Project Lumia and Lumia Hypernodes

Jul 17, 2024

Lecture: Project Lumia and Lumia Hypernodes

Introduction

  • Presenter Disclaimer: Not a financial adviser. Content is not financial advice.
  • Topic: Project Lumia and Lumia Hypernodes.

Lumia Hypernodes Overview

  • Concept: One node with multiple licenses.
  • Revolutionizes liquidity, connectivity, staking, and more with decentralized control and community governance.
  • Functions: Contribute, manage, and delegate Lumina liquidity for immediate yield with no extra cost.
  • Launch Date: 10th of July.
  • Referral Code: JD node (Available in the description).

Key Features

  • Node Details:
    • One node, multiple licenses.
    • Delegate, participate, and earn.
    • Maximize involvement, flexibility, and efficiency with hypernode licenses.
  • Supply Contribution:
    • 50% of supply contributes to liquidity via the node owner liquidity model.
    • Hypernodes can delegate to DAC and liquidity nodes.
    • Enables flexible and efficient ecosystem participation.
  • Distribution:
    • 40% hypernodes
    • 10% power rewards
    • 50% rewards and incentives

Hypernode Rewards

  • Pricing: $1,000 per hypernode.
  • Daily Rewards: $2,000 worth of Lumi tokens.
  • Benefits:
    • Purchase hypernode to access Lumia ecosystem.
    • Lock and delegate your license.
    • Delegate to DAC node or dnlp for rewards/yields.
    • Ecosystem rewards: 50% of new Lumia supply allocated as rewards.
    • Node own liquidity: Performance-based yields.
    • Power rewards: Enhanced staking and qualifier for airdrops.

Token and Market Mechanics

  • Hypernodes and Simba Token:
    • Ticker: Simba
    • 50% supply allocated to hypernodes.
    • Delegate, participate, and earn with dynamic resource flow.
  • Hypernode Pricing:
    • Maximum 50,000 nodes.
    • Initial price: $1,000 per node for the first 10,000 nodes.
    • Prices rise incrementally every 100 nodes after initial 10,000.
    • Example: Next 5,000 nodes priced at ~$1,000 - $1,113 on average.
  • Airdrops: Eligibility for periodic airdrops.
  • Node Sales: Register interest. Node sale goes live on 10th July.

Lumia Project Insights

  • Lumia is reinventing DeFi for real-world assets.
  • Next-gen ultra-capital efficient, hyper-liquid restake layer 2 rollup on the IGON layer.
  • Passive income opportunities by owning Lumia hypernodes.
  • Supports ecosystem growth.
  • Expected to be a major player in the crypto/real-world asset space.

Conclusion

  • Call to Action: Get ready for the 10th July release of hypernodes.
  • Video Wrap-up: Thank viewers, encourage preparation for node purchase.