💎 Fusion Protocol on Plasma/XPL — Official Launch
Fusion is a dual-peg money layer launched by Lume.Finance (FrogsClub) and treasury-backed by FrogsVault. We combine an XPL tracker (LUX) that mints expansion when above its peg (and performs a daily rebase), a partially-collateralized USDT0 stable (ARC), and a simple Boardroom where FUSION stakers are paid every epoch (6h).
Chain: Plasma (XPL)
Tokens: LUX (mint-based expansion when above peg; daily rebase), ARC (partial-collateral, peg 1.00 USDT0), FUSION (share)
Epoch: 6 hours
Boardroom cadence: every epoch (6h) distribute:
ARC (from buybacks funded by on-chain yield, e.g., Aave USDT0)
LUX (only when LUX ≥ 0.99 XPL, per LUX Expansion Allocation)
DEX venue: Curve (ERC-20 LPs; no NFTs) — ARC/USDT0 Stableswap, LUX/XPL Crypto, FUSION/XPL Crypto
Backed by: FrogsVault (initial liquidity + treasury runway) 🐸
🔭 Why Fusion? (What’s launching & why now)
Plasma needs two clean primitives:
a yielding USDT0 rail for payments/liquidity (ARC), and
a chain-aligned asset that tracks XPL without NFT LPs or wrappers (LUX).
Fusion delivers both, plus a Boardroom that pays out every epoch, giving holders a steady rhythm: USDT0 yield in → ARC buybacks → ARC to stakers, and when LUX ≥ 0.99 → mint LUX → LUX to stakers. One venue (Curve), fungible LPs, and a vault-anchored treasury from FrogsClub. ✨
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