Tokenomics - VeraLux (LUX)
The VeraLux (LUX) token powers a vibrant, community-driven ecosystem on the Solana blockchain. With a fixed supply of 1 billion tokens, LUX integrates a deflationary model, staking rewards, and a strategic transaction tax to promote long-term value, incentivize holding, and fund impactful initiatives.
Designed for stability, scalability, and empowerment, our tokenomics leverage Solana’s high-speed, low-cost infrastructure to deliver a transparent and sustainable framework.
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Total Supply
1,000,000,000 $LUX Tokens
Fixed with no minting capability, ensuring supply integrity and predictability.
Presale
Tokens Allocated: 250,000,000 $LUX (25%)
Price: $0.0016 per token ($0.00112 for whitleisted)
Funds Raised: $400,000
Purpose: Kickstart the ecosystem by funding liquidity and kickstarting development
Vesting: 10% unlocked at launch (250,000,000 tokens), with 10% released weekly over 10 weeks until fully distributed.
Purchase limits: Max 2,000,000 LUX per wallet; KYC required for purchases ≥ $1,000 USDT.
Initial Liquidity
Tokens Allocated: 90,000,000 LUX (9%)
Funds Paired: Paired with 360,000USDT at launch, targeting stable trading conditions.
Launch Price: Approximately $0.004 (2.5x-3.5x from presale)
Liquidity Pool: $720,000 total value (50/50 split between 90,000,000 LUX and 360,000 USDT), with 80% of the liquidity provider (LP) tokens locked for 12 months and 20% available at launch to ensure trading stability.
Deployed on a decentralized exchange (DEX) on Solana.
Treasury Reserve
Tokens Allocated: 660,000,000 LUX (66%)
Breakdown:
Staking Rewards: 198,000,000 tokens (30%) – Fuels community staking incentives.
Community Airdrops: 52,800,00 tokens (8%) – Drives adoption and rewards engagement.
Governance Reserve: 105,600,000 tokens (16%) – Supports decentralized community decision-making.
Marketing: 118,800,000 tokens (18%) – Amplifies reach and visibility.
Team Pool: 118,800,000 tokens (18%) – Supports ongoing development, vested with a 3-month cliff and 10% monthly unlocks over 12 months. (Max 10,000,000 LUX per claim)
Emergency Fund: 33,000,000 tokens (5%) – Ensures resilience.
Transparency: All treasury transactions are recorded on-chain, with real-time tracking available for public scrutiny.
Token Utility
LUX is the lifeblood of VeraLux and our ecosystem, powering a range of utilities designed to reward holders and amplify collective impact:
Staking & Governance: Stake SAVE to earn weekly rewards and gain voting rights to shape the project’s future, from tax allocations to community initiatives.
Ecosystem Growth: A 5% transaction tax funds liquidity, staking, innovation, and operational growth, ensuring every trade strengthens the ecosystem.
Deflationary Mechanism: 1% of each transaction is burned, reducing supply and enhancing value over time.
Deflationary Model
Burn Mechanism: 1% of every transaction is permanently removed from circulation, tightening the fixed 1 billion token supply.
Impact: .Ongoing burns create scarcity, counter sell pressure, and support long-term value growth.
Staking Rewards
Our staking system rewards commitment and aligns holder interests with VeraLux’s success
Tiers & Rewards:
Basic: Stake 20,000 LUX for 7 days – Receive 500 tokens weekly.
Premium: Stake 100,000 LUX for 14 days – Receive 2,500 tokens weekly.
Elite: Stake 500,000 LUX for 30 days – Receive 16,350 tokens weekly.
VeraLux: Stake 5,000,000 LUX for 30 days – Receive 125,000 LUX tokens weekly.
Reward Pool: 198,000,000 tokens (30% of treasury), distributed weekly with dynamic adjustments to ensure sustainability without inflating supply.
LP Staking: 7-day lock, daily rewards from the Liquidity Incentive Pool (6% of tax).
