👀Overview

fixed-rate lending; incentivised borrowing

Overview

Lumin is a decentralised peer-to-peer fixed rate lending and borrowing protocol. Launched on Arbitrum and powered by the $LUMIN token, for revenue sharing and DAO governance.

Lumin brings together the best elements of decentralised finance, traditional finance and the technical sophistication of Web3 and cryptocurrencies, to offer solutions that allow you to fully control your finances and exchange value between two parties privately and securely.

Unlike most DeFi lending protocols, the lender, borrower and staker in the protocol are rewarded for their participation, in a way that can eventually be administered by a DAO. From here any adjustments required for the protocol will be by request from the DAO.

Lumin offers some unique aspects with our platform including fee sharing to $LUMIN stakers, buyback-and-distribute (BBD) and buyback-and-burn (BBB). These mechanisms create a powerful circulation flow and a deflationary supply.

Each loan is individualised, so not affected by any other loans facilitated on the platform. The protocol makes use of NFT technology as a vehicle to hold the loan. This allows the loan to be tradable on our marketplace.*

Let’s take a run through of how Lumin Protocol works and what you can get out of using the platform. Welcome to Lumin Finance – a peer-to-peer fixed-rate lending protocol.

*This is a v2 feature.

Please see our page for a full run down of v2 upgrades.

Quick links

Last updated