The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Luma Protocol Officially Launches, Redefining the DeFi 3.0 Paradigm

-- On September 20, 2025, Luma Protocol announced its official launch, marking a historic milestone for decentralized finance. At 12:00 (UTC+8), Luma opened its pre-sale, followed by the release of the first mining rewards at 24:00 (UTC+8) on the same day. This launch represents not just the birth of a new protocol, but the arrival of the world’s first DeFi 3.0 system anchored in Hash Power.

The Evolution of DeFi and a New Starting Point

DeFi 1.0 pioneered the era of liquidity rental but fell victim to the unsustainable “farm-and-dump” cycle. DeFi 2.0 experimented with protocol-owned liquidity, yet without real-world anchors, it slipped into financial abstraction.

The market now demands a paradigm that restores intrinsic value while ensuring long-term sustainability. This is the foundation upon which DeFi 3.0 has emerged.

Luma Protocol answers this call by anchoring its value in Hash Power—the essential production resource of the digital and AI-driven economy—infusing decentralized finance with a robust and enduring base layer of value.

Luma’s Strategic Positioning

Jointly incubated by PopChain and Nivex, Luma leverages PopChain’s global user base and decentralized identity infrastructure, alongside Nivex’s compliance-ready liquidity and trading network. Together, they create a complete ecosystem loop that integrates capital, Hash Power, and applications.

This structure breaks past the limitations of traditional DeFi, elevating Hash Power into a financialized, tradeable, and verifiable asset—becoming a key force driving the convergence of Web3 and AI.

The Launch as a Turning Point

From the opening of the pre-sale to the first wave of mining rewards, Luma’s debut signals more than just a technical launch—it marks the official beginning of a new financial paradigm.

It transitions decentralized finance away from unsustainable token subsidies, toward a model grounded in real-world production value. It transforms global participation from speculative games into a shared distribution of Hash Power rewards.

Looking Ahead

With its official launch, Luma Protocol has ignited the era of DeFi 3.0. In the future, it aims to accelerate the tokenization of Hash Power, becoming the world’s most influential DeFi infrastructure and unlocking the next golden age of digital finance.

This is not only a breakthrough for Web3, but also a profound restructuring of the value foundations of the entire digital economy.

Contact Info:
Name: Sonya Song
Email: Send Email
Organization: Luma Technology Pte. Ltd.
Website: https://dapp.lumaprotocol.io

Release ID: 89170640

In case of encountering any inaccuracies, problems, or queries arising from the content shared in this press release that necessitate action, or if you require assistance with a press release takedown, we urge you to notify us at error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be readily available to promptly address your concerns within 8 hours, resolving any identified issues diligently or guiding you through the necessary steps for removal. The provision of accurate and dependable information is our primary focus.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.