😎Lumino $LMN Tokenomics

Our ISPO (Stage1) has launched on epoch 366, with an initial allocation of 500,000 $LMN tokens. Here are further details about our $LMN token and tokenomics.

$LMN Token Utility

Governance

$LMN token is the heart of Lumino and our native utility token for the community and project infrastructure. With the $LMN token, users get a passcard to participate in all our products. Token holders will be able to vote on product features, and token utility, and even decide which projects get to be featured by Lumino.

Stake for IDO

Users can stake $LMN tokens on our Launchpad Staking section to earn POINTs without the risk of missing their principal inputs. With POINTs, users can participate in IDO via the investing function of our launchpad. In this sense, the staking of $LMN tokens is the pathway to IDO.

Merge staking Rewards

$LMN token is the reward payment token of Lumino ISPO Stage1 + Stage2. The ISPO stage1 enables the community to accumulate an assignment of native $LMNtokens which can be utilized in ISPO stage2-merged staking. With the merge staking protocol, users can delegate ADA to ISPO merge staking pools, and at the same time, merge stake the $LMN token they earned from stage 1 ISPO or bought from exchanges to Lumino launchpad to earn excessive $LMN token rewards on top of ADA.

Liquidity mining

To incentivize participation in the daily token pools, we are going to launch a liquidity mining program with the DEX going live. The way this distribution will work is simple, everyday $LMN token will be distributed to all liquidity providers on a pro-rata basis. Liquidity providers can claim their reward after 24 hours and will have 7 days to claim their reward token. Unclaimed tokens will be sent back to the rewards pool for later distribution. The exact reward structure will be revealed when DEX goes live.

$LMN Token Tokenomics

Token Supply and Initial Market Cap

  • Total Supply: 100,000,000

  • Initial Circulating Supply: 7,128,000

  • Initial Market Cap: USD 2,138,400

Token Distribution

  1. Private Sales — 11.93% Private round

  2. Public Sales — 2.05% Public round targeting any interested individuals

  3. Liquidity — 1.02% Liquidity provision and liquidity mining

  4. Marketing — 7% Marketing for Lumino, Building a stronger community and attracting new projects.

  5. Partnerships — 9% Collaboration with Lumino

  6. Ecosystem — 35% rewards and incentives for ecosystem growth

  7. Team — 16% To motivate and compensate Lumino team members for their dedication

  8. Advisors — 5% Advisory remuneration for guiding Lumino towards the right direction with long-term goal

  9. Legal & Compliance — 4%

  10. Development — 9%

Token Sales

Private Sale

  • Price — $0.3 Fundraising — $3,500,000

Public Sale

  • Price — $0.5 Fundraising — $1,000,000

Token Vesting Summary

  • Private Sales 10% upon exchange listing, 3 months cliff followed by 15 months linear vesting (per block)

  • Public Sales 30% upon exchange listing, 6 months linear vesting thereafter

  • Liquidity 100% unblock

  • Marketing 5% upon exchange listing, 5% per month thereafter

  • Partnerships 5% upon exchange listing, 5% per month thereafter

  • Ecosystem Reserved for liquidity mining on DEX, money market, etc. 10% upon exchange listing, 2 years linear vesting thereafter

  • Team Reserved for the project team, 6 months cliff followed by 2 years linear vesting

  • Advisors 6 months cliff followed by 2 years linear vesting

  • Legal & Compliance Reserved for project compliance, 1-month cliff followed by 1-year linear vesting

  • Development 6 months cliff followed by 2 years linear vesting

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