Tokenomics
Last updated
Last updated
The following diagram summarizes the token flows between the Protocol and its users:
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.