zeekayandHanzo Dev
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Single source of truth for LUX tokenomics (2T fixed, deflationary) and the full Genesis NFT history: original Ethereum lux.town mint (Media/Drop/App, Zora-fork) -> 1:1 C-Chain re-mint to the same 28 holders -> 68 treasury validators completing the authorized 100. - SUPPLY.md: 2T distribution, vesting, void private sale, burn, price/FDV - NFT-COLLECTION.md: coins/validators/card/pass tiers, bonds, pricing - ethereum/, cchain/: original + migration-target contracts - migration/: ETH->today timeline + token-by-token map (generated, verified) - RECONCILIATION.md: on-chain (~1.99T DAO) vs target (1.00T); every gap + ⚠️ - data/gen_migration_map.py: verifier/generator, fails loudly on any mismatch (owner equality all 50, coin tier<->bond, validator serials exactly #1-#100) Co-authored-by: Hanzo Dev <[email protected]>
9.4 KiB
The Lux Genesis NFT Collection
The 500,000,000,000 LUX (500B) "Lux NFTs" allocation funds two things: the collectible/validator NFT collection (Coins + Validators + Pass + Card) and the card + cash-reward programs. This document is the full tier reference.
Two independent views are presented and kept distinct on purpose:
- §1 Product view — the tiers, their LUX bonds, card names, and prices (design/pricing).
- §5 Allocation view — how the 500B is actually sliced (this is the one that sums to 500B).
They do not trivially reconcile to each other; where they pull apart it is flagged ⚠️ TO CONFIRM.
1. Product view — tiers, bonds, and pricing
1a. Coins (collectibles)
Coins are pure collectibles, each backed by a permanently-bonded LUX amount. The five tiers and counts match the Ethereum Drop "Wallet" types exactly:
| Coin tier | LUX bond each | Count | Subtotal LUX | ETH Drop type |
|---|---|---|---|---|
| 10B | 10,000,000,000 | 1 | 10,000,000,000 | Wallet 10B Lux |
| 1B | 1,000,000,000 | 10 | 10,000,000,000 | Wallet 1B Lux |
| 100M | 100,000,000 | 100 | 10,000,000,000 | Wallet 100M Lux |
| 10M | 10,000,000 | 1,000 | 10,000,000,000 | Wallet 10M Lux |
| 1M | 1,000,000 | 10,000 | 10,000,000,000 | Wallet 1M Lux |
| Total | 11,111 | 50,000,000,000 |
- Token count:
1 + 10 + 100 + 1,000 + 10,000 = 11,111. ✓ - LUX: each tier contributes exactly 10B, five tiers → 50B. ✓
- This 50B is the "Coins" line in the 500B allocation (§5).
1b. Validators (a hierarchy)
Validators are staking NFTs. Each carries a LUX bond and a matching membership Card. Pricing has a "list" price, a discounted "launch" price (a one-time or per-year figure), and a scarcity ("Limited") ratio.
| Validator tier | LUX bond | Count | Card name | List | Launch (self / referred) | Basis | Limited |
|---|---|---|---|---|---|---|---|
| Genesis Validator | 1,000,000,000 | 100 | Sovereign | $1M | $50k / $25k | one-time | 1 / 1,000 |
| Validator | 100,000,000 | 1,000 | Founder | $100K | $5k / $2.5k | one-time | 1 / 10,000 |
| Mini Validator | 10,000,000 | 10,000 | Elite | $10K | $1k / $500 | per year | 1 / 100,000 |
| Nano Validator | 1,000,000 | 100,000 | Black | $1K | $500 / $250 | per year | — |
| Mobile Validator | 1,000,000 | ⚠️ TBD | — | $1K | — | — | — |
⚠️ Only the 100 Genesis Validators exist in the ETH genesis collection. The Ethereum Drop authorized 100 Genesis Validators and nothing below them. The Validator / Mini / Nano / Mobile hierarchy is tokenomics-designed but not issued — it is not part of the migrated genesis collection and has no on-chain tokens yet. Counts/prices above are the design spec.
⚠️ TO CONFIRM: the Mobile Validator count is unspecified; and the mixed pricing basis (Genesis/Validator "one-time" vs Mini/Nano "per year") should be confirmed as intended.
Note the naming collision to keep straight: "Validator" is both (a) a validator tier (100M bond) and (b) the on-chain contract's name for a Coin at the 100M tier ("VALIDATOR COIN"). See cchain/GENESIS-NFTS.md.
1c. Pass (LUX)
| Item | Count | Bond |
|---|---|---|
| Pass (LUX) | ⚠️ 100,000 | ⚠️ TO CONFIRM |
A membership pass. ⚠️ TO CONFIRM: the LUX bond per Pass is not in the source data. Count is owner-stated at 100,000.
1d. ATM / Card
| Item | Authorized | Minted (ETH) | Price each | LUX each | Subtotal |
|---|---|---|---|---|---|
| ATM / Card | 1,000 | 0 | ~$20,000 | 200,000,000 | 200,000,000,000 |
The ATM type in the Ethereum Drop is the membership "Card." Owner-stated
pricing: ~$20,000 each, which at the $0.0001 genesis price equals
200,000,000 LUX each → 1,000 × 200M = 200B LUX.
⚠️ TO CONFIRM: the $20,000 / 200M-LUX peg is owner-stated. It does, however, reconcile cleanly with the sheet's "Credit Card = 200B" slice (§5) — a supporting signal, but the peg itself and its relationship to the Card tiers above (Sovereign / Founder / Elite / Black) should be confirmed.
