$LUMIA LUMIA Coin is the new token after Binance completed the mainnet swap of Orion (ORN) and the brand upgrade. It is upgraded from the Orion protocol token ORN, playing a key role in the Lumia L2 ecosystem, aiming to become the cornerstone of the Lumia network and provide stronger utility. The main functions of LUMIA Coin include governance, rewards, etc., and it is an important driving force for the development of the Lumia platform.

LUMIA Coin is built on the Ethereum blockchain and is designed for payments and settlements in decentralized finance and Web3 applications. Its total supply is 1 billion, with 50% used to reward miners to ensure network stability, 30% to promote ecosystem development, and 20% for early development financing. The proof-of-stake mechanism of LUMIA Coin is superior to the traditional proof-of-work mechanism, reducing energy consumption and costs while improving transaction confirmation efficiency. Sharding technology increases network throughput, ensuring it can handle large-scale transactions.

LUMIA Coin will play multiple key roles in the Lumia ecosystem, including serving as the native Gas Token to pay transaction fees on the Lumia L2 network, participating in governance decisions, node staking, and liquidity provision, among others. The performance of LUMIA Coin is fair; according to official data, the current price of LUMIA Coin is $1.33, below the historical high of $1.94, the issue price is unknown, the historical low is $1.10, and the market capitalization is $98.21 million.

In addition, the supply of LUMIA Coin has increased from the original supply of Orion Protocol tokens of 92,631,255 to the new LUMIA token supply of 238,888,888, an increase of 146,257,633. The future development and market performance of LUMIA Coin are worth paying attention to, especially in the fields of decentralized finance and Web3 applications.