We are thrilled to announce an exciting collaboration between KlimaDAO and Ithaca Protocol, a cutting-edge composable, non-custodial option protocol revolutionizing risk sharing underpinned by a provably optimal, auction-based matching engine.
Together, we will launch option strategies and structured products on the $KLIMA token—a transformative step for the KlimaDAO community and $KLIMA token holders.
What This Means for $KLIMA Token Holders
New Tools for Risk Management:
Ithaca Protocol’s innovative options platform empowers $KLIMA token holders with strategic tools to manage volatility and hedge against market fluctuations. Whether looking to lock in performance or protect your portfolio, options provide unmatched flexibility.
Unlock Capital Efficiency:
Options are a capital-efficient tool that exposes you to $KLIMA’s potential with less capital at risk on a non-recourse basis. Utilizing Ithaca Protocol’s liquidity-enhancing infrastructure, you can trade options confidently, knowing the system is optimized for transparent, efficient, and composable strategies.
Advanced Market Dynamics for $KLIMA:
This partnership paves the way for more advanced trading instruments on $KLIMA token.
Greater market depth, robust price discovery, and various risk-sharing tools will ultimately benefit every stakeholder in our ecosystem.
About Ithaca Protocol
Ithaca Protocol’s mission is to build permissionless cross-chain infrastructure enabling optimal risk-sharing across time and event horizons. Ithaca is building AI-enabled DeFi infrastructure, allowing for instant deployment of options, option strategies, structured products, and principal-protected strategies. Soon, borrowing and lending markets and perpetuals will be available to Ithaca users.
How $KLIMA Options Work
An option grants the buyer the right (but not the obligation) to buy or sell $KLIMA at a set price (strike price) on a specific date:
Call Options: Right to buy $KLIMA.
Put Options: Right to sell $KLIMA.
By trading options on Ithaca Protocol, $KLIMA token holders will be able to implement diverse strategies, including:
Hedging to mitigate downside risks.
Anticipating $KLIMA’s price movement with reduced upfront costs.
Generating yield through premium collection strategies.
Expressing a variety of diverse views on the speed, direction, and timing of market moves
A Sustainable Financial Future
This partnership aligns perfectly with KlimaDAO’s mission to accelerate climate-positive financial innovation. By integrating options strategies, we’re enhancing $KLIMA token utility and advancing our goal of fostering sustainable financial systems.
🛠️ Getting Started
Visit Ithaca Protocol’s App to explore the options interface with ETH as underlying.
So, you can proceed with simple steps to place option orders, compose a strategy, and unlock new possibilities with $KLIMA.
Ready to elevate your $KLIMA strategy? Dive into the possibilities with Ithaca Protocol’s options platform.
Stay tuned for the AMA session with Ithaca team in X Space: “Options 101: How $KLIMA Options Empower Sustainable Investing” to learn more.
Together, we innovate and make a difference. 🌏