umia

Galaxy Research released a research report on October 15, categorizing decision markets and impact markets as conditional markets. These two types of conditional trading settle only when specific outcomes occur, and decision markets also settle on clear and binding results. Unlike prediction markets, conditional markets are not limited to binary, all-or-nothing structures; they trade real assets and their prices rather than synthetic probability contracts, with the byproduct being the impact of events on asset values rather than occurrence probabilities. The agency referred to prediction markets as the zero version of event-driven finance, with a large number of experiments emerging over the past 18 months, and new infrastructure pushing it beyond prediction markets.The ownership token-based issuance platform Umia, aimed at EVM-compatible chains, launched in September, expanding decision markets from being primarily limited to Solana, where MetaDAO was the first to scale binary pass or fail markets, to multi-outcome markets that can price proposal parameters. A deposit of stablecoins or DAO tokens can simultaneously convert into positions covering each outcome, with only winning market trades ultimately settling. Currently, 22 DAO treasuries fully governed by decision markets hold a total of $50.5 million, with MetaDAO accounting for 21 of them and 78% of the assets; the stablecoin portion is $35.8 million, with MetaDAO holding 82%. The fundraising for the market-governed DAO issuance platform by MetaDAO was approximately 11 months prior to this research report. Umia extends the issuable chains to Solana or EVM, which together account for about 92% of TVL by chain type.

According to monitoring by Lookonchain, LUMIA has recently risen by 100%. Six wallets have longed a total of 11.7 million LUMIA on Aster_DEX with 3x leverage, valued at 1.9 million USD, with a total floating profit of approximately 949,000 USD, among which the highest return rate exceeds 160%.

The platform Umia, which helps cryptocurrency projects issue and govern tokens, completed a $6.11 million financing by auctioning its own UMIA tokens. Francesco Mosterts, co-founder and CEO of Umia, told The Block that the seven-day auction had a fully diluted valuation of $18 million, selling a total of 17.3 million tokens, which accounted for 34.6% of the total supply. All tokens sold in the auction were unlocked at issuance, with no lock-up period. According to CoinGecko data, the current trading price of UMIA is approximately $0.68, corresponding to a fully diluted valuation of about $34 million.About 45% of the funds came from institutional investors, with ten funds participating, including Galaxy Ventures, Digital Currency Group, Draper Associates, RenGen, Alpha EV, Maven 11, and Eon Capital, along with nearly 700 individual bidders. Umia stated that these funds had the same terms as other bidders, did not receive discounts, and no investors were granted board seats, observer roles, or advisory positions. The auction took place from August 26 to September 2 on Base, using Umia's version of Uniswap's continuous liquidation auction, with a minimum target of $2 million and a maximum token price of $0.36.Umia places the intellectual property, operational team, and treasury of each project under the same legal structure associated with the tokens, rather than being dispersed among companies, foundations, and DAOs.

The on-chain project launch and governance platform Umia has initiated the on-chain auction for its native token $UMIA, marking the first token issued through its system. The early bidding window is now live, and the public round will be open to everyone from August 29 to September 2 on Base via umia.finance. Bidding is priced in USDC and supports deposits via Privy cards; trading will commence on Uniswap v4 with protocol-owned liquidity after the auction ends.The total supply of $UMIA is 50 million tokens, of which 40 million will be allocated at launch, and the remaining 10 million will be reserved for performance. Of the 40 million, 61% will be in circulation from day one, covering the 17.3 million tokens sold in the auction (with no lock-up) as well as the portion held by the protocol; shares for supporters, service providers, and the team will vest over 36 months after a 12-month cliff.Umia is a full-stack on-chain project launch and governance platform, with a non-custodial treasury and board decisions priced through a decision market. Each project launched by Umia operates as a subsidiary of a Cayman isolated portfolio company based on the MetaLex BORG framework. Umia was incubated by Chainbound and raised $4.6 million in August 2024, led by cyber Fund.

According to Binance spot market data, the market has experienced significant fluctuations. LUMIA has dropped by 15.39% in the last 24 hours, while KGST has risen by 10% and reached a new high for today.In addition, EPIC has also shown a "high pullback" state, with a 24-hour decline of 10.56%. AVNT and ZBT have similarly experienced a "high pullback" state, with declines of 7.06% and 9.3%, respectively. The remaining tokens LS and TNSR have reached new lows for today, with declines of 5.4% and 5.24%, while the S token has hit a new low for the week, with a decline of 14.29%.

According to Binance spot data, the market has experienced significant fluctuations. CVC has dropped by 16.43% in 24 hours, and LUMIA has decreased by 20.29%, showing a "high and then low" state.In addition, LRC, LSK, TLM, FIDA, RAD, ALPINE, and POLYX have also shown a "high and then low" state, with declines of 6%, 6.56%, 7.92%, 8.17%, 6.65%, 8.78%, and 15.28%, respectively.

