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Major Supply Burn Announcement: 90% of $LUMOS Supply to Be Burned on Aug 15
We’re making a massive move — and it’s all part of Lumos Core’s bigger vision.
On August 15, we will be burning 90% of the total $LUMOS supply. That’s right — the supply will drop from 10 billion to just 1 billion $LUMOS.
This is not just a token burn. It’s a strategic shift toward a more sustainable, efficient, and growth-ready tokenomics model — and here’s why it matters.
Why We’re Burning 90% of $LUMOS Supply
Lumos Core is rapidly expanding — and with our upcoming multichain launch (including XRP, HBAR, and others), we need tokenomics that reflect our long-term infrastructure goals.
The previous 10B supply made sense at launch, but as we’ve evolved into a multichain Web3 infrastructure platform, it’s time to adapt.
Here’s What the Burn Achieves:
• Supports our multichain strategy with more efficient token distribution
• Encourages better utility of $LUMOS in governance, rewards, and liquidity
• Boosts scarcity — $LUMOS just became rarer and more valuable
This is about aligning our token model with real-world utility, growth, and long-term sustainability.
What This Means for Existing Holders
Good news — your tokens are not affected.
The burn will not touch tokens held by existing holders. What this means for you:
• Increased scarcity = potential value boost
• A stronger, more efficient Lumos Core ecosystem
• Tokenomics that are designed for real, scalable growth
This is a major milestone that sets us up for success as we scale across multiple blockchains.
The New $LUMOS Tokenomics Breakdown
After the burn, here’s how the 1 billion $LUMOS will be allocated:
• Market Supply: 350,000,000 (35%)
• Team: 200,000,000 (20%)
• Partnerships: 150,000,000 (15%)
• Ecosystem Growth: 100,000,000 (10%)
• Cross-Chain Swap Reserve: 50,000,000 (5%)
• Liquidity Pools with Native Mints: 50,000,000 (5%)
• Airdrops: 50,000,000 (5%)
• Marketing & Promo: 50,000,000 (5%)
Total Supply: 1,000,000,000 $LUMOS
Final Thoughts
This burn is more than just a supply cut — it’s a commitment to building a leaner, stronger, and more utility-driven Lumos Core ecosystem.
As we go multichain and expand our tools — from Launchpads to AMMs, DAOs, NFT Marketplace, and beyond — $LUMOS will remain the backbone of it all.
Aug 15 is just the beginning. Let’s build the future of Web3 together.
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