Derive (formerly Lyra)

/lyra3730

Derive is the infrastructure layer for crypto derivatives. Backed by Framework and GSR. Powered by Optimism with Celestia underneath. Community-owned.

We just launched 11 new perp markets: AAVE, ATOM, BNB, ARB, DOGE, NEAR, OP, PEPE, SUI, TIA, WIF and WLD. To celebrate, we're doubling OP and DRV rewards.

Full details: https://x.com/derivexyz/status/1851419761021984969
If you held LYRA into the DRV migration, you are now eligible for a 2.5% boost on your deposit by prestaking!

1. Head to https://www.derive.xyz/migration
2. Connect your wallet and nominate your tokens for prestaking
3. Deposit and gain a 2.5% boost on your deposit on TGE
Variable-rate lending has arrived on Derive

You can now borrow USDC at 3.1% on Derive against: cbBTC, LBTC, weETH, rsETH, rswETH, sUSDe, USDe and sDAI.

Full Details: https://x.com/derivexyz/status/1844347382873591998
The current epoch has ended 1 week early and the Final DRV Epoch is live! Trade now and enjoy bonus OP rewards.

Full details here: https://fxtwitter.com/derivexyz/status/1836196514684899552
Announcing the Derive Angel Round!

33 leaders from the DeFi ecosystem backing Derive and our mission to bring programmable derivatives products to everyone.

Full announcement https://x.com/derivexyz/status/1834381688325198123
Lyra is now Derive

Full details: https://x.com/derivexyz/status/1828607400116658227

Derive reflects our vision for the future of decentralized finance.

Stay tuned for more updates as we continue to lead in this space.
Invite a friend. Flip a free token.

Starting today, Lyra users get free token rewards in $ENA, $PENDLE, $ETHFI and more every time they invite a friend to join Lyra.

Users can earn up to 1 $ETH per invite.

See full announcement → https://x.com/lyrafinance/status/1806850842626306457
Lyra has joined Debank!

Follow for special announcements and maybe even some prizes 👀

https://debank.com/official/Lyra
$232m in volume

Lyra's largest week by 30%
weETH deposits to Lyra Yield are now open from Arbitrum!

Earn 3x EtherFi Points + 3x LDX Points

Full announcement ↓
https://x.com/lyrafinance/status/1793643152680861737
Tokenized Derivatives on EigenLayer are LIVE

Deposit $weETH or $rswETH to earn:
+ $EIGEN
+ 10-50% APY
+ ETH Staking Rewards
+ 3x EtherFi Points + 3x $LDX or
+ 4.5x Swell Pearls + 4.5x $LDX

For the full announcement 👇
https://x.com/lyrafinance/status/1792699681769951545
For any new users or users coming back into the Lyra ecosystem, please read this thread if you have questions about LYRA, stkLYRA or vested LYRA.

🧵 Thread https://fxtwitter.com/lyrafinance/status/1788353128011837630
📗 FAQs https://help.lyra.finance/en/articles/9219427-lyra-to-ldx-migration
The LDX snapshot was taken on May 8 12:00 AM UTC.

Purchasing LYRA from the snapshot onwards will not confer any additional LDX.

https://x.com/lyrafinance/status/1787996752823636084
Today, Lyra is announcing tokenized derivatives yield on EigenLayer.

To read the full announcement ↓
https://x.com/lyrafinance/status/1787661135170396251
Update time ⏰

Join us in 24 hours, Wednesday 6 March, 12am UTC in the Lyra Discord for the first Community call of 2024.

We'll be covering:
- Lyra's 2024 mission and vision
- New product features + token proposals

📷 Set a reminder in Discord: https://tinyurl.com/28u6fwfn
lyra addressable market goes from 10k onchain users to *checks notes* all users

gm 🟢
casually dropping a feature that will change DeFi forever tomorrow 🤷‍♂️
Close to first $20m day today. $1 billy soon.
We remain nameless. We must do better.

Let's try this again: 1000 LYRA 🟢 to whoever comes up with the best name for the Lyra community.
Green Army 🥁 🥁 🥁

Last person to press the button wins 5,000 LYRA. 🟢

Rules:
- Follow @lyra.eth and connect a wallet to FC
- Everyone gets 1 button press
- If nobody presses the button after 10 minutes, the last person to press the button wins

3… 2… 1… GO! ⏲️

https://lyra.finance/frame/button
We're gifting 1000 LYRA to the Farcaster user that can come up with the best name for the Lyra community. 🟢

Some ideas: Green Army, Lyra Legion

Vetoes: Lyranauts

Let's go!