Protein folding
1) The signal peptide is cleaved within lumen by signal
peptidase
2) BiP (a chaperonin) helps protein fold correctly.  It is a
member of the HSP70 family of heat shock proteins.
When bound to ATP it is in the open state and weakly
binds to target protein.  But with the help of HSP40
proteins it hydrolyzes ATP to ADP.  This leads to a
conformational change that causes Bip to clamp tightly
to hydorphobic regions of the protein.  This processs is
repeated over and over until protein is folded into its final
form.
3) protein is soluble inside lumen where it can be further
modified