Decentralized Governance with LYS Tokens
The governance of the LYS Protocol DAO will be entrusted to LYS token holders, granting them the authority to shape the project’s future, propose and participate in decision-making processes, and collectively oversee the protocol. This community-led approach serves to uphold the decentralized essence of the LYS Protocol project and guarantees that its evolution aligns with the welfare and desires of its holders.
LYS Holders: Empowering Governance and Earnings
LYS holders will be able to govern the protocol, boost their yields, and share the protocol’s revenue. The more LYS locked in a user’s voting contract, the greater the decision-making power the voter gets.
Acquiring LYS Tokens: Ways and Opportunities
The main way to obtain LYS is by participating in the token’s liquidity generation event, or by buying it from Uniswap after listing. You can also obtain LYS tokens by earning rewards through minting whyETH or becoming a Liquidity Provider. Additional opportunities to earn LYS will be announced by the team
Empower Governance
Hold LYS to participate in LYS Protocol governance
Yield Accumulation
When you use LYS Protocol to mint whyETH, you'll automatically begin accruing LYS
Enhanced Revenue
Lock LYS liquidity to receive additional revenue from yield and protocol fees
Revenue Staking
Stake LYS to earn a share of the protocol’s revenue