Tokenomics

The following diagram summarizes the token flows between the Protocol and its users:

Figure 1

Token Name: LUCI

Max Supply: 100,000,000

Initial Circulating Supply: 10,000,000

Token Name 2: LCI

Max Supply: TBD

Initial Circulating Supply: TBD

Token Distribution

  • Public Sale via Reg A Tier 2 Offering: 10% (10,000,000 LCI)

  • Team & Advisory Board: 15% (15,000,000 LCI - w/ 3-year vesting period)

  • Marketing: 10% (10,000,000 LCI)

  • Treasury: 33% (33,000,000 LCI)

  • Community Rewards: 17% (17,000,000 LCI)

Token Utility

  • Governance: LCI token holders can vote on proposals - is it LCI token holders as well?

  • Staking: LCI token holders can stake their tokens to earn rewards

  • Discounted Fees: LCI tokens can be used to receive discounts

  • We need to add Trading: LCI tokens can be used to issue arb trades

TVL Calculation for Lucia Protocol:

In this equation, Asset_i refers to the iˆth asset supported within the Lucia Protocol ecosystem. The term Quantity of Asset_i indicates the total volume of that particular asset (Asset_i)that is currently being lent out or utilized as collateral within the platform. Conversely, Price of Asset_i denotes the present market valuation of Asseti, expressed in USD.

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