How Lucida Works

Six-step flow

• 1. Select a Vault. Choose either the Lucida SOL Vault or the Lucida USDC Vault.
• 2. Deposit SOL or USDC. The wallet constructs and signs a Solana transaction for the selected underlying asset.
• 3. Receive Lucida shares. Shares represent the user's proportional claim on that specific Vault.
• 4. Assets are deployed by the Vault. Lucida routes assets only through configured and validated strategy programs and accounts.
• 5. Yield accrues to the Vault. Redeemable assets may increase or decrease as strategy value changes.
• 6. Withdraw through on-chain redemption. The user burns shares and receives the corresponding SOL or USDC if the transaction succeeds.

Atomic execution

Deposit and withdrawal transactions are intended to execute atomically. If any required program validation, account check, strategy step, transfer, share update, or fee calculation fails, the transaction fails rather than partially settling.

A displayed balance or quote is not final settlement. Confirmed on-chain state is the final source of truth.