As you may already know, LumenX is a project that’s gone through important hurdles in the beginning. We, the community, rescued it and now are trying to pull it forward and make the project a reality. This is not the first time a community takes control of a betrayed project, but it is just a proof of the miracles of decentralization.
In order to keep it alive, valueable and build a growing community, we are now trying to incentivize trade within a nascent LumenDex ecosystem. Light, a newly mined token with a fixed 1M supply, is being used for this aim. Before creating a lumen/light pool in Frontier Osmosis and incentivize it, we are airdropping up to 100k light (10 percent) which are being allocated to lumen current stakers.
For the airdrop to take place, delegators need to delegate or autostake at least 100000 lumens to receive 10 light assets (juno and osmosis addresses are valid to store the tokens).
The airdrop will take place within the next fixed terms:
Minimum staked amount _______________________ 100000 lumen
Snapshot date and time ________________________ April 15, saturday 2023 18:00 GMT
Participants will have to give a proof of their staked tokens in Telegram or Discord
Participant will give out their osmo address in order to transfer the airdropped light tokens
In parallel with this airdrop, an offer is open for new DeSo followers with these conditions:
Followers will receive 1000 lumen just for joining our DeSo account
Purchasing the creator coin will give 2000 additional lumen
Giving out $DESO will be rewarded within the fixed correspondance 0.1 $DESO= 5000 lumens
Once these steps are fulfilled, we will continue developing the network by incentivizing the forecoming lumen/light pool, upgrading the SDK and expanding the community. A website is on the horizon, too. So it is open to any web developer to create it.