According to Binance spot data, the market has experienced significant fluctuations. LUMIA has increased by 5.26% in the last 24 hours, reaching a new high for today, while ORCA has slightly risen by 10.67% within 2 hours.At the same time, MLN, ONT, ILV, PORTAL, PARTI, KMNO, and MIRA have all shown a "high and then low" state, with declines of 5.2%, 6.05%, 5.8%, 5.2%, 6.5%, 7.67%, and 6.2%, respectively.

ChainCatcher message, Binance will launch LUMIAUSDT perpetual contract on December 18 at 19:30 (UTC+8), with a maximum leverage of 75 times.

ChainCatcher news, Lumia token (LUMIA) is now listed on Binance, with a maximum increase of 285%, currently priced at $1.82.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, Instant Exchange, and Leverage will launch Lumia (LUMIA).The LUMIA principal-protected earning product will be available on the Binance principal-protected earning platform for subscription starting from October 18, 2024, at 17:00 (UTC+8);Users can purchase LUMIA using credit/debit cards, Google Pay, or Apple Pay on the One-Click Buy page, or buy/sell LUMIA using wallet balance. LUMIA will start trading on One-Click Buy within one hour after its listing on Binance Spot.Within one hour after LUMIA is listed on Binance Spot, users can exchange LUMIA for BTC, USDT, or other tokens supported by the Instant Exchange platform, with no exchange fees.Binance cross-margin and isolated-margin leverage will add LUMIA as a borrowable asset and LUMIA/USDT cross-margin and isolated-margin trading pairs on October 18, 2024, at 19:00 (UTC+8).

ChainCatcher news, according to the official announcement, Binance will support the mainnet swap of Orion (ORN) and the brand upgrade to Lumia (LUMIA).Binance will stop trading and delist all existing ORN spot trading pairs (ORN/BTC and ORN/USDT) on October 15, 2024, at 11:00 (UTC+8), and will automatically cancel all open orders. The LUMIA/USDT spot trading will be opened on October 18, 2024, at 17:00 (UTC+8).

ChainCatcher news, the RWA Layer 2 project Lumia (formerly known as Orion) announced the completion of its real-world asset (RWA) node sale, raising $25 million in less than 20 days.The Lumia team expressed their excitement about the growing interest from major institutional investors and the community in their disruptive technology. The project team stated that more details about this round of financing will be announced soon.

ChainCatcher news, DeFi infrastructure Lumia announced a partnership with DWF Labs to promote the development of the RWA market. DWF Labs plans to support its portfolio in the RWA field by leveraging its Layer2 technology and Lumia Stream capabilities. Lumia will also act as a liquidity channel, aggregating traditional digital assets and integrating RWA tokenization platforms to provide liquidity and tradability for RWA assets.

ChainCatcher news, the RWA Layer 2 project Lumia (formerly known as Orion) has launched its supernode sale, achieving over $5 million in transaction volume in just four days. According to the official statement, the community holds an optimistic view of the project's prospects, and the first batch of node purchasers is expected to see a return on investment within the next 45 days.The total number of Lumia supernodes is 50,000. After the product upgrade, 50% of the newly added tokens will be used to reward node holders. The node sale is divided into 9 phases, with the first phase currently open, selling 10,000 nodes at a price of $1000 each, ensuring early bird users' profits. The remaining 40,000 nodes will be sold in 8 phases at a rate of 5,000 nodes per phase, with the price gradually increasing as the available nodes decrease.Lumia supernodes provide holders with various forms of income, including daily fixed rewards, earning additional income by running specific nodes, and authorizing key participants to expand income channels. Users can purchase using the code "CHAINC".It is reported that Lumia aims to provide super liquidity for real-world assets (RWA) in its role as layer 2, facilitating the seamless integration of RWA with the digital world. The predecessor project Orion has already been listed on several exchanges, including Binance and Coinbase. This year, it also successfully attracted the attention and investment of DWF Labs.Details visit link

ChainCatcher news, according to Cointelegraph, the multi-chain liquidity aggregator 1inch has added the liquidity network Lumia to its aggregation source list.It is reported that this integration was announced on March 18 and will deepen on-chain liquidity, providing better pricing for 1inch users. A key feature highlighted in the press release is that Lumia can access centralized exchanges such as Binance, OKX, and KuCoin, and this expansion of liquidity should provide DeFi users with pricing that "matches or even exceeds" that of centralized platforms.

ChainCatcher news, Azuki announced on their official Twitter that they have officially launched the community-built virtual city "Hilumia". Azuki NFT holders or community participants can now take part in the exploration, which includes high-quality toy store Slowpoke's ToyHaven, design platform Ember Square, skateboard enthusiast community Golden SkatePark, and the opinion "collection box" Garden Express.It is reported that Hilumia has not yet released an official roadmap, but the community believes that the project could be an immersive version of the Azuki Mindmap. (source link)