Lumia (ORN) Joins MANTRA to Supercharge RWA Innovation!

MANTRA
2 min readMar 21, 2024

--

We are excited to announce that Lumia (ORN) has joined MANTRA to bring greater liquidity to decentralized applications (dApps) building on MANTRA Chain. This collaboration marks a significant step forward in our mission to empower innovation and builders in the Real World Asset (RWA) space and bring the world’s financial ecosystem onchain.

Lumia serves as a central hub for liquidity in the crypto space. Through this partnership, dApps on the MANTRA Chain can effortlessly access this multichain liquidity, enhancing capital efficiency while reducing the necessity for large capital deposits in smart contracts.

Empowering the Projects Building on MANTRA Chain

Lumia is continuously forging new paths to aggregate real world assets and data into its comprehensive liquidity layer. This initiative is designed to provide immediate liquidity to RWA projects from a diverse range of sources, including centralized exchanges like Binance, OKX, and Kucoin, as well as decentralized platforms such as Uniswap, and dApps being built on MANTRA Chain.

MANTRA’s security-first Layer 1 blockchain is designed to empower developers and institutions to seamlessly participate in the evolving RWA tokenization space. With advanced modules, compliance mechanisms, interoperability through IBC protocol, CometBFT for Networking and Consensus, and more, MANTRA sets a perfect stage for advanced and regulatory-compliant innovation. In this environment, Lumia’s offerings are perfectly aligned, enhancing our collective goal to boost innovation in the RWA space with access to greater liquidity through multiple sources.

A Unified Vision for RWA

MANTRA Chain, built on the Cosmos SDK, offers various key components of the Cosmos ecosystem — modularity, customization, and interoperability. The MANTRA Architecture features a Compliance & Guard module, ensuring a secure environment for RWA innovation. The Compliance module provides thorough KYC/KYB and AML checks. Meanwhile, the Guard module facilitates identity verification across dApps within the Inter-Blockchain Communication (IBC) framework using passportable Decentralized Identifiers (DIDs) that can be shared across platforms.

MANTRA’s focus on security complements Lumia’s unique approach to unify and streamline liquidity processes. This synergy is set to support builders and dApps on MANTRA, enabling seamless transition of RWAs onto the blockchain, overcoming traditional liquidity sourcing challenges.

About Lumia

Lumia (ORN) is the liquidity layer of Web3 empowering Defi with the ability to easily harness the most capital efficient liquidity, providing builders and their users with access to centralized exchange (CEX) prices in a decentralized manner.

About MANTRA

MANTRA is a Security-first RWA Layer 1 Blockchain, building a secure and sustainable space for seamless RWA tokenization with stringent adherence to global regulatory-compliant frameworks. Built for Institutions and Developers, MANTRA offers a Permissionless Blockchain for Permissioned applications.

Connect with us and be part of our journey.

Website | Twitter | Discord | Telegram

--

--

MANTRA

Unlocking the $16 Trillion RWA economy with a regulation-ready blockchain. www.mantrachain.io