Files
papers/lux-credit-lending/lux-credit-lending.tex
zeekay dd93cb41f7 papers: cover-consistency + build pass on Lux Tier-2/3 catalogue
Sweep across the non-Tier-1 paper catalogue (Tier-1 owned by parallel
agent and excluded). All 113 processed papers already had luxcover
wired up; this commit fixes 14 build breakers and produces fresh
PDFs across the catalogue.

Fixes:
- lux-blockchain-scaling-laws: em-dash inside lstlisting -> --
- lux-corona-pq: stale \input pointing at 03-the-corona-scheme renamed
  to 03-the-corona-scheme (file already renamed on disk)
- lux-lattice-cryptography-primer: same Corona->Corona rename
- lux-formal-verification-lean4: Lean source uses unicode (×, ∀, ∃, ∈,
  ∧, ∨, ∩, ≠, ⟨, ⟩, ·, ¬) inside lstlistings. Added a literate map
  so listings render the math glyphs without UTF-8 fault.
- lux-id-did-specification: ✓/✗ in tabular replaced with \ding{51}
  / \ding{55} (pifont). Added pifont package.
- lux-ntt-simd-implementation: middle-dot in Go assembly listings;
  added literate {·}{\textperiodcentered}.
- lux-ntt-transform: μ, ×, –, — in regular text (no T1 fontenc).
  Replaced with $\mu$/$\times$/--/--- via unicode->latex sweep.
- lux-perpetuals-derivatives, lux-quantum-consensus,
  lux-quasar-consensus, lux-tee-computing-mesh: same unicode->latex
  sweep across body text. Also fixed broken math segment
  `$L_{avg} = 10$\times$$` -> `$L_{avg} = 10\times$`.
- lux-zchain: emoji glyphs in roadmap table replaced with
  parenthetical text.
- lux-triple-proof-consensus: dropped duplicate \usepackage{geometry}
  that clashed with luxcover (geometry option clash).
- pq: defined missing \Rq macro.

PDFs rebuilt for the full Tier-2/3 set.

Excluded (Tier-1, parallel agent): lp-073-pulsar, lp-stricte2epq,
dag-evm-formal, lp-010-quasar-stm-{3,4}, lp-020-quasar-consensus,
lux-institutional-custody, lux-nist-mptc-submission, pqsafe-il5,
pq-rns, plus shared/ and lps/.
2026-05-13 01:27:59 -07:00

50 lines
2.3 KiB
TeX

\documentclass[11pt,a4paper]{article}
\usepackage{../shared/luxcover}
\usepackage[utf8]{inputenc}
\usepackage{amsmath,amssymb,amsfonts}
\usepackage{graphicx}
\usepackage{hyperref}
\usepackage{algorithm}
\usepackage{algpseudocode}
\usepackage{listings}
\input{../shared/lstlang}
\usepackage{xcolor}
\usepackage{booktabs}
\title{Lux Credit: Zero-Interest Self-Repaying Lending Protocol with 90\% LTV and Cross-Chain Collateral}
\author{
Zach Kelling\thanks{Corresponding author: [email protected]}\\
\textit{Lux Industries, Inc.}\\
\texttt{[email protected]}
}
\date{2024}
\begin{document}
\luxcoverpage
\begin{abstract}
We present Lux Credit, a decentralized lending protocol that enables zero-interest, self-repaying loans against cryptocurrency collateral. Inspired by Alchemix but significantly enhanced, Lux Credit achieves 90\% loan-to-value ratios through automated yield generation on collateral, delivering 11\% APY to LUX stakers while maintaining protocol solvency. The system supports Bitcoin, Ethereum, and multiple assets via M-Chain's MPC bridge, processes 18,400 loans with \$427M in total value locked (as of Q3 2024), and has maintained zero liquidations through conservative risk management. By combining yield aggregation, threshold cryptography, and cross-chain integration, Lux Credit demonstrates that high capital efficiency and long-term sustainability are achievable in decentralized lending. This paper details the protocol mechanics, yield optimization strategies, risk management framework, and integration with Lux's multi-chain infrastructure.
\end{abstract}
\input{sections/01-introduction}
\input{sections/02-protocol-architecture}
\input{sections/03-90-ltv-achievement}
\input{sections/04-11-apy-yield-generation}
\input{sections/05-cross-chain-collateral-via-m-chain}
\input{sections/06-risk-management-framework}
\input{sections/07-economic-model}
\input{sections/08-integration-with-lux-ecosystem}
\input{sections/09-implementation-status}
\input{sections/10-future-enhancements}
\input{sections/11-security-audits}
\input{sections/12-comparison-with-competitors}
\input{sections/13-conclusion}
\input{sections/15-appendix-a-yield-strategy-details}
\input{sections/16-appendix-b-loan-example}
\input{sections/17-appendix-c-mpc-integration-pseudocode}
\input{sections/99-acknowledgments}
\end{document}