Token
The old governance token, LYRA, has been deprecated for a migration to DRV. You can read the details about DRV and the migration here: https://forums.lyra.finance/t/lrfc-migrate-lyra-to-ldx/208/3.
On May 8 at 00:00 UTC, a snapshot of LYRA balances was taken. These values will seed the initial balances of DRV when it is released in Q3 2024. As LYRA no longer has utility or governance value, demand and liquidity are declining - this is to be expected. The DAO recommends against purchasing LYRA since it will confer no rights to DRV.
More details to follow via https://forums.lyra.finance/.
Updated about 2 months ago