Latest Lyra Finance updates on March 28th

LyraFinance is on a roll. Recently, they announced the integration of their tokens into the new educational metaverse game from ThalesMarket. Furthermore, they have received 386,311 in $ARB from the DAO multisig on Arbitrum One. LyraFinance is also proud to be part of the Arbitrum ecosystem and is continuing to expand their offerings. This includes the launch of 3-month BTC and ETH expiries and the integration of their tokens into Kwenta Options exchange. LyraFinance is also hosting an AMA with CamelotDEX and Community Call #13 this Tuesday 14 March, 11.30pm UTC, to discuss recent updates to the Lyra protocol. All these updates have resulted in an all-time high in open interest and a 23% WoW growth in volume.

What is Lyra Finance ?

Lyra Finance is an innovative project that is aiming to revolutionize the world of cryptocurrency trading. The project is based on the concept of Crypto Options, which are a type of derivative trading. Through the use of options, traders can take advantage of the volatility of the cryptocurrency market while mitigating their risk.

Crypto Options are similar to traditional options, in that they are derivatives that give the owner the right, but not the obligation, to buy or sell an asset at a predetermined price. The difference is that Crypto Options are based on cryptocurrency instead of traditional stocks and bonds.

The Lyra platform is designed to make trading these options simple, secure, and accessible to everyone. The platform has an intuitive user interface that makes it easy for new users to get started. It also offers a variety of features such as advanced charting and analysis tools, market depth, and order book support.

In addition, the platform has a number of unique features that make it stand out from other cryptocurrency trading platforms. These include a system of smart contracts that allow traders to customize their trades and a decentralized settlement system that guarantees transparency and security.

Lyra Finance is also working on developing new features that will make it easier for traders to manage their portfolios and maximize their profits. These include a portfolio management system, a portfolio analysis tool, and a risk management system.

The Lyra Finance team is dedicated to providing traders with an easy and secure way to trade crypto options. With their innovative platform and cutting-edge technology, they are helping to make cryptocurrency trading accessible to everyone.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.