# Latest **URL:** https://forums.derive.xyz/latest.md [Latest](https://forums.derive.xyz/latest.md) · [Categories](https://forums.derive.xyz/categories.md) · [Tags](https://forums.derive.xyz/tags.md) --- ## [Welcome to Derive! 👋](https://forums.derive.xyz/t/welcome-to-derive/7)
**Author:** [@system](https://forums.derive.xyz/u/system)\ **Replies:** 0\ **Last updated:** [March 27, 2023, 1:44am UTC](https://forums.derive.xyz/t/welcome-to-derive/7 "2023-03-27T01:44:11Z")
We are so glad you joined us. Derive Derive is a decentralised derivatives protocol Here are some things you can do to get started: :speaking\_head: Introduce yourself by adding your picture and information about you… --- ## [DIP: Increase $DRV Buyback Allocation from 35% to 50% of Protocol Fees](https://forums.derive.xyz/t/dip-increase-drv-buyback-allocation-from-35-to-50-of-protocol-fees/324)
**Author:** [@Andras\_Derive](https://forums.derive.xyz/u/Andras_Derive)\ **Replies:** 1\ **Last updated:** [September 24, 2026, 2:48pm UTC](https://forums.derive.xyz/t/dip-increase-drv-buyback-allocation-from-35-to-50-of-protocol-fees/324 "2026-09-24T14:48:26Z")
Summary This DIP proposes increasing the share of applicable protocol fees allocated to weekly $DRV buybacks from 35% to 50%. The existing buyback mechanism, cadence and execution process would remain unchanged. The pro… --- ## [DIP: Launch Derive V3](https://forums.derive.xyz/t/dip-launch-derive-v3/322)
**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\ **Replies:** 0\ **Last updated:** [September 14, 2026, 5:36am UTC](https://forums.derive.xyz/t/dip-launch-derive-v3/322 "2026-09-14T05:36:01Z")
Simple Summary Deploy and launch Derive V3 (zkVM program settling on Ethereum mainnet), migrate all V2 positions and balances into V3’s genesis state, move bridge funds to L1, and wind down Derive Chain. Abstract This p… --- ## [DIP: Fully Deprecate USDH Bridge and Return USDH to Owners](https://forums.derive.xyz/t/dip-fully-deprecate-usdh-bridge-and-return-usdh-to-owners/318)
**Author:** [@Ian](https://forums.derive.xyz/u/Ian)\ **Replies:** 0\ **Last updated:** [July 8, 2026, 10:56am UTC](https://forums.derive.xyz/t/dip-fully-deprecate-usdh-bridge-and-return-usdh-to-owners/318 "2026-07-08T10:56:52Z")
DIP: Fully Deprecate USDH Bridge and Return USDH to Owners Simple Summary Fully deprecate the legacy USDH bridge at the request of the USDH/native team, disable further USDH bridge activity, and return all USDH held by t… --- ## [DIP: Update DRV Buybacks, Staking Emissions and Unstake Period](https://forums.derive.xyz/t/dip-update-drv-buybacks-staking-emissions-and-unstake-period/313)
**Author:** [@Ian](https://forums.derive.xyz/u/Ian)\ **Replies:** 1\ **Last updated:** [April 3, 2026, 3:38am UTC](https://forums.derive.xyz/t/dip-update-drv-buybacks-staking-emissions-and-unstake-period/313 "2026-04-03T03:38:34Z")
Simple Summary Increase the portion of protocol fees allocated to DRV buybacks from 25% to 35%, reduce staking rewards from 250,000 DRV per week to 100,000 DRV per week, and reduce the unstake period from 28 days to 7 da… --- ## [\[DIP\] Transfer Ownership of Protocol Parameters and Treasury Assets to Derive BVI Subsidiary](https://forums.derive.xyz/t/dip-transfer-ownership-of-protocol-parameters-and-treasury-assets-to-derive-bvi-subsidiary/309)
**Author:** [@Jake](https://forums.derive.xyz/u/Jake)\ **Replies:** 1\ **Last updated:** [January 29, 2026, 2:17am UTC](https://forums.derive.xyz/t/dip-transfer-ownership-of-protocol-parameters-and-treasury-assets-to-derive-bvi-subsidiary/309 "2026-01-29T02:17:51Z")
Simple Summary Transfer ownership of protocol parameters and treasury assets into Derive Subsidiary (BVI) Ltd (the “BVI Subsidiary”), a subsidiary of Derive Foundation (the “Foundation”). Permit BVI Subsidiary to manage … --- ## [A mobile app and access to major exchanges!](https://forums.derive.xyz/t/a-mobile-app-and-access-to-major-exchanges/307)
