Staking and governance

Lumia Power (LUMIAp) is the token that represents locked-up governance tokens and grants voting power within the Lumia Ecosystem. A more traditional term is vote-escrowed derivative.

By locking LUMIA for a fixed duration of time, users receive LUMIAp, which grants governance weight and access to exclusive incentives.

To dive deeper into the financial side, read Lumia Power on Medium.

How it Works

• Lock Mechanism: You commit an amount of LUMIA to be locked, choosing a lock duration.

• LUMIAp Issuance: In return, the system emits you LUMIAp, which grants governance participation and access to ecosystem incentives—but no ongoing LUMIA interest emissions like in traditional staking/restaking. The emitted amount depends on lock duration and amount - rewarding longer and larger commitments.

• Utility: LUMIAp grants governance rights and eligibility for ecosystem rewards, without accumulating users interest in LUMIA/LUMIAp like in a traditional staked/restaked system.

How to Obtain Lumia Power?

1. Acquire $LUMIA Purchase LUMIA tokens on exchanges such as Binance, Bybit, Bitget, Bitmart, or others.

2. Lock Your LUMIA Lock your LUMIA from the Lumia Power page. The longer lock period you choose, the more LUMIAp you'll receive.

3. Receive LUMIAp Based on the locked amount and duration, you'll be allocated LUMIAp. Check your wallet to see it.

In the meantime

Do not send LUMIA to a contract or a site claiming to offer staking or governance rewards on Lumia's behalf. None is confirmed as official. If you are unsure whether something claiming to be a Lumia staking or governance product is legitimate, check with support before interacting with it:

• Telegram: @lumia_helpdesk_bot

• Technical support: [e-mail]