Users only need to deposit rswETH and eETH in Lyra and mint a yield-bearing derivative token, which then automatically executes a predefined yield-bearing strategy on-chain. In other words, any yield-bearing strategy can be automated and packaged into a composable ERC-20 token, which can be used elsewhere.
Related posts
-
First Cash-Settled Bitcoin Options to Debut on Cboe
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot... -
Cboe to launch first cash-settled options for spot Bitcoin
Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price... -
Jito Token Holders Slated for Payday Under TipRouter Proposal
Jito’s governance token JTO was created in the image of most every cryptoasset tied to a...