$BTC : Synthetix contributors have proposed acquiring Derive (formerly Lyra) via an SNX-for-DRV token swap.

The proposed valuation is $27 million, and the swap ratio would be 27 DRV to 1 SNX.

Synthetix contributors proposed acquiring Derive (formerly Lyra), a decentralized options protocol, through an SNX-for-DRV token swap.