected Strategies, and Ithaca Option Bot Telegram app - first self contained telegram native option bot_ opening up options to 1bln TG users. Token Economics: Ithaca Protocol will provide the cryptoeconomic framework for enabling sustainable option market liquidity creation with decentralized computation verifiability, built around market operation rewards paid to node operators and validators. These rewards can be paid as real return staking rewards or economically equivalently as proportional token buyback in the public market and proportional emission to the entitled stakers. Technical Overview: The Ithaca Protocol is underpinned by a matching engine that decomposes option payoffs into fundamental building blocks, allows for atomic matching and conditional order logic, and utilizes replication, portfolio dominance, and collateral optimization principles. It is designed to short-circuit liquidity bootstrapping which will shorten the time to institutional-level scale in on-chain options markets, which is hampered by fragmentation across blockchains and low liquidity amidst an absence of risk-sharing mechanics’ innovation. Token Allocation: Investors 19.25%: 0% TGE unlock, 6 months cliff, 18 months vesting Team 20%: 0% TGE unlock, 12 months cliff, 18 months vesting KOL 0.75%: 30% TGE unlock, 1 month cliff, 5 months vesting Public Sale 2%: 40% TGE unlock, 1 month cliff, 3 months vesting Treasury 18%: 0% TGE unlock, 6 months cliff, 10 months vesting Liquidity 5%: 100% TGE unlock Community Airdrop 1.8%: 0% TGE unlock, 1 month cliff, 20 months vesting Engine Oracle Strategic Partners 10%: 0% TGE unlock, 14 months cliff, 10 months vesting Quoting Infrastructure Strategic Partners 3%: 0% TGE unlock, 16 months cliff, 4 months vesting Staking Incentives 20%: 2% TGE unlock, 0 months cliff, 30 months vesting Launch Pad 0.2%: 0% TGE unlock, 1 month cliff, 5 months vesting