# Lyra Request For Comment (LRFC) **URL:** https://forums.derive.xyz/c/leaps/8.md [Latest](https://forums.derive.xyz/latest.md) · [Categories](https://forums.derive.xyz/categories.md) · [Tags](https://forums.derive.xyz/tags.md) --- ## [About the Lyra Request For Comment (LRFC) category](https://forums.derive.xyz/t/about-the-lyra-request-for-comment-lrfc-category/16)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 0
This category is for LRFCs to be published to the community for discussion and feedback. --- ## [\[LRFC\] Migrate $LYRA to $LDX](https://forums.derive.xyz/t/lrfc-migrate-lyra-to-ldx/208)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 2\ **Last updated:** [April 19, 2024, 8:57am UTC](https://forums.derive.xyz/t/lrfc-migrate-lyra-to-ldx/208 "2024-04-19T08:57:18Z")
Simple Summary Migrate $LYRA to $LDX, the native utility token of the Lyra Derivatives Network. Abstract This proposal outlines a path to migrate $LYRA to a new token called $LDX. The structure and supply of $LDX will b… --- ## [\[LRFC\] Update to Lyra Trading Incentives - Incentivize Maker Volume](https://forums.derive.xyz/t/lrfc-update-to-lyra-trading-incentives-incentivize-maker-volume/205)
**Author:** [@ksett](https://forums.derive.xyz/u/ksett)\ **Replies:** 0\ **Last updated:** [March 26, 2024, 7:59pm UTC](https://forums.derive.xyz/t/lrfc-update-to-lyra-trading-incentives-incentivize-maker-volume/205 "2024-03-26T19:59:36Z")
Simple Summary Revise Lyra Economics V2 Abstract This proposal suggests modification to the Ecosystem incentives proposed in Lyra Economics V2, transitioning from rewards based solely on taker fees paid to rewarding bot… --- ## [\[LRFC\] Move Governance to Lyra Chain](https://forums.derive.xyz/t/lrfc-move-governance-to-lyra-chain/187)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 4\ **Last updated:** [March 6, 2024, 12:20am UTC](https://forums.derive.xyz/t/lrfc-move-governance-to-lyra-chain/187 "2024-03-06T00:20:54Z")
Simple Summary Move governance to Lyra Chain. Abstract We outline a proposal that will greatly improve the experience of LYRA holders. It will perform a full migration of governance to Lyra Chain. Motivation Recently, … --- ## [Whitelisting Strands Deploying Address on Lyra Chain](https://forums.derive.xyz/t/whitelisting-strands-deploying-address-on-lyra-chain/190)
**Author:** [@Lochcrest](https://forums.derive.xyz/u/Lochcrest)\ **Replies:** 0\ **Last updated:** [February 16, 2024, 6:30am UTC](https://forums.derive.xyz/t/whitelisting-strands-deploying-address-on-lyra-chain/190 "2024-02-16T06:30:51Z")
Simple Summary Strands is deploying the SFP pilot to Lyra Chain and needs an account whitelisted to deploy the system’s Smart Contracts. Abstract We propose adding the following Strands address to the deployer whitelist… --- ## [Launch Lyra Research Collective Working Group](https://forums.derive.xyz/t/launch-lyra-research-collective-working-group/199)
**Author:** [@LRC](https://forums.derive.xyz/u/LRC)\ **Replies:** 0\ **Last updated:** [February 29, 2024, 8:31pm UTC](https://forums.derive.xyz/t/launch-lyra-research-collective-working-group/199 "2024-02-29T20:31:50Z")
Author: α-cen, kubesqrt, mastermojo Status: Complete Created: February 28, 2024 Simple Summary The storm provides a LEAP proposing to upgrade the Lyra Research Collective (LRC) into a dedicated working group governed … --- ## [\[LRFC\] Solution to Improve DAO Governance Efficiency](https://forums.derive.xyz/t/lrfc-solution-to-improve-dao-governance-efficiency/167)
