Ithaca Protocol
@ithacaprotocol
What is Ithaca Protocol all about? Let's break down the protocol attempting to reimagine option markets. This is not DeFi aspiring to be as good as TradFi: this is DeFi starting a financial revolution. Read on to find out. 👇🧵
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Ithaca Protocol
@ithacaprotocol
1/ Directly engage with intuitive and fun trading “stories” In 2 clicks (Pick a strategy -> Submit), you can trade all option strategies and structured products that are usually only accessible to professionals and institutions. And PROs can equally benefit from added transparency and custom strategies.
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Ithaca Protocol
@ithacaprotocol
2/ Access liquidity Our matching engine brings together markets that normally clear in isolation from each other. Liquidity is, therefore, not hindered by the existence of orders for multiple products, but significantly enhanced through network effects.
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Ithaca Protocol
@ithacaprotocol
3/ Customize your journey For the first time across TradiFi, CeFi and DeFi, Ithaca presents every market participant with direct access to financial engineering. Trade basic options or build ANY payoff profile consisting of as many legs as you want - keep adding legs and experiment with the resulting payoff shapes.
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Ithaca Protocol
@ithacaprotocol
4/ How does it work? By utilizing the principles of replication and portfolio dominance, the engine decomposes all orders into basic building blocks, subsequently maximizing matched volume.
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Ithaca Protocol
@ithacaprotocol
5/ With capital efficiency The collateral optimization engine updates collateral requirements before and after orders are filled. Collateral requirements are calculated at the portfolio level to maximize capital efficiency.
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