Ithaca Protocol

From the week of 2 December 2024.

Introduction to the project

Ithaca is a Non-Custodial, Composable Option Protocol enabling optimal risk sharing across time and event horizons for professional and retail users as well modular decentralized infrastructure to spin up and market make complete option, option strategy, structured product markets on any underlying.

🎯 Ithaca Protocol will Launch Their Token in December!

Trade ETH Options on Telegram:

• ⁠Vanilla & Digital options

• Spreads, Butterflies, Ladders, Condors

• Barriers, Contingents, Bets

• Any linear combination of vanillas & digitals with as many legs as you wish ( try it ! )

• Calendars

Connect with your non custodial wallet, get paid on your collateral & earn tokens trading.

A level playing field and consistent reliable execution by virtue of frequent batch auction framework.

Ithaca Protocol runs on Arbitrum.

Rewards for the RoOLZ Community

Ithaca Airdrop: Unlock Exclusive Rewards 🪂

Ithaca Protocol is reshaping options trading - and their airdrop program is designed to reward active traders and early supporters.

Why participate?

Earn Points by trading, engaging with the protocol, and referring friends. Your Points directly translate into a share of Ithaca’s upcoming token supply. Fair distribution ensures real users who contribute meaningfully are rewarded.

How it works

Accumulate points through trading $ETH options, completing social media actions, and unlocking special achievements. Airdrop One will distribute a percentage of the total token supply, proportional to the points you’ve earned during Season One. Convert 100 points into 1 Ithaca token at TGE and claim your rewards.

Multiply your Ithaca points with $GODL Staking

1. Earn Points in the RoOLZ App.

2. Connect Wallet to Ithaca.

3. Deposit Funds.

4. Do a small Trade to activate Points

🧵 More detailed info on how to complete steps, below.

What to expect

Access unique trading opportunities with Ithaca’s trading tools like spreads, barriers, and multi-leg strategies Stay updated on leaderboards, badges, and point earnings via our user-friendly dashboard. Enjoy a seamless and transparent point-to-token conversion process at TGE.

Useful links

• Official Website: https://ithacaprotocol.io I

• Ithaca App: https://app.ithacaprotocol.io

• Ithaca Option Bot (Telegram): https://t.me/IthacaOptionBot

• Telegram Link: https://t.me/ithaca_protocol

• X (Twitter) Link: https://x.com/IthacaProtocol

• Discord Link: https://discord.gg/ithaca

• Farcaster: https://warpcast.com/ithacaprotocol/

Step by Step Details

In order to activate Ithaca points ahead of upcoming Ithaca Protocol TGE, proceed as follows: 🧵👇

👇 Step 1: Earn Points:

Engage with Ithaca!

• Join the quests in the RoOLZ App.

• You will get points for completing the quests.

• The points earned in these quests will get a multiplier if you staked your $GODL in the RoOLZ App.

👇 Step 2: Connect Your Wallet

Two options:

• Ithaca Option Bot (Telegram): https://t.me/IthacaOptionBot

• Ithaca App: https://app.ithacaprotocol.io

Connect your wallet to earn 3,000 additional points. These will not get a ($GODL staking) multiplier.

👇 Step 3: Deposit Funds

Follow the provided instructions to bridge and transfer a minimum of 20 USDC on Arbitrum.

USDC Contract Address: 0xaf88d065e77c8cC2239327C5EDb3A432268e5831

This step is essential for activating your rewards.

• Enter into a Principal Protected Strategy as guided OR enter a simple option trade on Market Tab

• Watch video for detailed guidance entering Principal Protected Strategies and vanilla option trades on Ithaca Protocol: https://x.com/IthacaProtocol/status/1827351278307176908

👇 Step : Activate your points by trading Trade:

• a minimum of 0.2 (ETH) notional calls or puts

• OR $20 notional digital calls or puts

• OR 1 (ETH) notional forwards

• OR Deposit 1 (ETH) worth for at least 3 days.

This ensures the fairest possible distribution to real users.