Lumi Vault Ecosystem
Lumi Buy — Accessing Tokenized Gold
LumiVault’s purchasing system introduces a simplified, direct interface for acquiring $LVT — the protocol’s gold-backed token. Unlike traditional decentralized finance applications that rely on volatile automated market makers (AMMs) or external liquidity pools, LumiVault removes these intermediaries and offers a price-stable acquisition channel rooted in the live global market price of gold.
To acquire $LVT, users connect their wallet to the LumiVault DApp and use supported tokens such as USDT, USDC, or ETH. The system calculates the price of $LVT dynamically using a formula that pegs each token to 0.16 grams of gold, based on LumiVault's total supply of 500 million tokens backed by 80,000 kilograms of legally verified gold reserves.
For example, if the live price of gold is $104,005.42 per kilogram, then one $LVT token is priced at $16.64. This dynamic pricing is updated in real-time and integrated directly with Chainlink or equivalent oracle infrastructure, ensuring transparency and pricing accuracy for all users.
Once a purchase is made, the appropriate amount of $LVT is minted and delivered to the user's wallet. The system guarantees that each token is backed by verifiable gold reserves and that no tokens exist beyond the proportion tied to the total underlying asset.
Buy $LVT
No min
$LVT
Gold price (PAXG oracle)
USDT/USDC/ETH accepted
Redeem $LVT
1,000 LVT
PAXG
Gold price (same oracle)
Tokens burned after redemption
Lumi Redemption - Converting Digital Gold into Gold-Backed Value
LumiVault enables token holders to redeem their $LVT holdings for gold-backed digital assets, specifically Paxos Gold (PAXG). This process allows users to exit their position and access real-world value, without relying on speculative exchanges or waiting for physical gold delivery.
Redemption becomes available to users once they accumulate at least 1,000 $LVT tokens. This threshold is designed to ensure operational efficiency and cost-effectiveness, especially when working with treasury reserves denominated in PAXG. Upon initiating a redemption, the smart contract verifies the user's balance, locks the requested amount, and permanently burns the redeemed tokens, thereby reducing circulating supply.
In return, the user receives the equivalent value in PAXG, calculated using the same real-time oracle feed that powers the purchase module. Because 1 PAXG equals 1 troy ounce of gold (approximately 31.1 grams), the system computes the gold equivalent of the redeemed LVT and transfers the matching PAXG to the user's wallet.
This redemption process maintains LumiVault’s commitment to full asset backing and transparent, auditable reserve flows. It also leverages the global liquidity and regulatory compliance of Paxos Trust Company, offering users a reliable exit route without operational complexity.
Lumi Vault Token $LVT
The LumiVault Token ($LVT) is a gold-backed Real World Asset (RWA) token, representing fractional ownership of 80 tonnes of audited gold reserves, secured in insured vaults. Each $LVT is pegged to 0.16 grams of gold, enabling investors to trade, stake, or redeem their holdings for physical gold, while benefiting from DeFi-powered yield generation and cross-chain liquidity.
Lumi Pool
Lumi Pool is a liquidity pool mechanism designed to support gold-backed asset trading and yield farming, allowing users to provide liquidity in exchange for LP rewards and staking incentives. Lumi Bridge facilitates cross-chain interoperability, enabling seamless transfers of $LVT and other tokenized assets between Ethereum Layer 2, BSC, Solana, and Polkadot, ensuring a frictionless, multi-chain trading experience.
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