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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.
30 lines
1.7 KiB
TeX
30 lines
1.7 KiB
TeX
\section{Comparison with Existing Systems}
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\label{sec:comparison}
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\begin{table}[H]
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\centering
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\caption{Tokenomic comparison across major blockchain platforms.}
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\label{tab:comparison}
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\begin{tabular}{p{3cm}p{2.5cm}p{2.5cm}p{2.5cm}p{2.5cm}}
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\toprule
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\textbf{Feature} & \textbf{Lux} & \textbf{Ethereum} & \textbf{Cosmos} & \textbf{Polkadot} \\
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\midrule
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Supply model & Bounded with deflation & Unbounded with EIP-1559 burn & Inflationary & Inflationary \\
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Target staking & 67\% (adaptive) & No target & 67\% (fixed) & 50\% (adaptive) \\
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Fee mechanism & Multi-tier burn & EIP-1559 & Fixed min fee & Weight-based \\
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Appchain economics & Coupled with tax & L2 independent & IBC hub model & Parachain auctions \\
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Capital efficiency & High (liquid staking) & Medium & Medium & Low (2-year lockup) \\
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Yield variance & Low & Medium & High & Medium \\
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\bottomrule
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\end{tabular}
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\end{table}
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\subsection{Key Differentiators}
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\paragraph{Versus Ethereum.} Ethereum's EIP-1559 burns 100\% of base fees but has no supply cap and relies on PoS issuance to compensate validators. Lux's adaptive burn rate (50--90\%) provides more predictable validator revenue while still achieving deflation under sufficient utilization.
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\paragraph{Versus Cosmos.} Cosmos ATOM uses a variable inflation rate (7--20\%) targeting 67\% bonded ratio. This creates perpetual dilution for non-staking holders. Lux achieves the same staking target with bounded supply through the fee-burning mechanism.
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\paragraph{Versus Polkadot.} Polkadot's parachain auction model requires locking DOT for 2-year lease periods, creating extreme capital inefficiency. Lux appchains require only validator staking (minimum 2,000 LUX) with no lockup beyond the standard unbonding period.
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