**Author:** [@Godwin](https://forums.derive.xyz/u/Godwin)\ **Replies:** 7\ **Last updated:** [February 15, 2024, 4:16am UTC](https://forums.derive.xyz/t/lrfc-solution-to-improve-dao-governance-efficiency/167 "2024-02-15T04:16:43Z")
1. Motivation: I believe Lyra DAO is very serious about its Governance Process and involving community in making key decisions as evidently by the amount of work has go into governance. I’m a co-founder of Syncvote. I … --- ## [\[LRFC\] Launch Lyra V2](https://forums.derive.xyz/t/lrfc-launch-lyra-v2/157)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 3\ **Last updated:** [December 10, 2023, 9:38am UTC](https://forums.derive.xyz/t/lrfc-launch-lyra-v2/157 "2023-12-10T09:38:44Z")
Simple Summary Deploy and launch Lyra V2. Abstract This proposal outlines the sequence needed to launch Lyra V2. Once the system is operating reliably, ownership of the contracts will be transferred from the DAO multisi… --- ## [\[LRFC\] LYRA Economics V2: Governance, Adoption and Sustainability](https://forums.derive.xyz/t/lrfc-lyra-economics-v2-governance-adoption-and-sustainability/142)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 7\ **Last updated:** [November 21, 2023, 6:42pm UTC](https://forums.derive.xyz/t/lrfc-lyra-economics-v2-governance-adoption-and-sustainability/142 "2023-11-21T18:42:26Z")
Authors: Mjs, Cody Adam, Sean Dawson Simple Summary Upgrade the utility and economics of LYRA to prepare for V2. Abstract We outline a proposal to upgrade the utility and economics of the LYRA token. This proposal has … --- ## [\[LRFC\] Lyra & Velodrome - Automate veVELO management with Relay](https://forums.derive.xyz/t/lrfc-lyra-velodrome-automate-vevelo-management-with-relay/150)
**Author:** [@0xmethodic](https://forums.derive.xyz/u/0xmethodic)\ **Replies:** 4\ **Last updated:** [November 21, 2023, 6:40pm UTC](https://forums.derive.xyz/t/lrfc-lyra-velodrome-automate-vevelo-management-with-relay/150 "2023-11-21T18:40:12Z")
Simple Summary Lyra has accumulated over $11K in unclaimed voting rewards and 650K unclaimed veVELO rebases on Velodrome, resulting in Lyra missing out on faster growth for its veVELO position and increased ability to at… --- ## [Newport Rewards Reduction and Terminal Rate](https://forums.derive.xyz/t/newport-rewards-reduction-and-terminal-rate/138)
**Author:** [@Nick](https://forums.derive.xyz/u/Nick)\ **Replies:** 6\ **Last updated:** [November 3, 2023, 12:59pm UTC](https://forums.derive.xyz/t/newport-rewards-reduction-and-terminal-rate/138 "2023-11-03T12:59:06Z")
Simple Summary To prepare for the launch of Lyra v2, it is necessary to start gradually reducing the incentives programs for the current version of the protocol, Newport. Additionally, we should establish a final rate of… --- ## [\[LRFC\] Changes to the Grants Council Role](https://forums.derive.xyz/t/lrfc-changes-to-the-grants-council-role/86)
**Author:** [@Cameron](https://forums.derive.xyz/u/Cameron)\ **Replies:** 12\ **Last updated:** [September 29, 2023, 6:05pm UTC](https://forums.derive.xyz/t/lrfc-changes-to-the-grants-council-role/86 "2023-09-29T18:05:25Z")
Simple Summary This proposal suggests expanding the role of Lyra Grants Council members to function as ambassadors, representing and promoting the mission, values, and impact of Lyra Grants. By assuming an ambassadorship… --- ## [Extend Lyra DAO with EIP-4824](https://forums.derive.xyz/t/extend-lyra-dao-with-eip-4824/130)
