Lumia Launches Testnet And User Quest Points Program for its RWA Layer 2

Grand Cayman, Cayman Islands, September 23rd, 2024, Chainwire

The global developer community will be actively involved through the test network, offering rewards for participation via social mining. This engagement could lead to future advantages.

Lumia, a prominent figure in RWA (Real-World Assets) and DeFi (Decentralized Finance), has unveiled plans for its testnet and user engagement program. This testnet provides an early opportunity for developers and users to delve into features like the dispenser (faucet), connector (bridge), examiner (explorer), and regulator (sequencer), all before the mainnet is officially launched.

Starting from [DATE], our testnet is ready for early access, giving users an opportunity to get acquainted with Lumia’s Layer 2 technology. This unveiling will also introduce a quest-based program where participants can earn points by accomplishing easy tasks and learning essential Lumia features.

The upcoming test network for the Lumia L2 system is anticipated to draw developers and users eager to try out the infrastructure elements of this ecosystem, as curiosity surrounding the Lumia testnet and forthcoming mainnet has been sparked by a recent node sale where over 25,000 HyperNodes were bought by both community members and investors.

Kal Ali, a Key Player at Lumia Foundation, announced: “We’re thrilled to let developers and users delve into our advanced Level 2 framework via this testnet initiative. This move is essential in making our concepts for RWAs and DeFi become a reality.

Following Lumia’s mission to effortlessly integrate Real-World Assets (RWAs) using blockchain technology, I am excited to announce that our testnet is now open to developers worldwide. Not only will this provide an opportunity for users to earn rewards through social mining, but it also offers potential future advantages. Besides accomplishing quests, users can collect points by generating unique content themselves.

Developers get an initial opportunity to scrutinize Lumia’s Layer 2 structure in the test network and assess its potential for building scalable RWAs (Rolling Windows Automata) and DeFi (Decentralized Finance) protocols. Lumia, known for enhancing capital efficiency, is among the first rollups constructed on Polygon specifically tailored for RWAs. It accommodates tokenized assets such as real estate, commodities, art, stocks, and financial indices.

In the future as conventional assets get turned into digital tokens, systems such as Lumia’s Layer 2 technology will be crucial for linking these tokenized assets with the expanding Decentralized Finance (DeFi) network. The market for Representation of Warranty Assets (RWA) is projected to surge into a colossal, multi-trillion-dollar industry, and platforms like Lumia are strategically situated to take the helm in this rapidly changing environment.

Many collaborators and suppliers have joined the Lumia system, with more to come, as we prepare to launch a grant initiative for developers. The introduction of our test network brings Lumia’s L2 network one step closer to the main network, offering early adopters a chance to try out its features and take part in its pioneer program.

Kick off your journey right now by delving into Lumia’s Layer 2 test network, and reap rewards through the User Quest Points Program. Keep one step ahead in the tech race and link up with a thriving community of developers and pioneers shaping the future of Decentralized Finance (DeFi) and Rapidly-evolving Web Applications (RWAs).

About Lumia

As an analyst, I’m excited to share that Lumia stands as the global pioneer in the development of the next-generation modular L2 platform. Designed with a focus on deep liquidity and exceptional capital efficiency, Lumia lays the groundwork for the upcoming DeFi era, particularly in regards to Real-World Assets (RWAs).

Contact

Dan Edelstein
PR@marketacross.com

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2024-09-23 15:16