Overview

An introduction to the DAO
Lyra is a decentralised autonomous organisation (DAO) established to design, build and govern a financial derivatives protocol. In this documentation, we describe the structure of the DAO and how Lyra governance creates a decentralised and self-sustaining ecosystem.
The DAO consists of five components:
​Governance - the system that facilitates interactions between service providers, the protocol and the treasury.
​Token - the ERC20 token that enables decentralised governance of the DAO.
​Protocol - the smart contracts that create a self-custodial, decentralised derivatives protocol.
​Treasury - the funds used to maintain and improve the protocol.
​Service providers - Independent entities that seek funding to maintain and improve the protocol.
Next - DAO
Governance
Last modified 2mo ago