**Author:** [@amanwithwings](https://forums.derive.xyz/u/amanwithwings)\ **Replies:** 2\ **Last updated:** [August 24, 2023, 2:16pm UTC](https://forums.derive.xyz/t/extend-lyra-dao-with-eip-4824/130 "2023-08-24T14:16:55Z")
Abstract The EIP-4824 standard defines common interfaces for DAOs via daoURI, akin to tokenURI for NFTs. This proposal will extend Lyra DAO to EIP-4824 by deploying a new registration contract through a contract interact… --- ## [\[LRFC\] Introduce Lyra V2 and Establish Lyra Foundation](https://forums.derive.xyz/t/lrfc-introduce-lyra-v2-and-establish-lyra-foundation/108)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 9\ **Last updated:** [August 3, 2023, 12:38am UTC](https://forums.derive.xyz/t/lrfc-introduce-lyra-v2-and-establish-lyra-foundation/108 "2023-08-03T00:38:56Z")
Authors: Mjs, Sean Dawson Simple Summary Introducing Lyra V2 and establishing the Lyra Foundation. Abstract This proposal outlines “Lyra V2”, a platform that can facilitate the settlement, margining and matching of der… --- ## [\[LRFC\] Update for ongoing Lyra protocol incentives](https://forums.derive.xyz/t/lrfc-update-for-ongoing-lyra-protocol-incentives/103)
**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\ **Replies:** 5\ **Last updated:** [July 28, 2023, 4:51am UTC](https://forums.derive.xyz/t/lrfc-update-for-ongoing-lyra-protocol-incentives/103 "2023-07-28T04:51:42Z")
Simple Summary Modify ongoing liquidity incentives across all markets. Abstract Rebalance incentives across all markets to help drive more volume towards the most popular markets. Also, move more incentives towards Opti… --- ## [Bug Bounty Vault Proposal by Hats Finance](https://forums.derive.xyz/t/bug-bounty-vault-proposal-by-hats-finance/82)
**Author:** [@Fav\_Truffe](https://forums.derive.xyz/u/Fav_Truffe)\ **Replies:** 8\ **Last updated:** [July 25, 2023, 9:19am UTC](https://forums.derive.xyz/t/bug-bounty-vault-proposal-by-hats-finance/82 "2023-07-25T09:19:29Z")
Simple Summary This is a proposal for Lyra Finance to collaborate with Hats.finance to create an on-chain, free, non-custodial, scalable and permissionless incentives pool for hackers/auditors to protect the Lyra Finance… --- ## [\[LFRC\] Mycelium’s Future Option #1: Proposal to Acquire LYRA by Token Holders](https://forums.derive.xyz/t/lfrc-mycelium-s-future-option-1-proposal-to-acquire-lyra-by-token-holders/89)
**Author:** [@Mycelium](https://forums.derive.xyz/u/Mycelium)\ **Replies:** 6\ **Last updated:** [July 25, 2023, 9:02am UTC](https://forums.derive.xyz/t/lfrc-mycelium-s-future-option-1-proposal-to-acquire-lyra-by-token-holders/89 "2023-07-25T09:02:34Z")
Simple Summary Today, a Mycelium DAO proposal was made entitled “The Future of Mycelium”, with three options for how Mycelium DAO and the MYC token will move forward. Option #1 of the proposal is entitled “Proposal to Ac… --- ## [\[LRFC\] Deploy Chainlink Market on Newport Optimism](https://forums.derive.xyz/t/lrfc-deploy-chainlink-market-on-newport-optimism/79)
**Author:** [@Cameron](https://forums.derive.xyz/u/Cameron)\ **Replies:** 7\ **Last updated:** [July 25, 2023, 9:00am UTC](https://forums.derive.xyz/t/lrfc-deploy-chainlink-market-on-newport-optimism/79 "2023-07-25T09:00:02Z")
Simple Summary Launch a Chainlink(LINK) market on the Optimistic Ethereum, using SNX Perps V2 market as the hedging venue. Abstract This LEAP proposes launching the LINK market on the Optimistic Ethereum deployment. It … --- ## [Deploying XRP Market on Newport Optimism](https://forums.derive.xyz/t/deploying-xrp-market-on-newport-optimism/84)
