Restaking
Last updated
Last updated
Restaking is enabled in Lumina in that staked assets generate liquid staking derivative. The asset is called as Augmented Asset. Augmented asset as a derivative can freely move across chains connected with Lumina, and this makes a cross-chain investment opportunity. With liquidity formed from multichain, augmented assets can be staked in liquidity pools, money markets, options, or trading funds.
Once you stake your native asset and redeem augmented asset, you get point to stake to relayers. Points are used to nominate relayers to deliver cross-chain messages. Relayers are rewarded with $LUM once they relay a message across chain, and the more points