Lydia Governance and the Lydians Pool

The Lydian’s Pool went live with an update As they mentioned on the previous blog post update users who deposited their LYDs into this pool will have the right to participate in Lydia’s governance and with an upcoming update, only users who deposited funds into this pool will be eligible to participate in their future IFOs.

A higher APY

The Lydian’s Pool provides a higher APY because it has a very low performance fee compared to the Auto LYD pool.

The Second LYD Bounty

Now they have another LYD bounty called “Lydian’s Pool Bounty” on the Electrum Pools page given as a reward for providing a compounding service to other users.

Governance

Their governance space is now ready at https://snapshot.org/#/lydiafinance.eth It works with lydia-gov-vault strategy that is connected to your balance on the Lydian’s Pool. Minimum 1M LYD is required to create new proposals.

Come and be a part of their governance with your proposals and votes

About Lydia Finance

Lydia Finance is a decentralized exchange built on the Avalanche blockchain network. It is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Avalanche (AVAX). It is fast, cheap, and allows anyone to participate. On top of that, you can earn LYD tokens with farming, staking, and earn even more tokens with Electrum pools.

SOURCE

https://lydiafinance.medium.com/governance-and-the-lydians-pool-8e33fd934562