Lumi Finance
Trade
  • Overview
  • LUA Minting
  • Protocol Fee
  • Tokens
    • LUA
    • LUAB
    • LUAUSD
    • LUAG
      • LUAG PTS
    • Audit Report
  • Official Links
  • Migration from V2
  • Legacy
    • Overview of V2
    • LUA Minting / Secondary Market
      • Reserve-back AMM Mechanism
      • Dynamic Increasing-only Floor Price
      • AMO Protocol
    • Staking and Stablecoin
    • Liquidity Mining
      • The Curve Pool (Liquidity Mining)
    • Migration from V1 to V2
      • Protocol Fee
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  1. Legacy

Overview of V2

PreviousLegacyNextLUA Minting / Secondary Market

Last updated 1 year ago

Lumi Finance emerges as a pivotal financial derivative within the Lumi ecosystem, aimed at aggregating sustainable wealth accumulation.

LUA stands as the core strategic token, minting LUAUSD through its floor price collateral mechanism, LUAUSD is the stable coin acting as the ecosystem's currency.

  • LUA features a dual pricing mechanism, with a issuing price(we called it market price in V1) and a floor price, where the latter only ascends based on algorithms and calculus.

  • The LUA dual market system, alongside price mitigation and TWAMM balance mechanisms, harmonizes stability with volatility, offering the market a broader spectrum of strategic options.

  • Staking LUA mints LUAUSD, concurrently yielding profits in LUAB and LUAG.

  • LUAUSD liquidity mining.

  • Protocol buy-back and burn LUA mechanic, similar to EIP-1559.

  • AMO Protocol for algorithmically keeping LUAUSD return to the peg.

  • Stablecoin(LUAUSD) has continuous high-quality use cases in the Lumi ecosystem, such as .

Lumiterra