Alpha Leak | The Bull Case for Lyra

<p>Mike Spain is the Co-Founder of Lyra, an options trading protocol accessing the scalability of Layer 2 Ethereum to provide a robust, lightning-fast, and reliable trading experience.</p> <p>David and Mike chat about how Lyra got started, the impact of on-chain options, Lyra’s newest launch—Avalon—and so much more.</p> <p>Avalon is available now to a select group of users and will be available to the public on May 30th!</p> <p>------<br /> 📣 ALCHEMIX | Get a self-repaying loan today!<br /> <a href= "https://bankless.cc/Alchemix">https://bankless.cc/Alchemix</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>⚖️ ARBITRUM | SCALED ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>❎ ACROSS | BRIDGE TO LAYER 2<br /> <a href= "https://bankless.cc/Across">https://bankless.cc/Across</a> </p> <p>🏦 ALTO IRA | TAX-FREE CRYPTO<br /> <a href= "https://bankless.cc/AltoIRA">https://bankless.cc/AltoIRA</a> </p> <p>👻 AAVE V3 | LEND & BORROW CRYPTO<br /> <a href= "https://bankless.cc/aave">https://bankless.cc/aave</a> </p> <p>⚡️ LIDO | LIQUID ETH STAKING<br /> <a href= "https://bankless.cc/lido">https://bankless.cc/lido</a> </p> <p>🔐 LEDGER | NANO S PLUS WALLET<br /> <a href= "https://bankless.cc/Ledger">https://bankless.cc/Ledger</a> </p> <p>------<br /> Timestamps:</p> <p>0:00 Intro<br /> 3:38 The Genesis of Lyra<br /> 6:20 On-Chain Options<br /> 11:36 How Lyra Wins<br /> 14:46 Pros & Cons of On-Chain Options<br /> 16:42 Lyra Limitations & Roadmap<br /> 21:47 Composibilty & Avalon<br /> 28:39 The Lyra Vision<br /> 30:19 Yield & Options<br /> 32:00 Lyra $OP Distribution<br /> 33:33 Closing</p> <p>------<br /> Resources:</p> <p>Mike Spain<br /> <a href= "https://twitter.com/0xmjs">https://twitter.com/0xmjs</a> </p> <p>Lyra<br /> <a href= "ht