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Project Overview
Lumia is the next-gen blockchain that provides comprehensive infrastructure across the entire life cycle of RWAs, from asset tokenization to connectivity to the millions of traders in DeFi and Web3.
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Orochi Network Completes $8 Million Funding Round with Participation from Plutus VC and Others
Odaily reports: Orochi Network announced an additional $8 million in funding, bringing its cumulative fundraising to $20 million. The funds will be used to build verifiable data infrastructure for real-world asset (RWA) tokenization. This round received support from MEXC Ventures, Plutus VC, Bolts Capital, Ant Labs, and previous investors, and the project also received a grant from the Ethereum Foundation.Orochi Network stated that its verifiable database zkDatabase has launched on mainnet, having processed over 700 million proofs cumulatively with more than 10,000 downloads. It has established partnerships with projects such as Plume, Lumia, Nexus, and OG, and its alliance has over 120 enterprise partners. The network aims to use cryptographic technologies such as zero-knowledge proofs to verify the authenticity and integrity of asset data, providing data verification and audit infrastructure for applications including RWA, stablecoins, and AI.
Recently up 100%, 6 wallets went 3x long on 11.7 million LUMIA, with a total unrealized profit of $949,000
Odaily News: According to Lookonchain monitoring, LUMIA recently rose 100%. 6 wallets went 3x long on a total of 11.7 million LUMIA on Aster_DEX, worth $1.9 million, with a total unrealized profit of approximately $949,000, among which the highest return exceeded 160%.
Lumia Initiates LGP-01 Governance Proposal: Plans Full Buyback of HyperNode Node Rewards and Establishment of a Growth Fund
The Lumia community has now opened voting on the LGP-01 proposal. The proposal recommends that the Lumia Foundation Treasury execute a one-time upfront full repurchase of the remaining unallocated rewards for HyperNodes over the next approximately 18 years at a fixed price of 0.09 USDT per LUMIA token (a premium of over 10% compared to the 30-day time-weighted average price), and will formally terminate the original node reward program upon completion of the repurchase.