Introducing Shark Fin 

With Ithaca’s Shark Fin strategy, achieve secure returns while leveraging your market insights to unlock even greater gains. Perfect for both bullish and bearish outlooks, Shark Fin offers a unique pathway to earning in a protected, performance-driven way. 

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Non-Custodial, Composable Option Protocol.

1/ What is Shark Fin?
Shark Fin is a Principal Protected Strategy offering a baseline yield, plus the potential for higher returns if the asset price stays within a set range.
The name comes from the unique “shark fin” shape of its payoff structure, with returns peaking within a specific range, maximizing your earnings based on market performance.

3/ Key Benefits of Shark Fin:
Principal Protection: Your initial investment remains protected, providing peace of mind in all market conditions.
Enhanced Returns: Boost returns by leveraging your outlook within a chosen range—ideal for investors with a bullish or bearish stance.
Market Flexibility: Tailor the strategy to your market view, benefiting from an upward or downward market trend.
Earn Ithaca Tokens: Amplify your earning potential even further by participating within Ithaca’s ecosystem and earning additional rewards.

4/ How to Set Up Your Shark Fin Strategy
Step 1: Go to https://app.ithacaprotocol.io/trading/principal-protected-strategies 
Step 2: Choose Your Market Strategy
Select Bull if you anticipate ETH to rise or Bear if you expect it to decline by your selected expiry date.
Step 3: Set Expiry Date & Amount
Confirm the expiry date that suits your strategy, then decide how much USDC to allocate.
Step 4: Define Strike Levels
Set Strike 1 and Strike 2 values to see the Baseline Yield and potential Max Yield. You’ll also see a projection of Ithaca tokens you could earn.

5/ Visualize Your APY Potential
Step 5: View Expected APY in Payoff Diagrams
Clear payoff diagrams offer a visual representation of your potential APY across different market conditions, helping you make an informed decision.

6/ Confirm and Start Earning
Step 6: Submit to Auction
Once you’ve reviewed all details, click Submit to Auction button to confirm your position and start earning yield with Ithaca’s principal-protected innovation!

7/ Why Choose Shark Fin?
In a world of volatility, Shark Fin empowers you to navigate the market with confidence, protecting your principal while maximizing your potential earnings. Ithaca’s structure supports not only security but intelligent, performance-driven growth.

2/ How Does it Work?
This strategy combines principal protection with performance-based yield, designed to suit different market views.
You receive a guaranteed Baseline Yield regardless, with the potential for enhanced returns when ETH stays within your chosen price range.