<aside> 🎯 Grow active traders and trading volume on Lyra

</aside>

<aside> 💰 Budget: $100k

</aside>

<aside> ⏰ Period: Jul 4 to Oct 29

</aside>

Open Initiatives

Open Initiatives

Focus Areas

1. Discovery

Grants that increase Lyra’s visibility to more DeFi users. Some ideas for this category:

• Viral features like trade sharing, referral or affiliate programs.
• An NFT collection that attracts a new demographic crypto users.
• Integrations with blue chip protocols like products to hedge Aave or Uniswap LPs.
• Sponsorships to publications like Bankless that improve brand awareness.

2. Onboarding

Grants that improve Lyra’s onboarding. Some ideas for this category:

• Features that make bridging easier, like cross-chain trades or deposits to Lyra’s LP.
• Integrations with options aggregators that drive trades through the Lyra Protocol (also a discovery win).
• Educational materials like high quality explainer / walkthrough videos.
• Features that improve wallet onboarding, like a Lyra snap for MetaMask.

3. Retention

Grants that help retain traders on Lyra. Some ideas for this category: