Decentralized Options Platform Lyra Unveils Tokenized Derivatives Yield for LRT Holders

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.