- Binance’s Earn promotion offers LUMIA staking rewards up to 19.9% APR.
- Lumia’s blockchain connects RWAs with deep liquidity and DeFi capabilities.
Lumia, the largest blockchain for real-world assets (RWAs), has announced an interesting collaboration with Binance, which will launch an Earn campaign for LUMIA token holders. The campaign, which begins October 24, 2024, allows users to make deposits for LUMIA tokens and earn up to 19.9% APR via Binance’s Simple Earn program. The campaign will run until March 21, 2025, and members will have an appealing opportunity to improve their income.
The Binance Earn program offers LUMIA holders variable APR rates dependent on their staking terms. The program starts at 6.9% APR for 30 days, then 8% for 60 days, and finally a maximum of 19.9% APR for 90 days of staking. Participants can deposit between 0.1 and 25,000 LUMIA tokens, providing flexibility for both new and seasoned investors.
LUMIA Staking Rewards on Binance
Binance’s Simple Earn program rewards users by allowing them for placing bets on LUMIA tokens and receive rewards in the same token. This campaign offers token holders an appealing opportunity to raise their LUMIA assets while simultaneously participating in the token’s bigger features on the Lumia Chain, such as governance and tokenization of real-world assets.
Lumia’s blockchain technology includes RWAs into decentralized finance (DeFi) with two key components that are Lumia Chain and Lumia Stream. While Lumia Chain focuses on governance and node rewards, Lumia Stream offers liquidity for traditionally illiquid assets such as real estate, art, and commodities, offering users with new opportunities to interact with real-world assets.
Mehmet, a prominent contributor to Lumia, highlighted the relevance of the Earn campaign, saying that it will promote awareness of Lumia’s blockchain use cases and motivate both new and current users to investigate the token’s possibilities. The campaign builds on Binance’s continued support for Lumia, which culminated in a successful LUMIA token swap event targeted at increasing adoption among Web3 users.
This relationship is essential in the blockchain space because the Binance Earn campaign bridges the gap between cryptocurrency and real-world goods. Binance and Lumia offer crypto users a simple way to earn and participate in RWAs by offering tempting APR rewards, demonstrating the growing link between decentralized finance and real-world investments.
As Binance users begin to stake LUMIA tokens, the effort rewards holders while also confirming Lumia’s goal of unlocking the value of tokenized real-world assets in DeFi.
