The options agreement Lyra has opened deposits on Arbitrum and will launch trading and rewards within 48 hours

2023-01-30 09:03:21
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ChainCatcher news, according to official sources, the options protocol Lyra has launched on the Ethereum Layer 2 network Arbitrum and has opened the deposit feature. Users can deposit USDC into the ETH liquidity provider treasury in preparation for the upcoming Newport release. MMV allows liquidity providers to earn fees from trades as well as stkLYRA rewards. The Lyra council has allocated 30 million Lyra per year or 1.15 million Lyra for the first two weeks to incentivize deposits, with trading and rewards set to go live in approximately 48 hours.

According to Rootdata, Lyra previously completed two rounds of financing, raising a total of $6.3 million, with participation from Framework Ventures, GSR, Robot Ventures, and others. (Source link)

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