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
Deutsche Bank: The Federal Reserve is likely to skip a rate cut in January next year
FTT briefly broke through $3.5, with a 24-hour increase exceeding 26.18%