Lumerin is a routing protocol that makes it simple and easy to control how, when, and why data and communications are routed via smart contracts from audio, to video, to hashpower.
I. Project Introduction
Lumerin is a routing protocol that makes it simple and easy to control how, when, and why data and communications are routed via smart contracts. Our first use case of the Lumerin Protocol is turning Bitcoin hashpower into a commodity and creating a global, decentralized hashpower marketplace. This marketplace gives miners better access to larger markets for their hashpower and allows others to invest and buy/sell hashpower at reduced risk. This first use case converts Bitcoin hashrate into a marketable, liquid financial commodity, increasing mining profitability and capital availability.
II. Token Information
1) Basic Information
Token name: LMR (Lumerin)
Total supply: 1,000,000,000
Tokens in Circulation: 52,303,430 in March 2022
2) Token Distribution and Token Release Schedule:
|Party||% of the total||Token Release Schedule|
|Founders & Early Team||25.000%||6 month lockup, 24 months vested thereafter|
|Pre-sale purchasers||23.100%||3 month lockup, 12 months vested thereafter|
|Public||4.300%||Tranche 1 - 2 month cliff, 4 months thereafter (21.25% monthly from month 3 onwards)|
Tranche 2 - 1 month cliff, 2 months thereafter (37.5% monthly from month 2 onwards)
Tranche 3 - None
|Grant||10%||Community and Tech development grants over 24 months|
|Long-term project endowment||37.600%||Mineable - over 5 years, pool loyalty rewards over 126 months, partners and advisors over 26 months|
III. Related Links
Official Website: https://lumerin.io/
Blockchain explorer Links: https://etherscan.io/address/0x4b1D0b9F081468D780Ca1d5d79132b64301085d1
Facebook : https://www.facebook.com/HelloLumerin
LinkedIn : https://www.linkedin.com/company/lumerin/
Telegram: ENGLISH : https://t.me/LumerinOfficial
Telegram: RUSSIAN : https://t.me/Lumerin_Russian
Twitter : https://twitter.com/HelloLumerin
Instagram : https://www.instagram.com/lumerinprotocol/
TikTok : https://www.tiktok.com/@HelloLumerin
Discord: ENGLISH : https://discord.gg/ncBTzhZPP6
Discord: RUSSIAN : https://discord.gg/qh6aS7DZc5
Medium : https://medium.com/lumerin-blog
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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