Lumia Proposes LGP-01 to Buy Back HyperNode Rewards and Establish Growth Fund

The Lumia community has initiated a vote on the LGP-01 proposal, which suggests that the Lumia Foundation treasury buy back all remaining HyperNode rewards for the next 18 years at a fixed price of 0.09 USDT per LUMIA. This price represents a premium of over 10% compared to the 30-day volume-weighted average price. Upon completion, the original node reward program will be terminated, and the repurchased LUMIA tokens will be transferred to the newly established Lumia Foundation Growth Initiative (LFGI) to support RWA infrastructure, sovereign blockchain partnerships, and ecosystem expansion. The proposal does not involve new token issuance. If approved, the claim window will open within 30 days for a 90-day period, with settlements in USDT on Ethereum, potentially requiring KYC via embarkAI. Voting is open to LUMIAp holders until October 2, 2026, at 16:00 UTC.