Lumino: Strategic Evolution

Incubated by EMURGO & ADAVERSE: Lumino’s Strategic Evolution on Cardano’s DeFi Infrastructure

Astarter
Lumino DeFi
2 min readApr 19, 2024

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Lumino, formerly Astarter, is a DeFi protocol deployed on Cardano and supported by EMURGO & ADAVERSE–Cardano’s official commercial incubation partners. With an array of services, including a DEX, Launchpad, and Money Market, Lumino bolsters DeFi projects on Cardano, facilitating product services and fundraising tailored to their unique objectives.

Transition to Lumino: Rebranding with a Vision

Our strategic rebranding to Lumino captures the essence of enlightenment — embodying our mission to bring unparalleled clarity and progress to the DeFi space. This evolutionary transition is visually represented in our upgraded website and DEX V3 platform, projecting our readiness for an upcoming bull market with the launch of our LMN token following the rebrand.

Tokenomics and ISPO Rewards Transition

Our token economic model remains unchanged in substance and takes on the new name of $LMN. The token rewards generated from staking in the ISPO AA1 pool will seamlessly transition to equivalent $LMN rewards, continuing our tradition of value distribution within the Cardano standard token framework.

As we prepare for the public test and launch of our DEX V3.0, it is crucial to note that $LMN is not yet in circulation. We urge our community to remain vigilant against scams and to verify sources of information regarding token distribution and availability.

Forging Ahead: DEX V3.0 and Beyond

Lumino is poised to release the DEX V3.0 public testnet soon, with a full launch slated for the subsequent quarter. We aim to provide versatile and robust infrastructure that, in addition to delivering and supporting diverse DeFi services such as DEX, Launchpad, Money Market, and Technical Services, also elevates the Cardano ecosystem through strategic partnerships and technical innovation.

Lumino: Unleashing DeFi’s Potential on Cardano

Lumino is committed to broadening the horizons of the Cardano ecosystem, offering secure, fair, and accessible financial services that hasten the DeFi evolution and cater to existing and emerging projects on the blockchain.

In the spirit of collaboration, we invite our community to engage with us actively, sharing their insights as we stride into a luminous future where Lumino is a leading light on the DeFi journey. Together, we will navigate this transformative journey, laying the groundwork for a decentralized financial future that is boundless and bright.

Follow this link to join one of our upcoming Lumino open discussion events, or reach out to us in reply to this article for more information.

You can find our website and other links at https://linktr.ee/LuminodeFi

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Astarter
Lumino DeFi

A key DeFi hub on Cardano backed by EMURGO & Adaverse