Alpha Leak | The Bull Case for Lyra

Alpha Leak | The Bull Case for Lyra

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Mike Spain is the Co-Founder of Lyra, an options trading protocol accessing the scalability of Layer 2 Ethereum to provide a robust, lightning-fast, and reliable trading experience.

David and Mike chat about how Lyra got started, the impact of on-chain options, Lyra’s newest launch—Avalon—and so much more.

Avalon is available now to a select group of users and will be available to the public on May 30th!

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—— Timestamps:

0:00 Intro 3:38 The Genesis of Lyra 6:20 On-Chain Options 11:36 How Lyra Wins 14:46 Pros & Cons of On-Chain Options 16:42 Lyra Limitations & Roadmap 21:47 Composibilty & Avalon 28:39 The Lyra Vision 30:19 Yield & Options 32:00 Lyra $OP Distribution 33:33 Closing

—— Resources:

Mike Spain https://twitter.com/0xmjs 

Lyra https://twitter.com/lyrafinance 

Avalon https://blog.lyra.finance/avalon-upgrade-primer/ 

Discord https://discord.com/invite/Lyra 

—– Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 

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