🏭SubDAO Model
Our Incubator SubDAO model signifies a groundbreaking initiative by Lucax Protocol to incubate new protocols that fortify veTokenomics-based protocols within the sprawling DeFi ecosystem. This initiative involves the birth of SubDAOs — sub-decentralized autonomous organizations — each crafted with a bespoke purpose and function that harmonizes with the parent protocol. The cornerstone of the SubDAO model is a symbiotic alliance between $LUCAX and the protocols it supports, fostering an environment where both entities thrive and collectively contribute to the larger growth of the DeFi landscape. The Lucax treasury is entitled to 20% of the total token supply from each SubDAO following a 2-year vesting period; this approach provides governance benefits and a new source of income for LUCAX holders & NFTs (MxLUCAX).
Benefits of Incubator SubDAO for holders
Low FDV SubDAO IDO Access: Staked LUCAX & NFTs (MxLUCAX) holders can secure allocations for the Initial DEX Offerings (IDO) of our SubDAOs tokens, thus facilitating easier access to these new tokens at a competitive price.
Revenue Sharing from SubDAOs: MxLUCAX holders are entitled to a share of the revenue generated by the SubDAOs, providing them with a new stream of passive income.
SubDAOs Voting Power: MxLUCAX holders are granted voting rights within the SubDAOs, empowering them to directly influence decisions and drive the direction of the SubDAOs.
LUCAX Protocol the Future
Moving forward, Lucax is primed to weave more protocols into its fabric, paving the way for a cascade of SubDAOs. Each SubDAO, meticulously curated and birthed under Lucax.Protocol’s visionary umbrella, will play a unique role within the DeFi ecosystem, supplementing and harmonizing with their respective protocols. As these SubDAOs flourish, they will infuse substantial value into $LUCAX. This cultivation of symbiotic partnerships enables Lucax.Protocol to continuously reinforce and diversify its position within the DeFi ecosystem, consolidating its reputation as an ever-evolving powerhouse in the decentralized finance sphere.
Last updated