The problem Lumi solves

Problems

• Payees should wait to get & spend earned money (even for recurring payments)
• Non-transparent vesting
• Grants & repeatable tasks needs step-by-step payouts
• Managements of DAO funds is complicated

Solution

Dapp that allows anyone to create, verify & withdraw stream on-chain
at any moment with

• Management & analytics for DAOs and businesses
• Allow to subscribe with stream & verify it on-chain
• Send money easily to community members for repeatable tasks

The service also integrates well with other applications in the ecosystem. We showed this with the example of IncrementFi and USDC

The potential of Lumi is a future where people can take control of their finances in a predictable and accessible way without third parties and gatekeepers

Challenges we ran into

When integrating IncrementFi it turned out that their LendingPools test contracts hadn't been updated in a long time. When we asked them about this, they responded very quickly and updated them, which is very cool!

Also, it was a surprise that IncrementFi lending doesn't have pool tokens. We manage to solve this with our wrapper

Otherwise, development on Flow has a very good DX