
Lumi Finance
Lumi Finance is an Arbitrum protocol that runs an algorithmic LUA token and LUAUSD stablecoin backed by stablecoin reserves with a dynamic floor price.

What is Lumi Finance?
Lumi Finance is an algorithmic-asset protocol on Arbitrum tied to the Lumiterra gaming ecosystem, where users buy and sell the LUA token through an AMM that mints and burns supply based on demand. Stablecoins paid in are held in the protocol's reserve to defend a floor price that ratchets up as demand grows, and the system also issues the LUAUSD stablecoin that bridges between Arbitrum One and a dedicated Lumi L3 app chain.
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