πŸ’ŽLumeFi: Radiating Stability & Innovation on Cronos

πŸš€ Official Launch Announcement by FrogsClub

We're thrilled to announce the official launch of LumeFi, a next-generation DeFi protocol on the Cronos network, powered by FrogsClub. LumeFi combines AI-driven governance, elastic supply tokenomics, and robust CRO-backed FrogsClub Vault management to create a sustainable and rewarding DeFi ecosystem.

πŸ€– AI Governance & Transparency

LumeFi’s AI-driven governance provides transparent bi-weekly updates on:

  • NOVA reward rate adjustments.

  • Maximum LUME expansion rates.

  • FrogsClub Vault management decisions.

  • Community governance oversight ensures optimal outcomes.

🐸 Revenue Sharing for FrogsClub (FROG holders)

LumeFi is proudly supported by FrogsClub. Revenue generated and accumulated in the FrogsClub Vault from LumeFi’s operations will be shared passively with FROG holders, rewarding the FrogsClub community for their continued support and participation.

How Revenue is Shared:

  • Profits from FrogsClub Vault growth and protocol operations distributed periodically.

  • Distribution mechanics and schedules will be transparently communicated and governed by FrogsClub DAO.

πŸ“… Launch Timeline & Key Milestones

Event
Date & Time (UTC)
Duration

Genesis Pool (LUME)

March 23, 2025, 12:00 PM

15 days

NOVA Farming Pool

March 27, 2025, 12:00 PM

Ongoing

Boardroom Launch

March 29, 2025, 10:00 AM

Ongoing

πŸš€ Upcoming Enhancements

Based on expert feedback, upcoming enhancements include:

  • lfUSD Stablecoin (USDC-Pegged): Introducing diversified stability and rewards.

  • Diversified Collateral: Adding USDC and ETH for enhanced risk management.

  • Extended Reward Expiry & Notifications: Improved claim windows and automated notifications.

  • Educational & Community Engagement: Tutorials, FAQs, AMAs, and loyalty incentives.

🌟 Why LumeFi Stands Apart

  • Real CRO-backed FrogsClub Vault: Robust collateral backing LUME’s peg.

  • Elastic Supply: Daily rebases minimize volatility.

  • AI-Governed Transparency: Clear bi-weekly governance communications.

  • Unique Claim & Loyalty Structures: Innovative incentives for long-term participants.

  • Revenue Sharing to FROG Holders: Direct value return to FrogsClub community members.

πŸ—ΊοΈ Roadmap & Future Vision

Our vision includes:

  • lfUSD Stablecoin (USDC pegged)

  • Multi-asset collateral integration

  • Cross-chain interoperability

  • Expanded community education and governance tools

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