What is Lumia?
Lumia (LUMIA) represents a forward-thinking blockchain solution aimed at integrating Real World Assets (RWAs) into the decentralised finance (DeFi) sector. By facilitating asset tokenisation and liquidity provisions, Lumia serves as a critical link between tangible assets and the emerging world of DeFi.
Key Features of Lumia
Lumia Chain and Lumia Stream
At the heart of Lumia’s infrastructure lie two core components: Lumia Chain and Lumia Stream. Lumia Chain is specifically designed for the tokenisation of RWAs, allowing various physical assets to be represented digitally on the blockchain. On the other hand, Lumia Stream focuses on providing liquidity for previously illiquid assets, such as real estate, commodities, and artworks, thereby allowing easier trade and investment opportunities.
Technological Foundation
Lumia is built utilising the Polygon Chain Development Kit (CDK), which allows for the creation of custom blockchain networks tailored to specific needs. This flexibility ensures that Lumia can support a wide range of decentralised applications (dApps) using advanced tools like Privado ID and Miden.
Liquidity Solutions
Lumia Stream aggregates liquidity from both centralised and decentralised exchanges, ensuring that trading of tokenised assets is streamlined and efficient. This innovative approach facilitates smoother transactions and enhances the user trading experience.
The LUMIA Token
The native cryptocurrency of the Lumia ecosystem, LUMIA, serves multiple purposes within the platform. It is utilized for transaction fees, governance participation, staking, and contributing to liquidity provision. Token holders enjoy the ability to influence governance decisions and secure the network while gaining access to premium features.
Goals and Vision
Lumia’s overarching ambition is to transform the tokenisation of RWAs by establishing a flexible, permissionless liquidity network. This mission seeks to enhance trading opportunities for both institutional and retail users within the DeFi framework. By bridging traditional asset classes with decentralised finance, Lumia sets out to expand the adoption of RWAs and establish new benchmarks for asset tokenisation.
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