Lyra Finance Invite Code "ZGWA5"

What To Do To Earn Lyra Points?

• Go To the Lyra Finance page
• Enter invite code "ZGWA5"
• Deposit minimum $25 to start
• More you deposit & use platform the more you earn

Lyra is launching a yield product that can automate and package up any yield-bearing derivatives trade into a composable erc20, starting with the basis trade and covered calls on EigenLayer and LRTs.

Lyra is the feature-complete derivative of DEX. Trade options and perpetual with cross-asset collateral, cross-margin, portfolio margin, and the superpower of self-custody.

The Lyra Protocol is a permissionless protocol that settles perpetual, options, and spot trades. The protocol is deployed to Lyra Chain, an Optimistic Rollup that settles to the Ethereum blockchain. The protocol is governed by the Lyra DAO and LYRA token holders.

To join the Lyra Finance airdrop you need to use the invite code "ZGWA5". You will get 250 points for ever $1 of trading fee you pay. If you deposit $100 and hold for an hour then you will get 1 point.

• Lyra is launching a new primitive to tokenize derivatives yield — any yield-bearing derivatives trade can be automated and packaged up into a composable erc20
• This new primitive will support the dynamic EigenLayer restaking ecosystem, as new AVSs and LRTs create demand for optimal and sustainable yield
• We are starting by tokenizing the basis trade and covered call strategies, allowing users to earn 10-50% APY on their LRTs (rswETH, eETH)

By offering restakers a productive way to put their assets to work — and generate real yield in the process — LRT providers can differentiate and establish network effects in a scalable and performant manner while their networks grow and mature.
There are two sources of yield that every LRT can immediately access:

• Basis Trade: Collateralizing the basis trade to harvest funding rate yield (earning a volatile 10-20% APY)
• Options Selling: Selling covered calls & call spreads to harvest volatility (earning 10-50% APY)

The issuance of AVS tokens will increase at an increasing rate as the EigenLayer ecosystem grows. Lyra will horizontally scale across this flourishing ecosystem as the new layer of derivatives yield for stakers and re-stakers.