**Author:** [@Bogdanov84](https://forums.derive.xyz/u/Bogdanov84)\ **Replies:** 0\ **Last updated:** [September 16, 2025, 7:51pm UTC](https://forums.derive.xyz/t/a-mobile-app-and-access-to-major-exchanges/307 "2025-09-16T19:51:08Z")
Hi guys! Are there any plans to create a mobile app to reach more people? And when are you planning to enter major exchanges? Don’t you think this will attract more attention to the project as a whole? Thanks --- ## [DIP: Strategic Mint for Institutional Expansion](https://forums.derive.xyz/t/dip-strategic-mint-for-institutional-expansion/303)
**Author:** [@Nick](https://forums.derive.xyz/u/Nick)\ **Replies:** 5\ **Last updated:** [September 15, 2025, 7:29pm UTC](https://forums.derive.xyz/t/dip-strategic-mint-for-institutional-expansion/303 "2025-09-15T19:29:41Z")
Abstract This proposal authorizes the mint of 500 million DRV tokens (a 50% increase from the current 1B supply - or 33% dilution to existing DRV holders). We estimate that this will lead to, at most, dilution of 8.25% p… --- ## [\[DIP\] Burn Policy for Existing and Future $DRV Buybacks](https://forums.derive.xyz/t/dip-burn-policy-for-existing-and-future-drv-buybacks/304)
**Author:** [@degeneratoor](https://forums.derive.xyz/u/degeneratoor)\ **Replies:** 1\ **Last updated:** [September 15, 2025, 12:36am UTC](https://forums.derive.xyz/t/dip-burn-policy-for-existing-and-future-drv-buybacks/304 "2025-09-15T00:36:09Z")
Simple Summary Burn all $DRV previously acquired through buybacks, and require that all future buybacks are burned immediately upon purchase. Abstract This proposal authorizes a one-time burn of all $DRV that came from … --- ## [\[DIP\] Eliminate Unstaking Hold & Slashing Penalty](https://forums.derive.xyz/t/dip-eliminate-unstaking-hold-slashing-penalty/292)
**Author:** [@degeneratoor](https://forums.derive.xyz/u/degeneratoor)\ **Replies:** 0\ **Last updated:** [May 18, 2025, 8:34pm UTC](https://forums.derive.xyz/t/dip-eliminate-unstaking-hold-slashing-penalty/292 "2025-05-18T20:34:46Z")
Simple Summary Remove the current 30-day unstaking lockup and 20% slashing penalty for $DRV stakers to ensure user freedom and fairness, particularly as Derive navigates a possible acquisition. Abstract This proposal e… --- ## [\[DIP\] Revitalize Derive](https://forums.derive.xyz/t/dip-revitalize-derive/289)
**Author:** [@Pengu](https://forums.derive.xyz/u/Pengu)\ **Replies:** 0\ **Last updated:** [May 15, 2025, 6:38pm UTC](https://forums.derive.xyz/t/dip-revitalize-derive/289 "2025-05-15T18:38:15Z")
Simple Summary Revitalize Derive by rewarding key stakeholders accordingly. Abstract This proposal presents a strategic alternative to external acquisition by equipping Derive with the tools to scale independently. It… --- ## [\[DIP\] Synthetix Acquires Derive](https://forums.derive.xyz/t/dip-synthetix-acquires-derive/277)
**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\ **Replies:** 8\ **Last updated:** [May 15, 2025, 1:28pm UTC](https://forums.derive.xyz/t/dip-synthetix-acquires-derive/277 "2025-05-15T13:28:17Z")
Simple Summary Synthetix Acquires Derive. Abstract This proposal outlines Synthetix’s acquisition of Derive via an SNX-for-DRV token swap. Synthetix will integrate Derive’s existing product suite (options, perps, struct… --- ## [\[DIP\] Derive DAO increase revenue allocation for weekly buybacks](https://forums.derive.xyz/t/dip-derive-dao-increase-revenue-allocation-for-weekly-buybacks/279)
**Author:** [@AlvaroHK](https://forums.derive.xyz/u/AlvaroHK)\ **Replies:** 3\ **Last updated:** [May 14, 2025, 7:27pm UTC](https://forums.derive.xyz/t/dip-derive-dao-increase-revenue-allocation-for-weekly-buybacks/279 "2025-05-14T19:27:32Z")
\# Simple Summary This proposal seeks to increase the weekly revenue allocation for $DRV token buybacks from 25% to 80%. # Abstract The objective of this proposal is to authorize the buyback and accumulation of $DRV to… --- ## [\[DIP\] Derive DAO Treasury DeFi Token Reallocation for Enhanced $DRV Buybacks](https://forums.derive.xyz/t/dip-derive-dao-treasury-defi-token-reallocation-for-enhanced-drv-buybacks/276)
