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Eluma ⚡ @JohnCrypt944 on x XX followers
Created: 2025-07-19 17:09:41 UTC
What is $LUA? The backbone of Lumi Finance on @LumiterraGame
Let’s break down how $LUA works,
$LUA is the native store of value in the Lumi Finance ecosystem.
Everything revolves around it: → Minting $LUAUSD → Staking → Earning $LUAB rewards → Boosting your power with veLUA
You can’t just get $LUA.
Every $LUA must be minted through the protocol using an official process.
That process uses:
A minting price (not fixed!)
LUAB as part of the equation
There are two prices for $LUA you should know:
✅ Minting Price – Set by the protocol using a bonding curve ✅ Market Price – Set by supply/demand on DEXs like Uniswap
You can spot opportunities when the two prices don’t match 👀
So, why the bonding curve?
It prevents spam minting and rewards early adopters. The more $LUA is minted, the higher the minting price climbs 📈
It’s a deflationary pressure system that encourages long-term strategy.
Official LUA Token Address (Arbitrum): 0xc3aBC47863524ced8DAf3ef98d74dd881E131C38 ✅ Always verify before interacting on-chain.
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Related Topics protocol $luab staking $luausd finance lumi $lua luaswap