Lyra brings Real Yield to EigenLayer ⚡️⛈️🌪️ Deposit $weETH or $rswETH to earn: + $EIGEN + 10-50% APY + ETH Staking Rewards + 3x ether.fi Points + 3x $LDX or + 4.5x Swell Pearls + 4.5x $LDX Deposit now →

Lyra’s new Tokenized Derivatives are primitives that automate and tokenize the yield from derivatives strategies. Our first tokenized derivative will be covered call tokens; “C-Token” for short.

What’s the benefit of a C-Token? You can farm LDX and earn covered call yields (10-50% APY) while you keep farming: - @ether_fi 3x Points / @swellnetworkio 4.5x Pearls - EigenLayer Points - ETH Staking Rewards

Why is this needed? EigenLayer is facing a yield crisis. Restaking has found product-market fit in crypto. Yet the yields are unsustainable. Lyra will be the first to launch a primitive that sells volatility for cashflow; bringing sustainability to the restaking ecosystem.

How does it work? Deposit your $rswETH or $weETH onto the Lyra network and sell covered calls weekly. This strategy is automated and will balance yield from multiple sources.

What's a covered call? It's selling call options on an asset you own to earn yield. You commit to selling at a higher price in exchange for premiums.

Where does the yield come from? Multiple income streams. Earn from options premiums, ETH staking rewards, EigenLayer points, boosted re-staking points, and Lyra points.

How do I get started? EtherFi: Swell:

It’s important to note, strategy execution will not begin immediately, please stay up to date via official Lyra channels. For more information on strategy, yield, execution and risks please refer to

Trading is not available to users in restricted regions, see the Terms of Use for more details.

@ether_fi @swellnetworkio What would be the risk for depositors of @weETH and $rsweETH ?