5 minutes

Introducing Lumia: The Liquidity Layer of Web3

February 26, 2024

Today, we’re excited to share a vision that has been months in the making. Introducing Lumia: the liquidity layer of web3, designed to redefine the entry point to DeFi.

In this rapidly evolving landscape, the quest for seamless, efficient, and scalable liquidity solutions has remained at the forefront of the blockchain community’s interest. Today, we are thrilled to introduce Lumia, a web3 liquidity layer that is ushering in a new era of capital efficient and sustainable DeFi protocols. Lumia is lighting the way for a better financial future, propelling the biggest financial applications and ecosystems towards real global adoption.

Orion to Lumia: Evolution of a DeFi Pioneer

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.

Lumia’s Ambitious Mission

Lumia’s mission is clear and groundbreaking: to be the go-to liquidity source not just for exchanges, but also for any application, and any business, whether in web3 or web2, that needs deep, reliable and best priced liquidity on demand. This ambition isn’t merely lofty; it represents a transformative shift, merging the vast liquidity of top CEXs with the innovation of decentralized exchanges (DEXs) into one potent, decentralized network. Envision a future where Lumia’s liquidity forms the foundation of every transaction and trade, enhancing the financial ecosystem’s openness, accessibility, and resilience.

With the proliferation of Layer 1 and Layer 2 blockchains, Lumia stands as a critical component for the success of a multi-chain Web3 future. Just as Chainlink serves as the standard for oracles, Lumia aspires to be the universal layer for liquidity, connecting liquidity across various chains and verticals. If you believe in a multi-chain future, Lumia’s role is undeniably crucial.

But Lumia’s vision extends even further. It aims to establish a system where the rewards are shared by all participants: a genuinely decentralized network that benefits every contributor. Governance Stakers and Liquidity Nodes, the backbone of Lumia, are not merely supporting the network; they partake in its success. All value generated by Lumia is reciprocated to these contributors through its utility token (ORN), ensuring a fair distribution of rewards within the ecosystem.

In doing so, Lumia is poised to revolutionize the current dynamics. By placing its utility token at the core of value creation and sharing, Lumia is pioneering a new paradigm where value is not centralized but dispersed throughout its community. Whether it’s a dApp seeking more competitive prices, a DEX looking to enhance its liquidity, or a traditional web2 company transitioning into crypto, Lumia provides a decentralized solution that advantages all parties. With its expansive mission, Lumia is not merely striving for supremacy in liquidity provision but is dedicated to forging a decentralized future where everyone holds a stake in the ecosystem’s prosperity.

What’s Next: Preparing for a Vote

To embark on this new chapter, we will seek our community’s approval through a structured vote. The details of this vote will be shared in the coming days, outlining the proposed changes and how you can participate. This vote is not just a procedural step; it’s a testament to our commitment to community-driven governance and innovation.

Together Towards a Brighter Future

As we stand on the brink of this transformative pivot, we’re filled with gratitude for our community’s unwavering support. Together, we’ve built something extraordinary, and together, we will continue to shape the future of DeFi. We invite you to join us in this exciting journey, as we gear up for a vote that will set the course for our platform’s future and our collective mission to redefine finance.

Stay tuned.