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Orion (ORN) Mainnet Swap and Rebranding to Lumia (LUMIA)
Orion's inception was driven by a vision to address a fundamental issue within the decentralized finance (DeFi) sector: the dispersion of liquidity across the ecosystem. This challenge prompted the creation of Orion Terminal, an innovative platform that unified liquidity from both decentralized (DEXs) and centralized exchanges (CEXs), setting a new benchmark in the DeFi landscape. However, as the sector matured, it became evident that the true potential of our underlying technology extended far beyond a single platform.
This realization led to a strategic decision to refine our focus, distinguishing our suite of DeFi products from the core liquidity infrastructure that underpins them. Thus, Lumia was born—a robust liquidity infrastructure protocol interconnecting Layer 1's and Layer 2's with boundless liquidity from CEXs and DEXs. This strategic division empowers Orion to enhance its user-centric DeFi offerings, while Lumia embarks on a mission to construct a comprehensive liquidity network.
Lumia's inception is a testament to our commitment to innovation and our belief in the transformative power of our technology. By bridging the gap between CEX and DEX liquidity, we're not just evolving; we're redefining our mission to become the foundational liquidity infrastructure for DeFi. This pivot towards a more defined infrastructure model signifies a clear delineation in our market positioning and growth strategy. It allows us to bolster our platform's infrastructure, enhancing scalability, security, and user experience.
This transition to Lumia, while marking a new chapter, builds upon the legacy of Orion. We're expanding our vision, not departing from it. As Orion continues to flourish as a premier suite of user-centric web3 products, Lumia is set to become the de facto liquidity source for the crypto world. Together, Orion and Lumia represent the next leap in our journey—solidifying our role in the DeFi landscape and empowering our community through innovation, accessibility, and an unwavering dedication to the future of finance.
Token Swap
This section outlines the token swap process from the existing Orion Protocol token (ORN) to LUMIA and explains the crucial role LUMIA will play in the Lumia L2 ecosystem.
Swap Ratio: 1:1 (1 ORN = 1 LUMIA)
Process: For each ORN token burned, holders will receive 1 LUMIA token
Eligibility: All current ORN token holders
Tokenomics
Current ORN token supply: 92,631,255
New LUMIA token supply: 238,888,888
Token supply increase: 146,257,633