Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Lumerin (LMR) will be available on KuCoin. Supported trading pairs are LMR/USDT and LMR/BTC.
Please take note of the following schedule:
Tags: DeFi, P2P, Platform
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
1,000,000,000 LMR | - | 2022-03-29 | - |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
52,303,430 LMR | - | $0.35 | - |
*key metric numbers are calculated as of March 25 2022.
Lumerin is a routing protocol that makes it simple and easy to control how, when, and why data and communications are routed via smart contracts. This allows for digital processes and assets delivered via TCP/IP connections to maximize P2P access across any number of multiple delivery channels. Our first use case is turning Bitcoin hashpower into a commodity, creating a decentralized hashpower marketplace. This gives miners greater access to larger markets for their hashpower and allows others to invest in hashpower at reduced risk. We convert Bitcoin hashrate into a marketable, liquid financial commodity, increasing mining profitability and capital availability.
Official Website: https://lumerin.io/
Whitepaper: Click to view
Watch YouTube video for a deep dive of Lumerin Protocol (LMR): https://www.youtube.com/watch?v=E9PZzpE7kHw
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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