**Author:** [@AlvaroHK](https://forums.derive.xyz/u/AlvaroHK)\ **Replies:** 2\ **Last updated:** [May 2, 2025, 1:29am UTC](https://forums.derive.xyz/t/dip-derive-dao-treasury-defi-token-reallocation-for-enhanced-drv-buybacks/276 "2025-05-02T01:29:11Z")
\# Simple Summary This proposal seeks to swap DeFi tokens held in the Derive DAO treasury for USDC and allocate the proceeds to increase weekly $DRV token buybacks. Additionally, it includes the return to Derive DAO tre… --- ## [\[DIP\] Establish and confirm Grants Distribution through Derive Governance](https://forums.derive.xyz/t/dip-establish-and-confirm-grants-distribution-through-derive-governance/274)
**Author:** [@MasterMojo](https://forums.derive.xyz/u/MasterMojo)\ **Replies:** 0\ **Last updated:** [March 25, 2025, 12:08pm UTC](https://forums.derive.xyz/t/dip-establish-and-confirm-grants-distribution-through-derive-governance/274 "2025-03-25T12:08:35Z")
Optimism proposal: CharmVerse - The Network for Onchain Communities Milestone: https://forums.derive.xyz/ Simple Summary Establish and confirm grants distribution through Derive Governance Abstract This is a forma… --- ## [\[DIP\] List Threshold Network’s tBTC on Derive Ethereum, Arbitrum and Base markets](https://forums.derive.xyz/t/dip-list-threshold-network-s-tbtc-on-derive-ethereum-arbitrum-and-base-markets/273)
**Author:** [@FREDY](https://forums.derive.xyz/u/FREDY)\ **Replies:** 0\ **Last updated:** [March 13, 2025, 12:47am UTC](https://forums.derive.xyz/t/dip-list-threshold-network-s-tbtc-on-derive-ethereum-arbitrum-and-base-markets/273 "2025-03-13T00:47:45Z")
Summary The proposal recommends listing Threshold Network’s tBTC, as a supported collateral asset on Derive Ethereum, Arbitrum and Base markets. By adding tBTC, Derive will unlock the borrowing demand for this pegged BTC… --- ## [\[DIP\] Renew Lyra Foundation Funding](https://forums.derive.xyz/t/dip-renew-lyra-foundation-funding/271)
**Author:** [@Nick](https://forums.derive.xyz/u/Nick)\ **Replies:** 0\ **Last updated:** [February 26, 2025, 11:14pm UTC](https://forums.derive.xyz/t/dip-renew-lyra-foundation-funding/271 "2025-02-26T23:14:43Z")
Simple Summary Grant 60,000,000 DRV to the Lyra Foundation in order to continue supporting the growth of the Derive Ecosystem. Abstract Grant 60,000,000 DRV to the Lyra Foundation in order to continue promoting the De… --- ## [\[DIP\] Permit Early Licensing of Lyra v2-core for New Options Protocol on Hyperliquid](https://forums.derive.xyz/t/dip-permit-early-licensing-of-lyra-v2-core-for-new-options-protocol-on-hyperliquid/267)
**Author:** [@realgrizzle](https://forums.derive.xyz/u/realgrizzle)\ **Replies:** 0\ **Last updated:** [February 4, 2025, 10:56pm UTC](https://forums.derive.xyz/t/dip-permit-early-licensing-of-lyra-v2-core-for-new-options-protocol-on-hyperliquid/267 "2025-02-04T22:56:31Z")
Summary / Abstract: Hyperdelta is an in-development option platform in the Hyperliquid ecosystem. Hyperdelta proposes to adapt Derive’s mature smart contract infrastructural foundation as a base for its protocol. It wou… --- ## [\[DIP\] wstETH Harvest vault launch](https://forums.derive.xyz/t/dip-wsteth-harvest-vault-launch/265)
**Author:** [@AlvaroHK](https://forums.derive.xyz/u/AlvaroHK)\ **Replies:** 4\ **Last updated:** [February 6, 2025, 8:18am UTC](https://forums.derive.xyz/t/dip-wsteth-harvest-vault-launch/265 "2025-02-06T08:18:00Z")
\# Simple Summary Launch new Earn vault with wstETH as main asset. It will follow the Harvest strategy as the other similar Harvest vaults on the Earn program. # Abstract The proposal targets to launch an specific vaul… --- ## [Make Velodrome the liquidity layer of Derive](https://forums.derive.xyz/t/make-velodrome-the-liquidity-layer-of-derive/243)
