What is thena? Discover the outstanding features of Thena and THE . token
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
What is Lyra Finance? All information about Lyra Finance & token LYRA
Lyra Finance project overview
What is Lyra Finance?
Lyra Finance is a decentralized options exchange using the AMM model built on Optimism, a scaling solution for Ethereum. This gives Lyra Finance the ability to process transactions quickly and at low costs.
Besides, Lyra Finance also allows investors to make profits by depositing assets into the project's system without having to worry about the risk of scams in the cryptocurrency market.
Highlights of Lyra Finance
Thanks to the use of the AMM model, Lyra Finance is able to provide investors with instant liquidity and ensure quick processing of transactions. Lyra Finance partners with Synthetix to hedge liquidity providers.
Lyra Finance is developed on Optimism, so it inherits the security of Ethereum and has limited the problem of network congestion to help investors make transactions quickly with low costs.
Features of Lyra Finance
Trade : Lyra Finance allows investors to make options trades on asset pairs such as ETH/USD, LINK/USD, BTC/USD.
Trading interface of Lyra Finance
Earn : With this feature, investors can make profits through staking and providing liquidity on Lyra Finance. Currently, investors can provide liquidity for trading pairs ETH/USD, LINK/USD, in the future Lyra Finance will support more BTC/USD pairs.
Earn interface of Lyra Finance
Investors & partners of Lyra Finance
Lyra Finance has raised US$3.3 million from well-known venture capital funds such as Framework Ventures and ParaFi Capital, DeFi Alliance, Divergence, Orthogonal, Robot Ventures, Apollo Capital and Magnet Capital...
Investors of Lyra Finance
In addition, Optimism, Synthetix are the two main partners of Lyra Finance.
Partner of Lyra Finance
Lyra Finance's development roadmap
- March 2021 : Lyra Finance starts to conceptualize and implement the platform development plan
- April 2021 : Lyra Finance will finalize the platform's features
- May 2021 : Lyra Finance project conducts Audit
- June 2021 : Lyra Finance releases Testnet
- July 2021 : This project holds an options trading contest
- Q3 2021 : Lyra Finance officially released Mainnet
Some information about LYRA . token
What is LYRA?
Lyra is a token of Lyra Finance, with the following main functions:
Staking & Incentives Rewards : Lyra is also used as a reward for investors participating in Staking on Lyra Finance's system. In addition, participants providing liquidity on Lyra Finance or L2 Uniswap will receive Lyra tokens.
Governance : Owners of this token have the right to participate in the system administration process as well as they can contribute ideas to help developers build the Lyra Finance project.
Basic information about LYRA . token
- Token Name : Lyra Finance
- Ticker : Lyra
- Blockchain : Ethereum
- Token Standard : ERC-20
- Total Supply : 1,000,000,000 LYRA
Allocation of LYRA . tokens
- LP rewards : 15%
- Trading rewards : 15%
- SNX stakers : 2%
- Community incentives : 3%
- Token Liquidity : 5%
- Security Module : 10%
- DAO : 20%
- Team : 20%
- Investors : 10%
Allocation of LYRA . tokens
How to own and store LYRA . tokens
Investors can earn LYRA tokens by providing liquidity to Lyra Finance or L2 Uniswap (DAI/sUSD pair). In addition, the project spends 20,000,000 LYRA tokens as rewards for those who bring SNX tokens to stake on Lyra Finance.
LYRA is an ERC-20 standard token, so people can store LYRA in wallets like Trust Wallet , MetaMask , etc.
Conclude
Thus, TraderH4 has just brought you basic information about the Lyra Finance project and the Lyra token. Lyra Finance is a relatively new project and is in the process of being completed. Currently, investors can participate in staking SNX to experience the Earn feature as well as earn more LYRA tokens. With the above information, hopefully you have been able to judge the potential of the project in the future to make the right investment decision for yourself.
What is Blockade Games? Information about the Blockade Games project
Blockade Games provides a platform that allows developers to create blockchain games. In addition, Blockade Games also creates many interesting free games.
What is UNQ Club? All information about UNQ Club and UNQ token token
UNQ Club is a project that provides a blockchain platform that allows investors to collect and manage existing NFT assets.
What is BENQI (QI)? All information about the project and token QI
BENQI is one of the important pieces of the Avalanche ecosystem. Join TraderH4 to find out what BENQI (QI) is as well as detailed information about the QI token.
What is SafePal (SFP)? Project overview and SFP token
In addition to a cryptocurrency storage wallet, SafePal is also known to many investors for its SFP tokens and airdrop events with attractive rewards.
What is AKITA? Detailed overview of Akita Inu and AKITA tokens
The fever from Akita Inu in the Crypto market in the past time has created a great buzz along with the rapid development of the "dog house token".
What is IoTeX (IOTX)? Detailed introduction of IoTeX project and IOTX token
What is IoTeX? This is a blockchain built and developed in conjunction with the Internet of Things (IoT). Join TraderH4 to learn this article.
What is OKB? Things to know about OKB
What is OKB? OKB is an exchange coin of OKX and the OKX Chain blockchain. Let's learn about OKX and OKB exchanges with TraderH4 in this article.
What is DROPP GG? About DROPP GG project and DROPP token
DROPP GG brings an innovative and novel idea to provide an NFT mint platform based on geographies outside of the real world.
What is CronaSwap? Exploring the details of CRONA
CronaSwap is a DEX built on Cronos Chain, which has a similar model to Uniswap.
