Lyra development status update December 17, 2020

Lyra
2 min readDec 17, 2020

Hello everyone!

Here is a brief update on Lyra development status!

Currently, the Lyra dev team is dealing with the short-term projects which — when completed — are supposed to finalize the main development phase of the Lyra network. Joseph is mostly working on a new multi-platform wallet (this includes mobile!), while Slava is focused on automated dividend distribution for both forms of Lyra DeFi staking — DPoS revenues (from node operators to their voters) and collectible NFT rewards (from the network to the NFT owners). As a reminder — the automatic distribution of the node fee revenues (from the network to the node operators) is already functioning on the mainnet. The DPoS voters’ revenue distribution is expected to be released to the testnet next week, followed by NFT reward distribution. The collectible NFT code is already on the mainnet so we will start issuing Lyra Mainnet Launch Memorabilia tokens as soon as the NFT reward distribution mechanism is ready.

The new Lyra wallet — “Wallet2” is its code name — is built on the UNO platform, which means it will support multiple platforms/OS including Windows, Mac, iOS, Android, Linux, and Web Assembly. It has a cloned UI from MEW wallet. Wallet2 is currently in Microsoft store review, while Android and iOS reviews are coming soon.

We would like to thank our node operators and entire Lyra community for continuous support of Lyra project. Stay tuned!

Best Regards,

Lyra dev team

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Lyra

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