Lumi Finance emerges as a pivotal financial derivative within the Lumi ecosystem, is about to launch the V2 in a few days
We have added quite a few new features:
✅ A brand new LUA minting protocol, LUAOP is essential, allowing LUA to be minted at either the issuing price(In V1, we called it market price) or the floor price
✅ LUA secondary market, where you can buy and sell LUA
✅ TWAMM buy-back LUA mechanism
✅ veLUA and LUAG PTS, new staking mechanisms and rewards
✅ AMO Protocol, an optimization scheme for LUAUSD liquidity
✅ Lower protocol fees, ranging from 0 to 3%
For more information, please check here:
https://t.co/K8zRjqLffV
Before the official launch of Lumi Finance V2, all functions of V1 will remain unchanged
⚠️ After the official launch of V2, some functions of V1 will be restricted, including the following:
⚠️ Unable to mint/burn LUA in V1 LUA AMM
You can mint in V2 LUA minting protocol or swap in Uniswap
⚠️ Unable to obtain new LUAOP rewards in V1
You can get it by minting LUA, staking LUA or providing LUAUSD liquidity in V2
⚠️ Unable to add LUAUSD liquidity in V1
✅ Other functions of V1 will operate normally, such as unstake LUA, and claim existing rewards
We will soon be airdropping something for Lumi Finance V1 users, and @LumiterraGame , a product of the Lumi ecosystem, is also about to launch the Beta 2