Lumi Finance LUAUSD (LUAUSD) quarantined stablecoin record
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NAV token with no admissible price lane: CoinGecko has no coin page, DefiLlama returns no price, and the only venue (Arbitrum LUAUSD/2CRV Curve pool) carries ~$3.4K effective TVL with zero 24h volume. Re-source a reviewed pool or issuer NAV lane.
Effective 2026-09-24; review due 2026-11-23; GeckoTerminal Arbitrum LUAUSD/2CRV pool
Answer first
What is Lumi Finance LUAUSD (LUAUSD)?
LUAUSD is Lumi Finance's nonstandard dollar reference token on Arbitrum, tied to LUA floor-price mechanics rather than 1:1 fiat redemption. The static profile records its US Dollar-denominated NAV accounting mechanism as: Lumi's AMO (Algorithmic Market Operations) Protocol mints or redeems LUAUSD to rebalance its Curve pool toward the dollar, with the stablecoin reserve and rising LUA floor price as backing; it is not a hard 1:1 redeemable fiat stablecoin and has traded persistently below $1.
Is LUAUSD safe?
Lumi Finance LUAUSD is not in Pharos's active universe. NAV token with no admissible price lane: CoinGecko has no coin page, DefiLlama returns no price, and the only venue (Arbitrum LUAUSD/2CRV Curve pool) carries ~$3.4K effective TVL with zero 24h volume. Re-source a reviewed pool or issuer NAV lane.
Profile
LUAUSD profile facts
Lumi Finance LUAUSD (LUAUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar-denominated NAV.
AI summary / Updated Oct 19, 2026
Lumi Finance LUAUSD is a dollar-referenced token on Arbitrum tied to LUA floor-price and protocol-owned liquidity mechanics rather than 1:1 fiat redemption, so Pharos marks it as a NAV-style asset with exotic collateral. Lumi's current documentation says circulating LUAUSD can be exchanged for USDT 1:1, yet the token has traded persistently below $1.
AI summary · drafted by claude-opus-5-5 · facts as of Oct 19, 2026
- Collateral
- Over-collateralized by LUA staked at the protocol floor price, plus a diversified stablecoin reserve of USDT and USDC held as protocol-owned liquidity (including Lumi's Curve pool)
- Peg mechanism
- Lumi's AMO (Algorithmic Market Operations) Protocol mints or redeems LUAUSD to rebalance its Curve pool toward the dollar, with the stablecoin reserve and rising LUA floor price as backing; it is not a hard 1:1 redeemable fiat stablecoin and has traded persistently below $1
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Arbitrum.
Next actions
This record preserves static and historical context; live actions are available only for active assets.
Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Oct 19, 2026.
LUAUSD quick answers
What is Lumi Finance LUAUSD (LUAUSD)?
LUAUSD is Lumi Finance's nonstandard dollar reference token on Arbitrum, tied to LUA floor-price mechanics rather than 1:1 fiat redemption. The static profile records its US Dollar-denominated NAV accounting mechanism as: Lumi's AMO (Algorithmic Market Operations) Protocol mints or redeems LUAUSD to rebalance its Curve pool toward the dollar, with the stablecoin reserve and rising LUA floor price as backing; it is not a hard 1:1 redeemable fiat stablecoin and has traded persistently below $1.
Is LUAUSD safe?
Lumi Finance LUAUSD is not in Pharos's active universe. NAV token with no admissible price lane: CoinGecko has no coin page, DefiLlama returns no price, and the only venue (Arbitrum LUAUSD/2CRV Curve pool) carries ~$3.4K effective TVL with zero 24h volume. Re-source a reviewed pool or issuer NAV lane.
What backs LUAUSD?
Pharos records LUAUSD's reserves as of Jul 30, 2026 as 100% LUA floor-price collateral, protocol-owned liquidity, and stablecoin reserves. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.
Can LUAUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. LUAUSD is outside active monitoring; this static record preserves the reviewed control context.