Planned updates and enhanced features
Lumia has developed multiple update plans to improve its platform capabilities:
- Mainnet Deployment:After successfully launching the testnet in September 2024, Lumia plans to transition to the mainnet, providing a stable environment for decentralized applications (dApps) and user transactions.
- Integrated zero-knowledge Validium (zkValidium):To improve scalability and security, Lumia plans to implement zkValidium technology to achieve efficient transaction processing while maintaining data privacy.
- Enhanced Liquidity Solution:The platform is developing the extended functionality of Lumia Stream (its liquidity module) to aggregate the liquidity of more centralized and decentralized exchanges, improving the capital efficiency of users and developers.
The schedule and priority for new integrations, improvements, and releases
The updated roadmap is as follows:
- Q4 2024:Focus on advancing the initial deployment of the main network and the preliminary integration of zkValidium technology.
- First quarter of 2025:Lumia Stream improves liquidity solutions to support more assets and exchanges.
- Q2 2025:Introducing a new feature that supports the tokenization of real-world assets (RWA) and integrates it into the decentralized finance (DeFi) ecosystem.
Community participation and ecosystem planning
Lumia is committed to nurturing a vibrant community through multiple initiatives:
- Lumia Quests:Launched in September 2024, the plan engages users through tasks such as interacting with social media platforms, learning about Lumia's features, etc. Users earn points by completing tasks, which may lead to future rewards, thus increasing community engagement.
- Developer Incentive Program:In order to encourage innovation, Lumia provides funding to developers on its platform. This funding offers financial support and resources to developers, promoting the creation of diverse dApps and enhancing the platform's usability.
Long-term Vision and Strategic Goals
Lumia aims to be a leading Layer 2 solution that integrates Real World Assets (RWA) into the DeFi ecosystem. By providing scalable, secure, and efficient infrastructure, Lumia is committed to bridging the gap between traditional finance and decentralized platforms, offering users a wide range of financial products and services.
Implementing a strategy for sustainable growth, innovation, and expanding Lumia's influence in the decentralized finance field.
To achieve its long-term vision, Lumia has developed the following plans:
- Continuous technological progress:Invest in research and development, introduce cutting-edge technology to enhance platform performance and security.
- Strategic cooperation:Collaborate with other blockchain projects, financial institutions, and technology suppliers to expand platform capabilities and influence.
- Compliance:Cooperate with regulatory agencies to ensure compliance with global financial regulations, promote the integration of RWA, and enhance the trust of users and investors.
- Community Development:Through educational programs, incentive mechanisms, and transparent governance, cultivate an actively engaged community to ensure that the platform's evolution aligns with user needs and industry trends.
Highlights
- Lumia plans to deploy the mainnet, integrate zkValidium technology, and enhance liquidity solutions through Lumia Stream.
- The community participation program includes Lumia Quests and developer funding, aimed at promoting active participation and innovation.
- The community participates in governance and platform development through voting and feedback channels, increasing interactive opportunities.
- Lumia's vision is to become a leading Layer 2 solution that integrates Real World Assets (RWA) into DeFi, bridging traditional finance and decentralized platforms.
- Sustainable growth strategy includes technological progress, strategic cooperation, compliance, and community development.
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