**Author:** [@Cameron](https://forums.derive.xyz/u/Cameron)\ **Replies:** 4\ **Last updated:** [July 25, 2023, 8:57am UTC](https://forums.derive.xyz/t/deploying-xrp-market-on-newport-optimism/84 "2023-07-25T08:57:47Z")
Simple Summary Launch an XRP market on the Optimistic Ethereum, using SNX Perps V2 market as the hedging venue. Abstract This LRFC proposes launching the XRP market on the Optimistic Ethereum deployment. It will be init… --- ## [Proposal to Discontinue BTC Vault on Arbitrum](https://forums.derive.xyz/t/proposal-to-discontinue-btc-vault-on-arbitrum/96)
**Author:** [@degeneratoor](https://forums.derive.xyz/u/degeneratoor)\ **Replies:** 4\ **Last updated:** [July 25, 2023, 8:43am UTC](https://forums.derive.xyz/t/proposal-to-discontinue-btc-vault-on-arbitrum/96 "2023-07-25T08:43:55Z")
Simple Summary The proposal entails discontinuing the BTC vault on Arbitrum, redirecting liquidity and volume towards Optimistic Ethereum (OP), given the higher fees on GMX and fragmented liquidity between OP and Arbitr… --- ## [\[LRFC\] 250k USDC raise for POL via Arbor Bonds](https://forums.derive.xyz/t/lrfc-250k-usdc-raise-for-pol-via-arbor-bonds/24)
**Author:** [@schorgie30](https://forums.derive.xyz/u/schorgie30)\ **Replies:** 3\ **Last updated:** [July 9, 2023, 11:46pm UTC](https://forums.derive.xyz/t/lrfc-250k-usdc-raise-for-pol-via-arbor-bonds/24 "2023-07-09T23:46:55Z")
LEAP #: Title: 250k-USDC-raise-for-POL-via-Arbor-Bonds Author: Arbor Finance @arborfinance, Cameron Schorg @schorgie30 ## Simple Summary This LEAP proposes the Lyra DAO raise $250k USDC via the Arbor Bond Protocol … --- ## [\[LRFC\] Deploy Lyra on the Avalanche C-Chain](https://forums.derive.xyz/t/lrfc-deploy-lyra-on-the-avalanche-c-chain/77)
**Author:** [@Ava\_Labs](https://forums.derive.xyz/u/Ava_Labs)\ **Replies:** 4\ **Last updated:** [June 30, 2023, 12:05am UTC](https://forums.derive.xyz/t/lrfc-deploy-lyra-on-the-avalanche-c-chain/77 "2023-06-30T00:05:41Z")
\[LRFC\] Deploy Lyra on the Avalanche C-Chain Simple Summary This is a proposal to deploy Lyra on the Avalanche C-Chain with initial AVAX, WETH.e and BTC.b vaults. Abstract We believe that Lyra has an opportunity to ex… --- ## [\[LRFC\] Deploy Lyra on Polygon zkEVM](https://forums.derive.xyz/t/lrfc-deploy-lyra-on-polygon-zkevm/59)
**Author:** [@fkt](https://forums.derive.xyz/u/fkt)\ **Replies:** 15\ **Last updated:** [June 30, 2023, 1:43am UTC](https://forums.derive.xyz/t/lrfc-deploy-lyra-on-polygon-zkevm/59 "2023-06-30T01:43:55Z")
Simple Summary Polygon zkEVM is an open-source ZK-Rollup that provides EVM equivalence for a frictionless user experience and to benefit from the security of Ethereum. This proposal recommends launching Lyra on Polygon… --- ## [\[LRFC\] Incentives for next epoch](https://forums.derive.xyz/t/lrfc-incentives-for-next-epoch/75)
**Author:** [@Cameron](https://forums.derive.xyz/u/Cameron)\ **Replies:** 0\ **Last updated:** [June 16, 2023, 5:52am UTC](https://forums.derive.xyz/t/lrfc-incentives-for-next-epoch/75 "2023-06-16T05:52:31Z")
Simple Summary Deciding new emissions rate transitioning Lyra Finance Lp incentives to Lyra after the end of the epoch and Arbitrum incentives. Abstract Lyra Finance has successfully implemented LP incentives, including… --- ## [\[LRFC\] Lyra Alerts - Analytics](https://forums.derive.xyz/t/lrfc-lyra-alerts-analytics/74)
