Lyra's Deposits Now Live on Arbitrum

The options protocol Lyra tweeted that deposits are now live on Arbitrum. Users can deposit $USDC into the ETH Market Maker Vault in preparation for the upcoming Newport launch. MMVs allow Liquidity Providers to earn fees from trading along with stkLYRA rewards.

In addition, the council has allocated 30M $LYRA / year or about 1.15m $LYRA for the first 2 week epoch to incentivise deposits. Trading and rewards will be live in about 48hrs.

Source

Options

Arbitrum

DeFi

In This Article

Related News
Arbitrum Launched Bound Liquidity Delay Protocol on Testnet with Interactive Fraud Proofs Arbitrum Launched Bound Liquidity Delay Protocol on Testnet with Interactive Fraud Proofs
Solana Lending Protocol MarginFi saw $200M Users Fund Outflow in Two Days Solana Lending Protocol MarginFi saw $200M Users Fund Outflow in Two Days
The U.S. SEC Issued a Wells Notice to Uniswap The U.S. SEC Issued a Wells Notice to Uniswap
Frax Finance to Allocate $250M Ethena's USDe to a New Liquidity Pool Frax Finance to Allocate $250M Ethena's USDe to a New Liquidity Pool
Aave Proposes to Implement a Fee Switch to Distribute Fees to Token Holders Aave Proposes to Implement a Fee Switch to Distribute Fees to Token Holders
Latest News More More
18 Minutes Ago Tether Partnered with Telegram to Launch USDT Payment
41 Minutes Ago Bitcoin Layer 2 Stacks to Rollout Nakamoto Upgrade
1 Hour Ago Memecoin Shiba Inu Raised $12M From a Private Token Sale
1 Day Ago ZKasino Unilaterally Locks $33M of User Funds for 15 Months, Sparking Widespread Anger
1 Day Ago Bitcoin Fees Fall Sharply After Hit the Historically Record on the Havling Day
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open