2. Authorized supply (Ethereum Drop "Gen 0")
Live snapshot of the Ethereum Drop contract
0x941E3B4fC883B1746E52814EB8574b85E6Fa4E66
(data/eth-authorized-supply.json):
| Drop token type | Authorized | Minted | Unminted |
|---|---|---|---|
| Validator (Genesis Validator, 1B bond) | 100 | 32 | 68 |
| Wallet 10B Lux | 1 | 0 | 1 |
| Wallet 1B Lux | 10 | 2 | 8 |
| Wallet 100M Lux | 100 | 5 | 95 |
| Wallet 10M Lux | 1,000 | 8 | 992 |
| Wallet 1M Lux | 10,000 | 3 | 9,997 |
| ATM (Card) | 1,000 | 0 | 1,000 |
| Total | 12,211 | 50 | 12,161 |
- 50 of 12,211 authorized were ever minted on Ethereum (0.41%).
- The 68 unminted Validators were later completed on C-Chain to the DAO treasury (see migration/MAPPING.md); after that, 12,093 authorized-but-unminted remain (11,093 Coins + 1,000 ATM/Card).
Authorized LUX bonds
| Family | Authorized count | LUX bond total |
|---|---|---|
| Genesis Validators (100 × 1B) | 100 | 100,000,000,000 |
| Coins (11,111, see §1a) | 11,111 | 50,000,000,000 |
| ATM / Card (1,000 × 200M) | 1,000 | 200,000,000,000 |
| Subtotal | 12,211 | 350,000,000,000 |
This 350B is the sum of the product-view bonds for the genesis collection's three on-chain families. It is not the same as the 500B allocation — the 500B additionally funds Cash Rewards (238.889B) and the Pass, and its "Validators + Pass" line budgets far less than the 100B of Genesis-Validator bonds. The relationship between "authorized bonds" and the "sheet allocation" is the central open reconciliation — see §6.
3. Coins — denomination detail (what actually minted)
Of the 11,111 authorized coins, 18 minted (all on Ethereum, then migrated 1:1 to C-Chain). Denomination histogram (identical on both chains — verified):
| Coin tier | LUX bond | Authorized | Minted | C-Chain name |
|---|---|---|---|---|
| 10B | 10,000,000,000 | 1 | 0 | (no contract tier yet — see gap) |
| 1B (GENESIS) | 1,000,000,000 | 10 | 2 | GENESIS COIN |
| 100M (VALIDATOR) | 100,000,000 | 100 | 5 | VALIDATOR COIN |
| 10M (MINI) | 10,000,000 | 1,000 | 8 | MINI COIN |
| 1M (NANO) | 1,000,000 | 10,000 | 3 | NANO COIN |
| Total | 11,111 | 18 |
Minted-coin bond total: 2×1B + 5×100M + 8×10M + 3×1M =
2,000,000,000 + 500,000,000 + 80,000,000 + 3,000,000 = 2,583,000,000 LUX.
4. Validators — status
| Count | Bond each | Bond total | |
|---|---|---|---|
| Genesis Validators authorized | 100 | 1,000,000,000 | 100,000,000,000 |
| — minted to original holders (ETH → C-Chain) | 32 | 32,000,000,000 | |
| — completed to DAO treasury (2026-07-09) | 68 | 68,000,000,000 | |
| On-chain today | 100 | 100,000,000,000 |
The Genesis Validator tier is 100/100 complete on C-Chain. Bonds are permanent (never unlockable); staking rewards flow to the current holder; the NFT is transferable and future rewards follow the token. See cchain/GENESIS-NFTS.md.
5. 500B allocation view (the sheet reconciliation)
The tokenomics sheet slices the 500B "Lux NFTs" bucket four ways. This is the view that sums to exactly 500B:
| Slice | LUX | Note |
|---|---|---|
| Coins | 50,000,000,000 | = §1a exactly (11,111 coins) |
| Validators + Pass | 11,111,000,000 | combined; internal split ⚠️ |
| Credit Card | 200,000,000,000 | = 1,000 × 200M (reconciles with §1d) |
| Cash Rewards | 238,889,000,000 | customer cash-back program |
| Total | 500,000,000,000 | ✓ |
Arithmetic: 50,000,000,000 + 11,111,000,000 + 200,000,000,000 + 238,889,000,000 = 500,000,000,000. ✓
The owner's summarized reconciliation groups these as:
- Coins + Validators + Pass = 61,111,000,000 LUX (
50B + 11.111B), and - Credit Card + Cash Rewards = 438,889,000,000 LUX (
200B + 238.889B), - summing to 500,000,000,000 LUX. ✓
The bulk of the 500B funds the card + cash-reward programs (438.889B), not the collectible bonds. The genesis-collection collectible slice (Coins + Validators + Pass) is only 61.111B.
6. Open reconciliations
| # | Item | Status |
|---|---|---|
| 1 | Validators + Pass = 11.111B — how it splits between the 100 Genesis Validators and 100,000 Pass | ⚠️ TO CONFIRM (not determinable from data) |
| 2 | Genesis-Validator bonds = 100 × 1B = 100B on-chain, yet the sheet budgets only 11.111B to "Validators + Pass" | ⚠️ UNRECONCILED — the on-chain permanent bond vs the sheet's cash allocation are different quantities; owner to confirm intended relationship |
| 3 | Pass bond per unit | ⚠️ TO CONFIRM |
| 4 | ATM/Card = $20k → 200M LUX peg | ⚠️ owner-stated; reconciles to the 200B "Credit Card" slice |
| 5 | Mobile Validator count; mixed one-time/per-year pricing basis | ⚠️ TO CONFIRM |
| 6 | 10B Coin tier + Card bond not representable in current contract | contract extension needed — see cchain/GENESIS-NFTS.md |
See RECONCILIATION.md for the full current-vs-target gap report.