**Author:** [@lyrananalytics](https://forums.derive.xyz/u/lyrananalytics)\ **Replies:** 5\ **Last updated:** [June 19, 2023, 8:03pm UTC](https://forums.derive.xyz/t/lrfc-lyra-alerts-analytics/74 "2023-06-19T20:03:34Z")
Hi everyone! Simple Summary: This LEAP proposes the development of Lyra Analytics, a comprehensive system that provides real-time analytics, reporting, and insights for the Lyra community. It aims to improve community … --- ## [\[LRFC\] Coinstore - Hosting of Lyra Protocol frontend](https://forums.derive.xyz/t/lrfc-coinstore-hosting-of-lyra-protocol-frontend/56)
**Author:** [@Jowenson94](https://forums.derive.xyz/u/Jowenson94)\ **Replies:** 5\ **Last updated:** [June 15, 2023, 3:22pm UTC](https://forums.derive.xyz/t/lrfc-coinstore-hosting-of-lyra-protocol-frontend/56 "2023-06-15T15:22:38Z")
Simple Summary Coinstore to fork and host Lyra Protocol frontend on Coinstore’s webview that is modelled closely around LEAP-43 with additional infrastructure/education support to boost the adoption of Lyra and TVL. Hos… --- ## [\[LRFC\] Deploy Automated Strikes and Expiries](https://forums.derive.xyz/t/lrfc-deploy-automated-strikes-and-expiries/70)
**Author:** [@Cameron](https://forums.derive.xyz/u/Cameron)\ **Replies:** 0\ **Last updated:** [June 7, 2023, 5:08am UTC](https://forums.derive.xyz/t/lrfc-deploy-automated-strikes-and-expiries/70 "2023-06-07T05:08:26Z")
Simple Summary: Deploy a ListingManager contract on all option markets to fully automate the process of listing boards and strikes. Abstract: The Lyra Automated Market Maker (AMM) has successfully provided trustless com… --- ## [\[LRFC\] Lyra Protocol \<\> Libra Exchange Partnership Proposal](https://forums.derive.xyz/t/lrfc-lyra-protocol-libra-exchange-partnership-proposal/43)
**Author:** [@LibraExchange](https://forums.derive.xyz/u/LibraExchange)\ **Replies:** 9\ **Last updated:** [May 29, 2023, 8:03pm UTC](https://forums.derive.xyz/t/lrfc-lyra-protocol-libra-exchange-partnership-proposal/43 "2023-05-29T20:03:02Z")
Simple Summary Allow Libra Exchange to host LYRA (LYRA-WETH or LYRA-USDC) liquidity, for Lyra Protocol to receive vote escrowed LIBRA ($veLIBRA, locked for 4 years), and to be onboarded as Libra Exchange’s launch partne… --- ## [\[LRFC\] SNX Perps V2 hedging and Cash Collateralization on Optimism](https://forums.derive.xyz/t/lrfc-snx-perps-v2-hedging-and-cash-collateralization-on-optimism/30)
**Author:** [@MasterMojo](https://forums.derive.xyz/u/MasterMojo)\ **Replies:** 6\ **Last updated:** [May 8, 2023, 5:08am UTC](https://forums.derive.xyz/t/lrfc-snx-perps-v2-hedging-and-cash-collateralization-on-optimism/30 "2023-05-08T05:08:58Z")
|Author|GUNBOATs, Mastermojo83, Ksett| |Status|Draft| Simple Summary Integrate Lyra with Synthetix Perps V2 and deploy a cash-collateralized version of the contracts on Optimism. Abstract Deploy a new version of the L… --- ## [\[LRFC\] Market Making Proposal - Arrakis PALM](https://forums.derive.xyz/t/lrfc-market-making-proposal-arrakis-palm/28)
**Author:** [@barbarossa\_Arrakis](https://forums.derive.xyz/u/barbarossa_Arrakis)\ **Replies:** 17\ **Last updated:** [May 4, 2023, 1:49am UTC](https://forums.derive.xyz/t/lrfc-market-making-proposal-arrakis-palm/28 "2023-05-04T01:49:24Z")
Simple Summary Deploy Arrakis PALM to conduct market-making for LYRA/WETH with Lyra POL on mainnet UniV3. Abstract Arrakis PALM - Protocol Automated Liquidity Management - built by Arrakis Finance, is a novel liquidity … [Next page](https://forums.derive.xyz/c/leaps/8.md?page=1)