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Lumi Finance
LUA
- Algorithmic Stablecoin
- DeFi
Lumi Finance is an algorithmic stablecoin protocol. Lumi Finance’s AMM system dynamically mints and destroys LUA tokens based on demand as users buy and sell tokens through the protocol. LUA uses a risk-balanced dynamic MFR algorithm to maintain balance.
Recent News
- Curve Finance To Conclude CRV Token Emissions From TerraUSD Oriented Pools
- DeFi Disaster: How Hackers Pilfer $3.26 Million From A Major Protocol
- Hacker Exploits $21M Vulnerability in Transit Swap
- Is Logarithmic Finance (LOG) Set To Surge Like Convex Finance (CVX) and Kava (KAVA)?
- How the first hacker convicted of a smart contract attack was arrested
- "Unfortunate": $11M stolen from Agave and Hundred Finance DeFi protocols