**Author:** [@0xmethodic](https://forums.derive.xyz/u/0xmethodic)\ **Replies:** 0\ **Last updated:** [October 29, 2024, 4:58am UTC](https://forums.derive.xyz/t/make-velodrome-the-liquidity-layer-of-derive/243 "2024-10-29T04:58:49Z")
Simple Summary This proposal showcases the benefits of deploying Velodrome to Derive chain and leveraging the MetaDEX model to access shared liquidity across the Superchain. Liquidity incentives are critical for bootstr… --- ## [\[DIP\] Grant the Lyra Foundation further funding](https://forums.derive.xyz/t/dip-grant-the-lyra-foundation-further-funding/242)
**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\ **Replies:** 0\ **Last updated:** [October 29, 2024, 4:29am UTC](https://forums.derive.xyz/t/dip-grant-the-lyra-foundation-further-funding/242 "2024-10-29T04:29:29Z")
Simple Summary Grant the Lyra Foundation a further 300,000 USDC to fund ongoing operations. Abstract The Lyra Foundation was established after a June 2023 LRFC passed, with its stated mandate to help bootstrap the v2 la… --- ## [\[DIP\] DRV Pre-staking token bonus](https://forums.derive.xyz/t/dip-drv-pre-staking-token-bonus/241)
**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\ **Replies:** 0\ **Last updated:** [October 3, 2024, 4:29am UTC](https://forums.derive.xyz/t/dip-drv-pre-staking-token-bonus/241 "2024-10-03T04:29:14Z")
Simple Summary Reduce the parameter for the pre-staking bonus from the previous DIP, and modify the language for ease of implementaiton. Motivation The DRV Token Launch and Functionality DIP mentioned a pre-staking bonu… --- ## [\[DIP\] DRV Token Launch and Functionality](https://forums.derive.xyz/t/dip-drv-token-launch-and-functionality/233)
**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\ **Replies:** 3\ **Last updated:** [September 9, 2024, 12:06am UTC](https://forums.derive.xyz/t/dip-drv-token-launch-and-functionality/233 "2024-09-09T00:06:58Z")
Simple Summary Outline the functionality of DRV - the token for Derive, a composable ecosystem of derivatives. This DIP is also the first formal mention of the new brand, with the following migrations in terminology: L… --- ## [\[LRFC\] Lyra Foundation Grant Renewal](https://forums.derive.xyz/t/lrfc-lyra-foundation-grant-renewal/212)
**Author:** [@Nick](https://forums.derive.xyz/u/Nick)\ **Replies:** 0\ **Last updated:** [April 28, 2024, 11:18pm UTC](https://forums.derive.xyz/t/lrfc-lyra-foundation-grant-renewal/212 "2024-04-28T23:18:30Z")
Simple Summary Grant the Lyra Foundation a further 50,000,000 LYRA tokens and 208,184.50 USDC to make strategic deals and fund ongoing operations, ahead of the upcoming LDX migration period. Abstract The LYRA Foundation… --- ## [\[LRFC\] Buy back $LYRA before migration to $LDX](https://forums.derive.xyz/t/lrfc-buy-back-lyra-before-migration-to-ldx/210)
**Author:** [@AlvaroHK](https://forums.derive.xyz/u/AlvaroHK)\ **Replies:** 1\ **Last updated:** [April 22, 2024, 10:04am UTC](https://forums.derive.xyz/t/lrfc-buy-back-lyra-before-migration-to-ldx/210 "2024-04-22T10:04:35Z")
Simple Summary Buy back $LYRA with part of the fees generated by the protocol since the launch of Lyra v2. Abstract This proposal aims to utilize part of the fees generated to buy back $LYRA tokens before the snapshot a… --- ## [\[LRFC\] 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… --- ## [\[LRFC\] Lyra & Aerodrome - Bootstrap liquidity for LYRA on Base](https://forums.derive.xyz/t/lrfc-lyra-aerodrome-bootstrap-liquidity-for-lyra-on-base/155)
**Author:** [@0xmethodic](https://forums.derive.xyz/u/0xmethodic)\ **Replies:** 0\ **Last updated:** [December 6, 2023, 11:13am UTC](https://forums.derive.xyz/t/lrfc-lyra-aerodrome-bootstrap-liquidity-for-lyra-on-base/155 "2023-12-06T11:13:14Z")
Make Aerodrome liquidity hub for LYRA on Base Simple Summary Lyra is in a unique position to grow its user base and boost awareness with Lyra Chain launching soon. As an OP Stack Chain, Lyra stands to benefit by engagin… --- ## [\[LRFC\] 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… [Next page](https://forums.derive.xyz/latest.md?page=1)