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Lyra announces launch of tokenized derivatives yield strategy on EigenLayer

Lyra announces launch of tokenized derivatives yield strategy on EigenLayer

CointimeCointime2024/05/07 02:31
By:Cointime

DeFi option protocol Lyra has announced the launch of tokenized derivative yield on EigenLayer through a post on the X platform. By using a new basic strategy, re-stakers on platforms such as Swell and ether.fi will receive an annual yield of 10%-50% on their LRT tokens (rswETH, eETH), tokenizing the basis trading and bullish covered call strategies.

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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.

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