Lyra
Crypto Overview
Lyra is a unique DeFi technology that allows merchants of any size to implement a loyalty management system using their proprietary crypto tokens. Lyra solution consists of Lyra blockchain and LoyalShopper ecommerce application. LoyalShopper application allows merchants on Shopify and other ecommerce and in-store platforms to manage their own rewards, gift cards, promotional coupons, and store credits programs based on crypto tokens maintained by Lyra network. Lyra blockchain provides instant confirmations, custom tokens with targeted smart contracts, built-in decentralized reward token marketplace, NFT, DEX, and functionality required for real world financial transaction processing.
Crypto Impact
To assign a comfort level investing in Lyra from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Lyra.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.