 | Lyra (LYRA)   |
Lyra, a DeFi platform focused on options trading and built on the Ethereum layer 2 protocol Optimism, giving traders 24/7 access to crypto markets with low fees and subsecond transaction speeds.
Seed Round: $3.3M
Strategic Round: $3M
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OptimismWhat is Lyra
In August of 2021, Lyra was launched as one of the first protocols to access the scalability of Layer 2 Ethereum on Optimism.
With the launch came the invention of Lyra Market Maker Vaults, a novel take on an Automated Market Maker for options that combines a best-in-class dynamic volatility model and risk management architecture to provide well-priced, two way options markets in DeFi.
Lyra designed and developed the first performant, scalable and accessible options decentralized exchange infrastructure and continues to innovate at the forefront of the space.
Token Allocation
Funding Details
Token distribution
10% - Investors
20% - Team
20% - DAO
15% - LP rewards
15% - Trading rewards
2% - SNX stakers
3% - Community incentives
5% - Token Liquidity
10% - Security Moduke
Token Price and Payment Options
Project team
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