Chatter in the music sector is increasing across the board with all assets seeing accelerating social mentions...
1 Audius
2 LimeWire
3 LYRA
4 Neurobro
5 Opulous
6 TuneFm
7 STAGE
8 Sonorus
9 Lunos
10 Gala Music
11 Viberate
12 Music Protocol
13 SyncVault
14 Nyxia AI
15 Hitmakr
16 ROCKI
17 Choruz AI
18 eBeat AI
19 Ureeqa
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Lyra
Almost time.
$LYRA launch on @Solana… loading.
Fair launch soon. Stay sharp. Don’t blink.
Lyra
Lyra➡️Solana➡️Pumpfun🔜
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jake (帅哥杰克)
I was there when Synthetix (Haven) launched. We reviewed this @concourseqio. Synthetix was never extractive. It was risky, but it pushed the industry forward opening the design space.
Kain is one of the most ethical founders crypto has ever had.
DMH 🦇🔊🌊
1) You have no idea what you are talking about (expected)
2) Overall, not interested in the opinion of a person who created a protocol that "check notes" allows to mint a stablecoin against a token that the protocol created itself. It is not very different from terra/luna, where Do Kwon was minting UST against Luna he had and selling for real stables. Creating SNX, issuing yourself an allocation and minting stablecoins just like that and selling it for normal stables until the SNX price went to complete shit and SUSD stablecoin depegged completely. Everything about it is an extraction from the ecosystem. Terra was greedy and had a 1:1 minting process, you were wiser and introduced a 700% overcollateralization ratio or whatever, so it lasted for 7 years instead of 1 like UST.
Nowadays, "builders" become too hasty and rugpull on TGE before shipping the product, OGs know that slow rug allows them to stay relevant for years, raise for new projects, launch new tokens, start VC companies, buy other protocols for a sack of rice, get grants for half-dead projects, and overall max extract on every possible occasion, etc.
Everyone in this space already knows who’s real and who’s not.
It’s time we stop staying quiet and start calling out these scams when we see them.
Retar Dio
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4
DMH 🦇🔊🌊
1) You have no idea what you are talking about (expected)
2) Overall, not interested in the opinion of a person who created a protocol that "check notes" allows to mint a stablecoin against a token that the protocol created itself. It is not very different from terra/luna, where Do Kwon was minting UST against Luna he had and selling for real stables. Creating SNX, issuing yourself an allocation and minting stablecoins just like that and selling it for normal stables until the SNX price went to complete shit and SUSD stablecoin depegged completely. Everything about it is an extraction from the ecosystem. Terra was greedy and had a 1:1 minting process, you were wiser and introduced a 700% overcollateralization ratio or whatever, so it lasted for 7 years instead of 1 like UST.
Nowadays, "builders" become too hasty and rugpull on TGE before shipping the product, OGs know that slow rug allows them to stay relevant for years, raise for new projects, launch new tokens, start VC companies, buy other protocols for a sack of rice, get grants for half-dead projects, and overall max extract on every possible occasion, etc.
Everyone in this space already knows who’s real and who’s not.
It’s time we stop staying quiet and start calling out these scams when we see them.
Retar Dio
kain.avax
Respectfully, your entire protocol revenue is predicated on LPs getting their faces ripped off lol. You guys have been doing victory laps about all the volume you are generating, meanwhile its all toxic flow subsidised by token emmissions🤡.
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alexander reposted
kain.avax
Respectfully, your entire protocol revenue is predicated on LPs getting their faces ripped off lol. You guys have been doing victory laps about all the volume you are generating, meanwhile its all toxic flow subsidised by token emmissions🤡.
DMH 🦇🔊🌊
If this proposal passes, it would be the rug pull of the year. Everything is wrong with it:
1) Why would you sell your business to Synthetix - a failed and totally nonsensical protocol to begin with?
2) Especially considering that Derive (ex Lyra) was part of Synthetix and left precisely because it knew, better than anyone, that Synthetix is bad.
3) Derive is generating more revenue than Synthetix itself and actually has a future if execution is solid and the team’s promises are not fake.
4) Synthetix isn’t even buying Derive with real money. They’re minting ~30 million SNX out of thin air to make the purchase. Genius.
5) The funniest part? Synthetix won’t just acquire Derive’s operations and tech, it’ll also take over its treasury, which is currently ~$6 million. If you try selling 30 million SNX on-chain, you’d be lucky to get $1 million USDC. That’s an easy 6x profit for Synthetix from tokens they printed for free.
6) Let’s not forget that Lyra was previously valued at $150M FDV before it launched a new token for Derive, for absolutely no reason other than raising another round from angels and @echodotxyz (btw, -90% ROI probably the worst Echo deal ever?) and rekting token holders (aka lock lyra to get bigger derive airdrop, choose vesting and get more, etc etc).
7) Now, after the rebrand, the valuation is down to ~$25M and things are so bad that a Synthetix acquisition is even being considered.
I have no idea how someone can justify selling Derive to Synthetix for no real money and fkin vested for 1 year (newly printed snx that is worth nothing and there are chances that in 1y snx might not really exist at all). Either your business is so bad that there are no good buyers for it, or this is a crime season.
I understand that Derive is in a bad spot (lost all valuation, lacking adoption, etc etc) but you are very vocal that your product is one of the best, you still have big enough treasury to have a few years of runway.
Keep working and if you really think you need to sell the business to survive, at least find a good buyer. Mountain protocol is a great example. They didn't have much traction but they got acquired by a big tradfi business that is aiming to expand into defi massively and they need defi expertise.
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Lyra price performance in USD
The current price of lyra is $0.0023096. Over the last 24 hours, lyra has decreased by -13.97%. It currently has a circulating supply of 1,000,000,000 Lyra and a maximum supply of 1,000,000,000 Lyra, giving it a fully diluted market cap of $2.31M. The lyra/USD price is updated in real-time.
5m
-2.56%
1h
+0.50%
4h
+3.11%
24h
-13.97%
About Lyra (Lyra)
Lyra (Lyra) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Lyra (Lyra)?
As a decentralized currency, free from government or financial institution control, Lyra is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Lyra involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Lyra (Lyra) prices and information here on OKX today.
How to buy and store Lyra?
To buy and store Lyra, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying Lyra, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.5K new posts about Lyra, driven by 1.5K contributors, and total online engagement reached 1.9M social interactions. The sentiment score for Lyra currently stands at 70%. Compared to all cryptocurrencies, post volume for Lyra currently ranks at 2915. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Lyra.
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Posts
2,509
Contributors
1,505
Interactions
1,922,011
Sentiment
70%
Volume rank
#2915
X
Posts
751
Interactions
221,008
Sentiment
84%
Lyra FAQ
What’s the current price of Lyra?
The current price of 1 Lyra is $0.0023096, experiencing a -13.97% change in the past 24 hours.
Can I buy Lyra on OKX?
No, currently Lyra is unavailable on OKX. To stay updated on when Lyra becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of Lyra fluctuate?
The price of Lyra fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Lyra worth today?
Currently, one Lyra is worth $0.0023096. For answers and insight into Lyra's price action, you're in the right place. Explore the latest Lyra charts and trade responsibly with OKX.
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Cryptocurrencies, such as Lyra, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Lyra have been created as well.
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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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