Lumia, the largest RWA blockchain, has revealed that Binance is all set to introduce an Earn campaign involving LUMIA tokens.
The largest RWA blockchain, Lumia, has announced that Binance will be launching an Earn campaign for LUMIA tokens. This initiative will commence on October 24, 2024, and will enable LUMIA token holders to deposit their tokens and earn up to 19.9% APR through Simple Earn on Binance. The campaign will span a period of five months, concluding on March 21, 2025, to maximize earning potential.
LUMIA Staking Rewards on Binance Earn As part of Binance's Earn program, LUMIA holders will be offered varying rates based on the staking period. Staking begins at an APR of 6.9%, with 8% for 60 days, culminating in a maximum of 19.9% for 90 consecutive days. Participants can stake a minimum of 0.1 and a maximum value of 25000 LUMIA tokens. Binance's Simple Earn program allows LUMIA holders to amplify their earnings by engaging in staking programs that reward users with the same token they stake. This initiative caters to both new and existing LUMIA holders as they navigate the token's functionalities within the Lumia Chain for real-world assets (RWAs).
Lumia's blockchain technology integrates real-world assets into decentralized finance (DeFi) through two primary segments: Lumia Chain and Lumia Stream. While Lumia Chain encompasses governance, node rewards, and RWA tokenization, Lumia Stream provides liquidity for traditionally illiquid RWAs, including real estate, art, and commodities.
Impact on Lumia and Binance Ecosystem A core contributor to the Lumia project, Mehmet, underlined the importance of the Binance Earn program, highlighting its role in engaging new and existing users while showcasing the broader use cases of Lumia's blockchain. This program follows Binance's support during Lumia's token swap event, facilitating Web3 users' adoption of the LUMIA token.
The Binance Earn campaign for LUMIA holders presents an attractive avenue for crypto users to delve into the world of RWAs and earn substantial rewards in the process. Through this campaign, Binance and Lumia are forging a deeper connection between blockchain and real-world assets.
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