DePIN Nodes the Next Big Thing? Liquidity for Real-World Assets
Following the Bitcoin halving, many cryptocurrency miners are looking to alternate sources of passive income in the cryptocurrency space. One form is through cryptocurrency nodes, which help run blockchain networks. They help maintain records, validate transactions, and ensure the network’s security. There are different types of nodes; the node we are going to look into today are Lumia’s Hypernodes.
What are Lumia Hypernodes?
The project, Lumia, has Hypernodes, which offer users rewards for owning a node. By owning and operating a node, users benefit from receiving daily $LUMIA rewards, participation rewards, ecosystem and partner airdrops, enhanced staking rewards, and more. The current price of a Lumia node is $1,000, and the sale will be live starting July 18, 2024. Having a node also gives users the ability to participate in Lumia’s Liquidity Layer decision-making process, while also having part in two projects (Lumia L2 and Lumia Stream).
How to Buy a Lumia Node:
A referral link or code is required to purchase a node: https://node.lumia.org/checkout?ref_code=VOSKXX
Stay tuned for a full video review of Lumia and walkthrough on how to purchase a Lumia node!
About Lumia
Let’s do a quick deep dive into the project behind these nodes. Lumia claims to be the first-ever liquidity layer designed to provide deep liquidity to real-world assets (RWAs) using Physical Infrastructure Networks (DePin).
Lumia’s token powers two networks: Lumia L2 and Lumia Stream. Lumia L2 is the Layer 2 rollup that leverages its native liquidity layer powered by Lumia Stream. And Lumia Stream allows decentralized access to centralized exchange liquidity. It’s essentially a liquidity module natively integrated into Lumia L2.
Some of the key features of Lumia are:
Infrastructure: Lumia provides a platform for real-world assets (RWAs) like real estate, commodities, and financial instruments to be brought into the world of decentralized finance (DeFi). They claim to offer seamless integration and liquidity provisioning.
Liquidity Provisioning: Liquidity provisioning is essentially the backbone of DeFi and decentralized exchanges. Lumia aggregates liquidity from the most popular chains on the market and makes liquidity available cross-chain to ensure seamless trading of assets.
Scalability: Lumia uses zkEVM technology to operate Data Availability Committee (DAC) nodes, which accelerates the transition from Stage 0 to Stage 2 roll-ups.
Seamless Onboarding: Lumia has integrated EIP-4337 and intents technology to help simplify interactions on chain, making them more intuitive for mass adoption.
Built-In KYC and Privacy: Lumia uses PolygonID for secure and decentralized identity verification.
Maximum Yields and Yield Restaking: Lumia uses Delta Neutral Liquidity Provisioning (DNLP) to maximize capital for institutions and investors.
AI-Yield Management: Using zkML and zkSNARKS, Lumia ensures trading decisions made by AI align with their neural network model predictions.
Lumia also has an upcoming airdrop, coming soon. Stay tuned for updates on Lumia.
Lumia Team
The team behind Lumia is also doxxed and includes members from Orion Protocol, Binance, BNB Chain, TikTok, and other blockchain-related groups. You can view Lumia’s core contributors here. The project is also backed by a grant from 1INCH.
Links:
Lumia Website: https://lumia.org
Lumia Whitepaper: https://docs.lumia.org/lumia/hypernodes
Lumia on Twitter/X: https://x.com/BuildOnLumia
Thank you to Lumia for sponsoring this article. This is not financial advice. Please do your own research before investing. This article may contain referral/affiliate links. VoskCoin may receive compensation when affiliate/referral links are used.
