lyrafinance

Lyra Finance has introduced a new feature that allows holders of liquid restaking tokens (LRT) to generate additional yield using automated trading strategies.

This partnership with Swell Network and Ether.Fi will help users earn a higher annualized percentage yield compared to traditional finance options like U.S. treasuries. With this new product, holders of rswETH and eETH tokens can earn between 10% to 50% yield.

#lyra #lyrafinance #MicroStrategy #CryptoWatchMay2024 #buythedip

Lyra is partnering with Ethena Labs to offer a new product that allows users to earn 2.5x returns on their sUSDe yield if the price of ETH goes up, while preserving their initial investment if the price stays flat.

#lyra #lyrafinance #EthenaENA #EthenaLabs $ENA #BTC_Bounce_Back_to_57k

#Derive unveils strategic investment from #Maelstrom . Derive is a decentralized derivatives platform built on the #LyraFinance protocol. Lyra itself is a decentralized options market protocol, and Derive represents a layer or functionality within it focused on offering synthetic derivatives trading. These derivatives are financial contracts whose value is derived from the performance of an underlying asset, like cryptocurrencies, traditional assets, or other markets.