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
VanEck: Reiterates Bitcoin's $180,000 target price remains unchanged
Nasdaq-listed Anixa Biosciences board approves purchase of Bitcoin as reserve asset
Double positive stimulus, DOGE price surges 17%