How To: Optimism Quests: Lyra

How to complete the Lyra Optimism Quest and earn a free NFT.

0:00 - Lyra Demo & Intro to Options
2:10 - Start The Quest
3:30 - Swap to sUSD
4:02 - Buy Option
4:25 - Close position
4:57 - Claim Free NFT & Check Price

Lyra Quest Page:

Lyra NFT on Quix:

Beginner Options Explanation:

Jrocki Twitter: @Reformed_Normie

The Web3 Experience Podcast:

[BitEdge]

Why is this video not among the top viewed yet? Your content is clear and easy to understand even for a newbie. I believe LYRA price will surge more than this sooner especially now that crypto users are picking interest in it and it got listed on MEXC

[mikew]

Please do the other quests to, your videos are the best and so easy to follow, I'm stuck now!!! : )

[JrockiCrypto]

Thank you, I appreciate it! Options are an incredibly confusing financial product so the options trading apps like Lyra can be unapproachable to some. Hopefully this helps narrow the gap

[akinyemidayotafiq]

I'm not just interested in Lyra because it's built on ETH L2, but looking at the way it allows accessibility to grant makes me more interested. I'm gonna load my wallet as soon as it starts trading on MEXC

[ozdeu]

Can we close the position immediately whatever the expiry date is? Thank you for your great work

[cryptoman]

When i tried to close the position, it says

"You're granting access to all the NFTs on this contract, including any you might own in the future. The party on the other end can transfer NFTs from your wallet at any time without asking you until you revoke this approval. Proceed with caution."

Should I confirm?

[yjtgmdn]

Great video! what's the average value that you will loose when closing a $50 position right after openning it?

[lamala]

Hello, I want to close positions on Lyra and a message pops up to give all my permissions to nft ? what happened ? how to close it without giving permissions to lyra ? Did you have the same to give away your powers?

[sebastienclausete]

I recommand to choose 60 USD minium as there are some fees which are taken away during withdrawing which can make it lowar than 100usd. It happen to me

[g-raffasaurus]

Hey brother, I completed this quest a number of days back and just went back into my trade history now to get out my sUSD but how do I get it back out (into my Optimism network in Metamask)?
I can't see any option to do that 🤔🤔

[DAVID-gbjp]

hey mate, great video n been able di the task n claim my nft.but now have stacked my over 50usdc in Lyra i susd! how to swap sUSD back to USDC PLS????I CANT GET BACK MY USDC :)

[flcs]

Not working anymore, you need to do more than 100$ in a single time, but closing does not add to the total anymore

[Zergosss]

I lost 33$ closing immediately a $50 position.