UPDATED (MAY 8 12:00:00 AM UTC)
The LDX snapshot has been taken as MAY 8 12:00:00 AM UTC.
Purchasing LYRA from May 8 12:00 AM UTC onwards will not confer any additional LDX.
Blocknumbers for the LDX snapshot were as follows:
Optimism. The balance on Optimism after the block: 119763811
Arbitrum. The balance on Arbitrum after the block: 208941786
Ethereum. The balance on Ethereum after the block: 19821623
Over the last 3 years the Lyra ecosystem has expanded from an options AMM to include a Chain, Protocol, Exchange and Wallet, becoming the first capital efficient and composable primitive for perps and options trading on any erc20.
This new scope demands a token native to the network.
Enter LDX, the utility token for the Lyra Derivatives Network.
LDX was ratified by LYRA DAO governance on April 19 via snapshot vote.
How Can I Earn LDX?
You can earn LDX in two ways:
Farming: Stake and Lock LYRA before the snapshot on May 8, 12:00 AM UTC, to farm LDX, learn more
Trading: Trade perps and options to earn LDX, starting May 8 — there will be multiple airdrops for traders
LDX will be airdropped to farmers and traders in Q3 2024.
More details about trading incentives will be revealed closer to May 8.
LYRA to LDX Migration
Additionally, existing LYRA holders will be migrated 1:1 to LDX with the same total supply. Learn more about the migration here.