mirror of
https://github.com/lux-apps/papers.git
synced 2026-11-03 05:07:46 +00:00
zeekay
f4ee7a0525
Bylines, paper authorship, correspondence addresses and the founder blurb under each post named an individual. They name the organisation that published the work instead: the brand on posts and pages, the research byline on papers, and research@ in place of a personal address. Both are what these repositories already used elsewhere — nothing new was coined. Co-authors are untouched. Where a paper named someone else alongside, they stay named; only the one byline changed. Bibliography entries, running heads, PDF metadata and affiliations move with it, so a citation still resolves to whoever the cited paper names. Sample and fixture data uses the placeholder name these tests already use elsewhere, so no assertion changed meaning.
81 lines
3.1 KiB
TeX
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{
|
|
Lux Research\thanks{Corresponding author: [email protected]}\\
|
|
\textit{Lux Industries Inc}\\
|
|
\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}
|