<img src=\" /UjupNVdcnV
— Lumia (@BuildOnLumia) July 11, 2024
The L2 launch of Lumia comes with a strong list of partners and service providers. Builders are also to receive grants to ensure that they adhere to the laid down standards from the inception of the project. The objective of this initiative is to encourage partners and users to discover economic possibilities and the financial sector in Lumia. With the increasing awareness and demand for RWAs, Lumia is well placed to gain market share in the sector.
Lumia’s partnership with Polygon AggLayer clearly demonstrates its focus on performance and the user experience. The zero-knowledge proofs that allow for near-instantaneous cross-chain transactions also improve usability and define a new benchmark for L2 solutions.
It is worth noting that Lumia recently rebranded its name from Orion. As stated in the announcement, Orion has led in liquidity aggregation, which is rare in the Defi market. It aimed at offering a full-fledged solution for individual retail consumers to get DEX and CEX liquidity.