Governance Power: Staking boosts voting influence (e.g., Tier 3: 20 votes, ~1.995x multiplier after 90 days).
Purpose: Encourages long-term holding and unlocks governance participation.
Transaction Tax Allocation
Each trade incurs a 5% tax (adjustable 1%-10% via governance)
20% Burned: 1% of the transaction – Enhances scarcity.
20% to Treasury: 1% – Sustains staking, governance, and growth.
24% to Liquidity: 1.2% – Stabilizes trading.
6% to LP Incentives: 0.3% – Rewards liquidity providers.
20% to Charity: 1% – Funds community causes.
10% to Team: 0.5% – Supports innovation.
Progressive Tax: Transfers > 5,000,000 LUX (0.2% of supply) double the tax (e.g., 10%).
This structure ensures each transaction strengthens the VeraLux ecosystem while offering flexibility through community governance.
Protective Transaction Controls
To safeguard stability and prevent manipulation
Max Sell Limit: 5,000,000 SAVE (0.5% of supply) per transaction.
Daily Sell Limit: 5,000,000 SAVE (0.5% of supply) per wallet.
Max Transfer Limit: 5,000,000 LUX (0.5% of supply) per non-sell transfer.
Daily Transfer Limit: 5,000,000 LUX (0.5% of supply) per wallet.
Cooldowns: 1-minute between transactions; 24-hour lockout on wallet-to-wallet transfers after exceeding 1% of supply.
These controls minimize volatility and encourage sustainable trading practices.
Growth Potential
Initial Circulating: Supply 115,000,000 LUX
Breakdown:
Presale: 250,000,000 LUX allocated, with 10% (25,000,000 LUX) unlocked at launch.
Initial Liquidity: 90,000,000 LUX paired with 360,000 USDT.
Total: 25,000,000 + 90,000,000 = 115,000,000 LUX.
Initial Market Cap: Approximately $460,000
Calculation: 115,000,000 LUX × $0.004 (launch price) = $460,000.
Note: The launch price of $0.004 is derived from the liquidity pairing (360,000 USDT ÷ 90,000,000 LUX = $0.004 per LUX).
Scalability: VeraLux leverages Solana’s high-throughput, low-cost blockchain, enabling seamless support for mass adoption and high transaction volumes. Solana’s infrastructure ensures LUX can scale efficiently as the ecosystem grows.
Long-Term Vision: LUX is positioned for substantial growth through:
Continuous token burns to reduce supply and enhance value.
Staking rewards to incentivize holding and participation.
Treasury allocations (660,000,000 LUX reserve) funding marketing, governance, airdrops, community and development.
Roadmap milestones, including a custom blockchain for enhanced scalability and a decentralized social platform to boost adoption, targeting a market cap exceeding $10M.
Transparency and Security
On-Chain Tracking: All LUX allocations, transactions, and treasury movements are fully transparent and verifiable on Solana’s public blockchain, ensuring accountability at every step.
Vesting Schedules:
Presale Tokens: 250,000,000 LUX allocated, with 10% (25,000,000 LUX) unlocked at launch, followed by 10% weekly unlocks over 10 weeks (22,500,000 LUX per week).
Team Tokens: Subject to a 3-month cliff, then 10% monthly unlocks over 12 months, with a maximum claim of 20,000,000 LUX per month.
Security Features:
Multisig Controls: Critical actions (e.g., treasury withdrawals, contract pauses) require approval from 2-5 trusted owners, with a minimum threshold of 2 signatures.
Timelocks: Enforced delays enhance security:
24-hour delay for contract pauses.
48-hour delay for large withdrawals (>0.5% of total supply).
72-hour delay for whitelist updates.
Emergency Pauses: Multisig owners can pause operations in emergencies (with a 24-hour delay), restricting activity to zero-amount transfers to protect the ecosystem.
Audits: Regular third-party audits are conducted to verify contract integrity, with detailed reports publicly accessible at www.veralux.io.
Additional Protections: The system incorporates reentrancy guards, strict access controls, and rigorous input validation to prevent exploits and ensure robustness.