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zeekay
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Restructured from flat .tex/.pdf files into per-paper subdirectories. Added Antje Worring as co-author on all papers. Synced PDFs to pdfs/ for download site.
40 lines
1.0 KiB
TeX
40 lines
1.0 KiB
TeX
\section{Economic Model}
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\subsection{Revenue Streams}
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\textbf{Protocol Revenue Sources:}
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\begin{enumerate}
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\item \textbf{Yield Spread (60\%)}: Keep 15\% of generated yield
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\item \textbf{Origination Fees (25\%)}: 0.5\% of loan amount
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\item \textbf{Bridge Fees (10\%)}: Share of cross-chain fees
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\item \textbf{Liquidation Penalties (5\%)}: 10\% penalty (never triggered)
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\end{enumerate}
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\textbf{Historical Revenue:}
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\begin{itemize}
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\item Q1-Q3 2024: \$487k
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\item Q1-Q4 2023: \$912k
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\item Q1-Q2 2024: \$713k
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\item \textbf{Total}: \$2.1M
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\end{itemize}
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\subsection{Token Economics}
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\textbf{luxUSD Stablecoin:}
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\begin{itemize}
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\item Overcollateralized at 111\% (90\% LTV inverse)
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\item Backed by multi-asset collateral
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\item Redeemable 1:1 for underlying collateral
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\item Yield-bearing variant (yluxUSD) at 8.2\% APY
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\end{itemize}
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\textbf{LUX Token Utility:}
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\begin{itemize}
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\item Preferred collateral (highest LTV)
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\item Governance rights for protocol parameters
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\item Fee discounts (25\% reduction)
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\item Staking rewards (11\% base APY)
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\end{itemize}
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