Lyra Announces Launch of $LYRA Token on December 14
TokenInsight news, the official Lyra Blog announced the launch of "Ignite", a protocol token $LYRA. 5.4% of the total $LYRA volume will be distributed to Lyra's liquidity providers, traders, and stakers starting October 29th. The official launch of $LYRA will take place on December 14, and all rewards will be paid out on that day.
Lyra, an options trading platform on the Etherchain, claims to be developing an AMM mechanism that both protects LPs and provides pricing for traders.