Novel DeFi protocol positioned as 'Web3 liquidity layer' will address all bottlenecks of modern crypto AMMs
With Lumia, the process of massive adoption of DeFi mechanisms is taking shape as market participants will enjoy a better fee policy, advanced exchange options and new-gen instruments., a one-stop liquidity logistics solution. With its balanced fee distribution mechanisms, it is designed to redefine the entry point to DeFi.Introducing Lumia: the liquidity layer of Web3, designed to redefine the entry point of DeFi – connecting L1’s and L2’s with boundless liquidity from CEXs and DEXs.
The team of Lumia is also aimed at blurring the line between liquidity flows on CEXes and DEXes. By integrating Lumia, platforms can generate revenue even if they charge a more competitive fee to their users: 0.25% compared to the industry-standard 0.3%. The exact design of the new protocol and the details of the transition process will be discussed by ORN holders on the DAO referendum.
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