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 uses the effective SOL and USDC Vault asset quantity for the completed UTC day according to the current rules.
- Time basis. LUX is calculated by completed UTC day using that day's eligible Vault asset quantity.
- Price data. LUX values each settlement period with the price saved for that period. Transaction-time USD amounts on deposits or withdrawals are transaction records only and do not affect final LUX 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
| Rule | Current setting | How it affects LUX |
|---|---|---|
| Daily base | 1 LUX per $1 of eligible settlement value per UTC day | Effective asset quantity is valued with the price saved for that settlement period, then asset multipliers are applied. |
| USDC Vault multiplier | 1.0x | Eligible USDC Vault value earns base LUX at 1.0x. |
| SOL Vault multiplier | 1.2x | Eligible SOL Vault value earns base LUX at 1.2x. |
| Daily epoch | 00:00 UTC to 00:00 UTC | LUX is calculated by completed UTC day. |
| Eligible balance | Lowest eligible Vault balance during the UTC day | Deposits start counting from the next full UTC day if they remain deposited; withdrawals reduce that day's eligible balance. |
| Referral rate | 10% of invitee deposit LUX | A referrer can receive referral LUX based on valid deposit LUX generated by invited users. |
vault daily LUX = effective asset quantity x settlement price 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.