Summary:With the official launch of the Lumoz Protocol mainnet, core options reminiscent of esMOZ and $MOZ token claims, esMOZ to $MOZ redemption, and zkVerifier License acquisition at the moment are absolutely out there to customers.
To the Lumoz Neighborhood and Customers:
Bangkok, Thailand, ninth December 2024, ZEX PR WIRE, Right this moment, we’re proud to announce the official launch of the Lumoz Protocol mainnet! It is a momentous milestone, and we prolong our heartfelt gratitude to each member of our group. With out your help, Lumoz wouldn’t have achieved its success at this time.
After greater than two years of preparation, Lumoz has achieved important breakthroughs in each expertise and market growth:
On the expertise entrance, Lumoz launched the revolutionary “one-click Layer 2 deployment” function, adopted by help for OP Stack + ZK Fraud Proof, pioneering a brand new L2 structure mannequin. We efficiently decentralized the Rollup sequencer and constantly optimized the ZK-PoW algorithm, now delivering a outstanding 50% enchancment in ZK computational effectivity. Notably, within the Lumoz ecosystem, ZKFair has decreased fuel costs by 90% by the applying of this algorithm. Lately, Lumoz RaaS additionally launched a Layer 2 resolution operating on the Transfer ecosystem, with regular progress being made on SVM designs.
These technological developments have successfully pushed market growth. Over the previous 18 months, Lumoz has efficiently operated Pre-Alpha, Alpha, and Quidditch testnets, attracting over 3 million customers and gaining help from 50+ top-tier ecosystem tasks. Lumoz has served greater than 20 L2 chains and established sturdy partnerships with UXLINK, CARV, Merlin Chain, Matr1x, Ultiverse, and ZKFair. Right this moment, Lumoz’s presence spans key Web3 markets, together with Japan, South Korea, Turkey, Russia, and Europe, positioning it for limitless progress potential.
Allow us to now discover the core options which are absolutely out there to customers following the launch of the Lumoz Protocol mainnet.
Key Highlights of the Lumoz Protocol Launch:
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esMOZ and $MOZ token claims at the moment are open
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esMOZ to MOZ redemption performance is offered
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zkVerifier License Declare is now open
esMOZ and $MOZ token claims at the moment are open
On November 5, Lumoz introduced the esMOZ airdrop question, with the airdrop representing 10% of the overall provide and valued at over $30 million. The airdrop included Lumoz node holders, early Lumoz members, customers within the Ethereum and Transfer ecosystems (reminiscent of Aptos and SUI representing L2), PoW testnet members, and customers from Lumoz ecosystem chains like Merlin Chain, ZKFair, Ultiverse, and Matr1x. Moreover, Lumoz performed airdrops to key undertaking companions and outstanding group customers, reminiscent of CARV and UXLINK.
Following the official launch of the Lumoz Protocol, the declare for esMOZ and $MOZ token airdrops is now absolutely open to customers.
Declare Portal and Information: https://docs.google.com/doc/d/12tXENONOlNM_-ETM2Q6lOdbf4EBGKBmCuoB-SPCjiqk/edit?usp=sharing
esMOZ to MOZ redemption performance is offered
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MOZ to esMOZ Conversion
MOZ might be transformed to esMOZ at any time with none restrictions. The conversion price is all the time 1:1 (100%), and there’s no unlocking interval.
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esMOZ to MOZ Conversion
Customers can convert esMOZ into MOZ. Customers with Lumoz OG NFTs can immediately convert esMOZ to MOZ at a 1:1 ratio with none lock-up interval. If Lumoz OG NFTs are usually not used, the conversion might be accomplished in response to the next guidelines:
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Shortest Conversion Interval: 30 days, with a conversion ratio of 1:0.25 (25%). The remaining 75% of esMOZ will probably be burned upon conversion.
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Medium Conversion Interval: 90 days, with a conversion ratio of 1:0.5 (50%). The remaining 50% of esMOZ will probably be burned upon conversion.
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Longest Conversion Interval: 180 days, with a conversion ratio of 1:1 (100%).
Extra Redeem Particulars:https://docs.lumoz.org/tokenomics/redemption
zkVerifier License Declare is now open
The zkVerifier node is an important element of the Lumoz community’s verification layer. Following the mainnet launch, customers will be capable of declare their node licenses to take part in sustaining and verifying the zero-knowledge computation community.
The zkVerifier License is now out there for claims. Node community registration will open within the coming days, and verification providers will quickly begin.
zkVerifier License Declare Information: https://docs.google.com/doc/d/12tXENONOlNM_-ETM2Q6lOdbf4EBGKBmCuoB-SPCjiqk/edit?usp=sharing
The Way forward for Lumoz Protocol
The launch of Lumoz Protocol marks the start of an thrilling new journey. Shifting ahead, we are going to proceed to work arduous to drive the great improve and growth of our ecosystem:
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Increasing Ecosystem Partnerships: Strengthening collaborations with high-quality tasks and L2 options reminiscent of UXLINK, CARV, and Merlin Chain, offering excellent RaaS providers to extra companions, and constructing a extra vibrant and affluent ecosystem.
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Technological Innovation and Upgrades: Constantly optimizing ZK and AI computing providers to enhance community effectivity and consumer expertise, whereas solidifying Lumoz’s place as a technological chief within the business.
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International Enlargement: Actively getting into worldwide markets, with a concentrate on key Web3 areas like South Korea and Japan, additional advancing Lumoz’s world footprint.
The launch of Lumoz Protocol has opened a model new chapter, providing the group extra alternatives for participation, progress, and success. We’re deeply grateful to each consumer who has supported and accompanied us on this journey. The way forward for Lumoz will probably be even brighter due to you!
Begin your journey with Lumoz now!
About Lumoz
Lumoz is a worldwide chief in Modular Compute Layer and RaaS (Rollup as a Service) platforms, offering highly effective computing and verification providers for zero-knowledge (ZK) and synthetic intelligence (AI) purposes throughout blockchain networks with totally different architectures.
At present, Lumoz helps many excellent merchandise throughout the ETH, BTC, SVM, TON, and MOVE ecosystems, together with CARV, UXLink, ZKFair, Merlin Chain, Matr1x, Ultiverse, DuckChain, and greater than 20 L2 chains worldwide. These providers are secured by the Lumoz Decentralized Prover Community, making certain reliability and security.
Web site: https://lumoz.org/
Twitter: https://twitter.com/LumozOrg
Discord: https://discord.com/invite/lumozorg