LUX

LUX

Lucida's off-chain participation record for future eligibility review.

LUX overview

LUX is Lucida's off-chain record of user participation. It is designed to capture sustained Vault activity, referral activity, and other eligible Lucida interactions in a way that can be reviewed for future Lucida eligibility decisions.

If Lucida introduces a future distribution, access program, reward campaign, or ecosystem incentive, LUX is intended to be an important reference signal for evaluating participation. LUX is not a token, has no monetary value, is not transferable, and does not represent equity, debt, ownership, governance rights, or a claim on Lucida assets.

Future eligibility signal

LUX is meant to make Lucida participation visible and measurable over time. Users who keep eligible balances active, use supported Vaults, and generate valid referral activity build a clearer participation record than users with little or no LUX history.

LUX should be understood as a participation credential inside Lucida's records, not as a guaranteed payout. Any future use of LUX would remain subject to final Lucida rules, anti-abuse review, compliance checks, eligibility filters, and the specific terms of the relevant program.

LUX calculation

  • Eligible balance. LUX can consider eligible SOL and USDC Vault balances according to the current rules.
  • Time basis. LUX is calculated by completed UTC day using the eligible Vault balance for that day.
  • Price data. USD prices may be used for LUX calculations only and do not affect Vault settlement.
  • Refresh cadence. LUX data may update on a scheduled cadence and can lag behind on-chain state.
  • Rounding. Displayed LUX may be rounded for readability.
  • Adjustments. Lucida may adjust LUX records for abuse, errors, compliance, or security incidents.
  • Anti-abuse. Self-referral, Sybil activity, manipulation, or ineligible behavior may be excluded or reversed.

LUX points rules

RuleCurrent settingHow it affects LUX
Daily base1 LUX per $1 of eligible deposited value per UTC dayEligible balances generate daily LUX before asset multipliers.
USDC Vault multiplier1.0xEligible USDC Vault value earns base LUX at 1.0x.
SOL Vault multiplier1.2xEligible SOL Vault value earns base LUX at 1.2x.
Daily epoch00:00 UTC to 00:00 UTCLUX is calculated by completed UTC day.
Eligible balanceLowest eligible Vault balance during the UTC dayDeposits start counting from the next full UTC day if they remain deposited; withdrawals reduce that day's eligible balance.
Referral rate10% of invitee deposit LUXA referrer can receive referral LUX based on valid deposit LUX generated by invited users.
vault daily LUX = eligible USD balance x 1 LUX x asset multiplier

daily LUX = USDC Vault LUX + SOL Vault LUX + referral LUX

referral LUX = invitee deposit LUX x 10%

Referrals

Referral tracking can associate invited wallets with a referring wallet for LUX calculation. Eligibility, self-referral restrictions, Sybil restrictions, reversal rights, and final reward treatment remain subject to Lucida rules.

Referral LUX strengthens the referrer's participation record but does not by itself guarantee a token, airdrop, monetary payment, or future reward.