Eu2+‐doped phosphors have attracted the great attention of researchers in the past decade. However, Eu2+ dopant in inorganic hosts often suffers from the self‐oxidation effect, therefore causing the attenuated emission intensity and quantum efficiency. In this regard, developing Eu2+ doped phosphors with the prohibited self‐oxidation effect of Eu2+ and increased thermal stability is urgently required. Herein, an innovative cyan‐light emitting Li2CaSiO4:Eu2+/Eu3+, Lu3+ (LCSO) phosphor is designed. Both experimental results and theoretical calculations demonstrate that adding Lu3+ restricts the self‐oxidation of Eu2+ into Eu3+, thus improving the emission of Eu2+. Meanwhile, the Lu3+ introduction brings out excellent thermal stability. Finally, an efficient WLED with a color temperature (CCT) of 4573 K and a high color rendering index (Ra) of 84.2 is obtained using the as‐prepared phosphor due to the perfect compensation of the cyan light. As the introduction of Lu3+ improves the stability of Eu2+, a much greater difference in PL decay rate between Eu2+ and Eu3+ in LCSO is reached, thereby improving their sensitivity in temperature sensing. The strategy of Lu3+ introduction for prohibiting the self‐oxidation of Eu2+ for efficient and stable Eu2+ emission may stimulate some new ideas in designing high‐performance phosphors for more diverse applications.