Luxxfolio Plans Options Program for LTC and DOGE via Hypercall
- —Luxxfolio signed a non-binding LOI with Hypercall for LTC and DOGE options
- —The company would sell covered calls on selected LTC and DOGE holdings
- —Each option would be backed by the corresponding cryptocurrency
- —Program starts with an initial allocation, expansion depends on liquidity and treasury needs
Why it matters: An LTC miner entering Hyperliquid's derivatives market could generate yield on treasury assets and deepen options liquidity for LTC and DOGE.
Source: Cryptonews.net