Tokenomics

Lucent Network (LUX) Tokenomics

Tokenomics Overview

Lucent Network (LUX) inherits the economic foundation of CLV, with a total supply of 2,000,000,000 tokens. The 1 billion additional tokens originally reserved in treasury wallets have been gradually utilized to support the inflationary model and ecosystem growth. This increase has contributed to the current circulating supply of 1,224,140,929 tokens.

Type	Allocation	Tokens	Vesting Terms
Public Sale	7.50%	15,000,000	3 options: (40 days, 6-month, and 12-month lockup)
Private Sale	1.25%	2,500,000	6-month lockup / 12-month vesting
Early Backers	5.00%	10,000,000	36-month vesting (28% unlock at parachain launch, linear release over the next 23 months)
Team	5.00%	10,000,000	36-month vesting
Marketing	3.75%	7,500,000	36-month vesting (28% unlock at parachain launch, linear release over the next 23 months)
Ecosystem Incentives	10.00%	20,000,000	1-month lockup / 36-month vesting
Parachain Offering	10.00%	20,000,000	1-month lockup / 36-month vesting
Foundation	6.00%	12,000,000	36-month vesting (28% unlock at parachain launch, linear release over the next 23 months)
Contributors Grant	1.50%	3,000,000	36-month vesting (28% unlock at parachain launch, linear release over the next 23 months)
Treasury Reserves (Inflation + Ecosystem Incentives)	50.00%	100,000,000	12-month lockup

Token Release Schedule

• Coinlist Sale:

  • Round 1 was unlocked 40 days after the Token Generation Event (TGE).

  • Round 2 vesting began six months after TGE.

  • Round 3 was distributed 40 days post-TGE.

• Monthly Release Time:

  • 15th of every month: Parachain Rewards and Coinlist Round 2 vesting.

  • 16th of every month: Private Sale token release.

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Key Highlights

1. Inflationary Model Retained: The Lucent Network continues the dynamic inflationary model of CLV, which incentivizes staking and ensures sustainable network security. Tokens from treasury reserves are utilized to support inflation rewards.

2. Treasury Reserves Utilization: The additional 1 billion tokens originally reserved in treasury wallets have been gradually introduced into circulation to fulfill the requirements of the inflationary rewards program and ecosystem growth.

3. Support for Transition to SVM Ecosystem: The tokenomics framework will underpin Lucent Network’s migration to the Solana Virtual Machine (SVM), aligning with its focus on AI-powered decentralized applications.

Lucent Network Vision

Lucent Network’s tokenomics provide a robust foundation for sustainable growth while enabling seamless integration into the SVM ecosystem. By maintaining the inflationary model and leveraging the full supply, Lucent aims to empower developers, foster community engagement, and drive innovation in the decentralized AI and blockchain spaces.

Current Tokenomics Figures for Lucent Network

The updated token supply details are as follows:

• Total Circulating Supply: 1,224,140,929 tokens.

• Total Supply: 2,000,000,000 tokens.