Files
papers/lux-economics/lux-economics.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

81 lines
3.1 KiB
TeX

\documentclass[11pt]{article}
\usepackage{../shared/luxcover}
\usepackage{amsmath,amssymb,amsthm}
\usepackage{mathtools}
\usepackage{bm}
\usepackage{graphicx}
\usepackage{booktabs}
\usepackage{hyperref}
\usepackage{enumitem}
\usepackage{algorithm}
\usepackage{algpseudocode}
\usepackage{xcolor}
\usepackage{array}
\usepackage{multirow}
\usepackage{float}
\usepackage{siunitx}
\hypersetup{colorlinks=true,linkcolor=black,citecolor=blue,urlcolor=blue}
\newtheorem{theorem}{Theorem}
\newtheorem{lemma}[theorem]{Lemma}
\newtheorem{proposition}[theorem]{Proposition}
\newtheorem{corollary}[theorem]{Corollary}
\newtheorem{definition}{Definition}
\newtheorem{remark}{Remark}
\title{\textbf{Appchain Economics: Incentive Design for Application-Specific Chains}\\
\large A Comprehensive Economic Framework for Appchain Creation, Validation, Fee Sharing,
and Token Bootstrapping on Lux Network}
\author{
Zach Kelling\thanks{Corresponding author: [email protected]}\\
\textit{Lux Partners Limited Limited}\\
\texttt{[email protected]}
}
\date{2023}
\begin{document}
\luxcoverpage
\begin{abstract}
Application-specific blockchains (\emph{appchains}) are a defining architectural primitive of
the Lux Network, enabling independent consensus, custom virtual machines, and bespoke
economic rules for each application domain. Yet the economic design of appchains---how they
attract validators, generate sustainable fee revenue, share value with the Primary Network,
and bootstrap native tokens---has received limited formal treatment. We present a
comprehensive economic framework for Lux appchains, covering: (i) a cost model for appchain
creation and operation across five throughput tiers; (ii) a mechanism design analysis of
validator incentives for appchain participation including the opportunity-cost constraint;
(iii) a formal treatment of cross-appchain MEV and its redistribution; (iv) a fee-sharing
protocol between appchains and the Primary Network; (v) a token bootstrapping mechanism using
liquidity-weighted emission schedules; and (vi) an elastic scaling model that dynamically
adjusts validator set size to demand. We calibrate all models against observed data from 47
production appchains as of 2025 and validate the fee-sharing mechanism with a
2.5-year retrospective analysis. Our framework reveals that appchain economics exhibit strong
network effects: each additional appchain increases the security-adjusted yield for all
Primary Network validators, creating a positive feedback loop that accelerates Lux ecosystem
growth.
\end{abstract}
\tableofcontents
\newpage
%%==========================================================================
\input{sections/01-introduction}
\input{sections/02-background}
\input{sections/03-appchain-cost-model}
\input{sections/04-validator-incentive-mechanism}
\input{sections/05-cross-appchain-mev}
\input{sections/06-fee-sharing-protocol}
\input{sections/07-appchain-token-bootstrapping}
\input{sections/08-elastic-appchain-scaling}
\input{sections/09-network-effects-and-ecosystem-dynamics}
\input{sections/10-implementation-considerations}
\input{sections/11-security-analysis}
\input{sections/99-conclusion}
\end{document}