Lyra Finance (Page 3)

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Ignition

We’re thrilled to announce the beginning of Ignition, a 6-week journey to launch the LYRA token and transform Lyra into DeFi’s volatility engine. Beginning this Friday the 29th of October, 5.4% of all LYRA will be distributed to Lyra’s LPs, traders and stakers - all those

Lyra Protocol Engineering Update

Lyra Protocol Engineering Update

It’s been a busy time for all the engineers at Lyra, but now that we’ve settled into a rhythm it’s time to update the community with what’s been happening behind the scenes. We’ve been steadily growing and have now hit 11 core contributors working on

LINK options market now live

LINK options market now live

We're excited to announce that the Chainlink (LINK-USD) options market is now live on Optimistic Ethereum Mainnet. Eligible traders can now buy and sell options on LINK instantly with low gas fees. Trade LINK options ➜ [https://app.lyra.finance/trade/link]Our objective is to continue adding options

Introducing Lyra Liquidity Provision

Introducing Lyra Liquidity Provision

Today we are excited to officially launch Lyra’s ETH Market Liquidity Pool with a two week liquidity mining program! This will allow Lyra to provide significantly more trading volume and offer better pricing. To get started providing liquidity, head to the pools page of the dApp [https://app.lyra.

Liquidity Provision Primer

Liquidity Provision Primer

Lyra is launching liquidity incentives for options AMM liquidity providers (LPs). When deciding to provide liquidity to the AMM, it’s important to know the facts and risks associated with doing so. Things to know Your funds will be locked for the duration of the round If you are unfamiliar

Lyra Trial Liquidity Mining Program

Lyra Trial Liquidity Mining Program

[Note 27/09: This blog has been updated to reflect the new parameters for the liquidity mining program as described in LEAP-3 [https://leaps.lyra.finance/leaps/leap-4]] Today we are announcing the start of a trial liquidity mining program, designed to increase the supply of sUSD on OE and

Lyra integrates with 1inch on Optimism

Lyra integrates with 1inch on Optimism

Following a successful launch on Optimistic Ethereum, we are thrilled to announce that Lyra has integrated with the 1inch Network [https://1inch.io/] to provide in-app swapping, accessing the best pricing across multiple liquidity sources in DeFi. 1inch uses the Pathfinder algorithm which finds the best paths across over 60+

Lyra Integrates Chainlink Price Feeds on Optimism to Provide Accurate Options Pricing

Lyra Integrates Chainlink Price Feeds on Optimism to Provide Accurate Options Pricing

After a successful testnet beta and trading competition, we are excited to announce that Lyra has successfully integrated Chainlink Price Feeds [https://data.chain.link/], the industry-leading decentralized price oracle solution. Chainlink-powered decentralized oracles provide high-quality price data with high availability, resistance to manipulation, and transparency—a key input into

Lyra OΞ Mainnet Launch

Lyra OΞ Mainnet Launch

We are proud to announce that Lyra is now live on the Optimistic Ethereum (OΞ) mainnet! To start trading head to https://app.lyra.finance or check out the onboarding guide [https://blog.lyra.finance/onboarding-guide/]. Lyra is the first project to be built natively for OΞ, accessing a design

Onboarding Guide

Onboarding Guide

Lyra is the first project to be built natively for OΞ, accessing a design space that is unbounded by the constraints of layer one. This allows new approaches to hard problems like options, which have complex pricing and risk mechanics that require OΞ’s scalability. We’re beyond excited to

Lyra Bug Bounty

Lyra Bug Bounty

Lyra is joining Immunefi [https://immunefi.com/] to launch a smart contract bug bounty with up to $50,000 in rewards for critical vulnerabilities. Lyra is an options trading protocol on Ethereum. Designed natively for Optimism, Lyra is the first protocol to manage risk for liquidity providers, allowing it to

Introducing the Lyra Launch Council

Introducing the Lyra Launch Council

Today we are introducing the Lyra Launch Council, a community elected group that will oversee the launch of the protocol and token. In just two months, Lyra has grown from a handful of core contributors to a vibrant community with over 6000 discord members. After a successful testnet and trading

Trading Comp AMM Performance

Trading Comp AMM Performance

The Lyra trading competition is officially in the books! We’re thrilled with the community participation and the feedback we got throughout. If you missed the first competition wrap-up, check it out here [https://blog.lyra.finance/trading-competition-reflections/]. This post will examine how the AMM performed during the trading competition.

LyraDAO receives $1M contribution from the synthetixDAO

LyraDAO receives $1M contribution from the synthetixDAO

We’re excited to announce that the LyraDAO has received a $1M contribution from the synthetixDAO. DAOs have come of age in 2021, with DeFi and NFT projects alike opting for their flexible structure. Synthetix has been one of the pioneers of the movement, proving that it is possible to

Lyra Content Challenge!

Lyra Content Challenge!

Maybe you sat on the sidelines of the trading competition thinking ‘I am not a super pro options trader, when will it be my turn for glory?’ Now is your chance, an opportunity to share your creativity with the world. A content creation challenge with $3000USDC on the line. There

Reflecting on the Trading Competition

Reflecting on the Trading Competition

Wow! It might not have been the most realistic options trading competition, but it certainly wasn't boring. This post will look at some high level trends we observed in the competition, how we dealt with a bot attack, and what we learned from the process. Setup Each participant

Lyra DAO raises $3.3m

Lyra DAO raises $3.3m

We’re excited to announce that Lyra has raised $3.3M co-led by the largest venture capital firms in DeFi, Framework Ventures [https://framework.ventures/] and ParaFi Capital [https://www.parafi.capital/], with support from the DeFi Alliance [https://www.defialliance.co/], Divergence [https://www.divergence-protocol.com/], Orthogonal [https://orthogonal.

Impermanent Loss in Extreme Market Conditions

Impermanent Loss in Extreme Market Conditions

It’s hardly a secret that automated market maker (AMM) liquidity providers (LPs) incur impermanent loss (IL). As an AMM, Lyra is no exception. We believe in transparency and want to give prospective LPs as much information as possible about how our system performs in adverse environments, along with the

Trading Competition

Trading Competition

Calling all options traders and members of the Lyra Legion. It is time to prove your trading chops and shed blood protecting the future of France as we know it in the Lyra Trading Competition. Lyra Finance is the most complete decentralized options trading protocol built on Ethereum. Lyra combines

Testnet Parameters

Testnet Parameters

A brief overview of the logical framework we use for parameter setting and the factors we consider, using the initialized ETH parameters as an example. read more at https://www.lyra.finance

Lyra Testnet

Lyra is excited to announce that we have deployed to OΞ testnet and invite you to come and check out our trading dApp.

Why Lyra manages risk

Why Lyra manages risk

Lyra’s risk management process is at the heart of its mechanism. Find out more at https://lyra.finance/

Introducing Lyra

Introducing Lyra

We’re excited to introduce Lyra, DeFi's first complete options AMM. Find out more at https://lyra.finance/

Marquee Component

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