# Trading Incentives: Lyra V2's Ignition

**Published by:** [Lyra ](https://paragraph.com/@lyra-2/)
**Published on:** 2024-02-07
**URL:** https://paragraph.com/@lyra-2/trading-incentives-lyra-v2-s-ignition

## Content

TLDRLyra Finance V2 introduces a focused trading incentives program:Distribute 150,000,000 LYRA to drive user engagement and protocol adoption.Rewards based on trading volume and fees, structured over 96 epochs.Distribution and claiming will be on Lyra chain.15% of taker rewards will be allocated to growth experiments (e.g. Trading competitions).Incentives Program ScheduleRewards are finalized at the end of each 7-day epoch, with the total 150,000,000 LYRA distributed across the 24-month period. The distribution begins with 1,250,000 LYRA for each of the first four epochs, increasing incrementally in subsequent epochs. The peak distribution reaches 2,500,000 LYRA per epoch from the 9th to the 24th epoch, after which it gradually decreases.Incentives Program CalculationHow Do I Maximize Rewards? It’s simple.Trade more optionsTrade more perpsGenerate more feesIncentives Program Distribution and ClaimingParticipants can claim their rewards on the Lyra chain, either through smart contracts or directly via the user interface (UI). Earned LYRA rewards are disbursed at each epoch's conclusion, with a special provision during the "launch season" where all rewards are distributed at the end of the 12th epoch.Growth ExperimentsGrowth Experiments in the Lyra Finance V2 ecosystem are allocated 15% of each epoch's taker rewards. These tokens support specific initiatives aimed at increasing platform engagement and attracting new users:Trading competitionsReferral programsRetroactive AirdropsThis allocation directly contributes to the execution of these growth-focused activities.Incentives Rules Criteria and DisclaimerEligibility is restricted to individuals residing in jurisdictions where trading on Lyra is permitted under our terms of use. It's important to note that individuals from jurisdictions identified as restricted in our terms of use are not eligible to participate in this program.

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