Lyra Finance has launched a new feature that allows holders of liquid restaking tokens (LRT) to earn extra income through automated strategies such as basis trade and covered calls.

This feature, called tokenized derivatives yield, has been partnered with Swell Network and Ether.Fi, liquid restaking protocols.

#lyrafinance #SwellNetwork #Ether.Fi #lyeETH #buythedip

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