Have a search on the forum for a post of mine which gives a formula for a stabiliser which some have found preserves colours of lumen prints better than regular fixer. Not my formula, I got it from Wolfgang Moersch. I can't find it myself just now.
I epxerimented quite a lot with colour paper for lumens, but always found it rather unsatisfactory.
It is very low in Silver compared to b&w paper, so you'll never get a proper black, regardless of how long you expose it (remember that the black in a colour print is a product of dye, not silver).
Have fun anyway. You can always try shooting it in camera as a low-contrast paper negative, developing and fixing as normal.
Or shoot it in camera and then develop it as a reversal using RA4 chemicals. Photo Engineer has posted about this with examples and there are a couple of longish threads about this process somewhere.