Lyra Finance allows liquidity re-collateralization token holders to earn additional income through automated trading strategies
On May 8, the decentralized options platform Lyra Finance now allows holders of Liquidity Re-mortgage Tokens (LRT) to generate additional income. The platform will allow LTR holders to earn extra income using automated versions of popular strategies such as basis trading and covered call options. The tokenized derivatives income product was launched in partnership with the liquidity re-mortgage protocol Swell NEtwork and Ether.Fi.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Arthur Hayes received 132,730 ETHFI from Anchorage Digital
The US stock market will be closed on January 19th.
US Stock Market Closed Tomorrow, Early Closure for Gold, Silver, and Oil Trading
U.S. Treasury Secretary Yellen: Trump Committed to Preserving Fed's Independence