Lumia Proposes Early HyperNode Buyout in Stablecoins ๐๏ธ๐ต
๐๏ธ โก In a major strategic shift, Lumia announced governance proposal LGP-01 to conclude its HyperNode program roughly 18 years ahead of schedule.
๐ ๐ผ The team explicitly stated that running permissionless community nodes impedes its ability to build an institutional and government-aligned real-world asset network. Traditional finance partners demand strict compliance and known validators.
๐ ๐ Lumia originated as Orion Protocol in 2020 before rebranding in 2024. During that transition, it raised over $25M by selling 50,000 HyperNodes to retail users with an 18-year reward promise. Now, it plans to buy out remaining rewards in USDT within 30 days of the vote passing.
๐ฆ โ๏ธ Paying in stablecoins prevents massive $LUMIA emissions from dumping on the market. However, retail operators face uncertainty because the official buyback price has not been published ahead of the 28 September 2026 vote.
๐ฌ Would you take the cash payout or buyback $LUMIA? ๐
#Lumia #RWA #DeFi #Crypto
๐๏ธ โก In a major strategic shift, Lumia announced governance proposal LGP-01 to conclude its HyperNode program roughly 18 years ahead of schedule.
๐ ๐ผ The team explicitly stated that running permissionless community nodes impedes its ability to build an institutional and government-aligned real-world asset network. Traditional finance partners demand strict compliance and known validators.
๐ ๐ Lumia originated as Orion Protocol in 2020 before rebranding in 2024. During that transition, it raised over $25M by selling 50,000 HyperNodes to retail users with an 18-year reward promise. Now, it plans to buy out remaining rewards in USDT within 30 days of the vote passing.
๐ฆ โ๏ธ Paying in stablecoins prevents massive $LUMIA emissions from dumping on the market. However, retail operators face uncertainty because the official buyback price has not been published ahead of the 28 September 2026 vote.
๐ฌ Would you take the cash payout or buyback $LUMIA? ๐
#Lumia #RWA #DeFi #Crypto
