Orion

<h4><a href="https://www.altcoinbuzz.io/?s=rwa" target="_blank" rel="noopener">RWA</a> is one of the hot narratives right now. Even in these tough market conditions for alts. But there is one big issue. Fragmented liquidity. Liquidity is spread out over many different chains. Plus, there’s the liquidity of DEXes and Centralized exchanges.</h4> 
How do we solve this problem and bring it together? Well, Lumia is working on this exact problem. And after a rebranding, they have lots of new info to show us. Let’s see what’s new with Lumia. 
<h5>Orion is Becoming Lumia</h5> 
So a rebrand is coming. Orion is becoming <a href="https://lumia.org/" target="_blank" rel="noopener">Lumia</a>. But first, what the Orion project is, and has been. Orion Protocol was the <a href="https://medium.com/@TradeOnOrion/lumia-the-next-leader-in-defi-liquidity-0dfc726c043b#:~:text=Retail%2DFocused%3A%20Orion%20was%20designed,liquidity%2C%20enhancing%20their%20trading%20experience" target="_blank" rel="noopener">first DeFi aggregator</a> that would aggregate liquidity from both DEXes like Uniswap and CEXes like Binance. Even today, there are not many aggregators to do this but Orion was the first. 
Add to that a focus on us individual retail users, then you have something different and unique in the marketplace. While there are <a href="https://www.altcoinbuzz.io/?s=nodes" target="_blank" rel="noopener">nodes</a> and validators here, just like in other PoS networks. One of the things that’s coming from the rebrand is the launch of Hypernodes. The Hypernodes just started. The goal is to make the protocol more liquid and have more rewards to pay out for stakers. 
<img decoding="async" class="wp-image-145481 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxbvcbvngffdgsdfsdsd-233x300.png" alt="" width="450" height="579" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxbvcbvngffdgsdfsdsd-233x300.png 233w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxbvcbvngffdgsdfsdsd-326x420.png 326w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vcxbvcbvngffdgsdfsdsd.png 392w" sizes="(max-width: 450px) 100vw, 450px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/BuildOnLumia/status/1811371534604189697" target="_blank" rel="noopener">X</a></h6> 
Hypernodes will give more decentralization to the protocol by offering multiple yields through liquid staking. The new protocol will be a liquid staking protocol with a focus on the RWA market. All this new decentralized liquidity helps bridge the gap that existed for Orion between DEX liquidity and CEX liquidity for trades. 
<img decoding="async" class="wp-image-145484 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcbvchggffdsdfrertytu-206x300.png" alt="" width="429" height="625" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcbvchggffdsdfrertytu-206x300.png 206w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcbvchggffdsdfrertytu-289x420.png 289w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcbvchggffdsdfrertytu.png 392w" sizes="(max-width: 429px) 100vw, 429px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/BuildOnLumia/status/1806311708572414145" target="_blank" rel="noopener">X</a></h6> 
This idea of being the liquidity layer for the RWA market is important. Look at how fragmented liquidity is in DeFi right now. Ethereum has most of the DeFi TVL at $59 billion. But 5 of the next top 8 are EVM chains and the total of the 8 together is another $22 billion. But all spread out over 9 chains instead of more liquidity together for everyone’s benefit. 
<h5>More About Lumia</h5> 
Orion is rebranding to Lumia. Lumia calls itself the “hyper liquid restake rollup”. That’s a lot to digest. So let’s see what it is. Lumia will be part of both liquid staking like Eigenlayer but also RWA liquidity. Going back to the hypernodes I mentioned earlier, 50% of the new $LUMIA token will go to hypernode rewards. 
Lumia wants liquidity and they are willing to pay for it. That 50% will be split with 40% evenly divided among all Hypernodes. The last 10% will go to the power users. The most active nodes will earn more, as is common in lots of community projects. 
<img decoding="async" class="wp-image-145485 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvcgfgfghjhuk-300x297.jpg" alt="" width="459" height="454" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvcgfgfghjhuk-300x297.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvcgfgfghjhuk.jpg 392w" sizes="(max-width: 459px) 100vw, 459px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/BuildOnLumia/status/1806312560230043871" target="_blank" rel="noopener">X</a></h6> 
Orion was about retail. Lumia is about bringing institutions on board, too. RWA volume grows fastest when institutions can easily access the platform and the investments. Lumia calls it <a href="https://medium.com/@TradeOnOrion/lumia-the-next-leader-in-defi-liquidity-0dfc726c043b#:~:text=Retail%2DFocused%3A%20Orion%20was%20designed,liquidity%2C%20enhancing%20their%20trading%20experience" target="_blank" rel="noopener">deCEX</a> (decentralized CEX liquidity). And it’s one flat, foundational layer of liquidity. This helps prevent: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Fragmented liquidity across chains.</li> 
 <li style="font-weight: 400;" aria-level="1">All the new L1s and L2s from taking and isolating liquidity in the market.</li> 
 <li style="font-weight: 400;" aria-level="1">Pricing inefficiencies for borrowers and those using liquidity pools.</li> 
</ul> 
The idea is simple. More money from more places is available in one place. And you use it as you need it. Using <a href="https://polygon.technology/blog/introducing-polygon-id-zero-knowledge-own-your-identity-for-web3" target="_blank" rel="noopener">PolygonID</a> as a decentralized ID, Lumia is ready for all KYC and other compliance features that institutions will need. 
With this decentralized liquidity layer, Lumia will be able to expand and do things well beyond the limits of what the old Orion Protocol could do. It takes the best of Orion’s offerings and brings it into the new marketplace with an RWA focus. What’s your favorite RWA project right now? Let us know in the comments below. 
<h5>What’s In It for You?</h5> 
So Orion is now Lumia. What does that mean for you? Why is this a good thing? First, the hypernodes are where all the action will be in the new network. A hypernode costs $1000 so far with a max supply of 50,000 hypernodes. So getting one puts you ahead of the game. You’ll earn a greater share of the network rewards. Then the RWA and staking rebrand get to work in your favor as they work to grow the platform. 
<img decoding="async" class="wp-image-145488 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxcfggfhhgjuyui-194x300.png" alt="" width="449" height="695" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxcfggfhhgjuyui-194x300.png 194w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxcfggfhhgjuyui-272x420.png 272w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxcfggfhhgjuyui.png 392w" sizes="(max-width: 449px) 100vw, 449px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/BuildOnLumia/status/1808895751461757378" target="_blank" rel="noopener">X</a></h6> 
Next, their restaking program focuses on a new way to maximize yield. Their Delta Neutral Liquidity Provisioning or DNLP means higher yields and lower risks for you. Delta neutral is when you make money regardless of how much the price (or delta) moves for or against you. Lumia does this with various yield farming, <a href="https://www.altcoinbuzz.io/?s=liquid+staking" target="_blank" rel="noopener">liquid staking</a>, and restaking programs. We will see more details on this program soon. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a> 
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<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Lumia. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/next-big-leader-in-rwa-crypto-with-29154-roi/">Next Big Leader in RWA Crypto with 29154% ROI</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Next Big Leader in RWA Crypto with 29154% ROI

Altcoin Buzz

Інші статті, опубліковані 12 лип. 2024 р.

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