{"data":{"id":38840,"name":"Luxxcoin","symbol":"LUX","slug":"luxxcoin","category":"token","description":"**Luxxcoin (LUX)** is a Solana-based “MemeFi” project that combines meme culture with a rules-based, on-chain rewards program. The network uses an SPL token and operates public, fixed-length seasons called **\"Hero Rewards\"**. Each season spans 60 days and ranks participating wallets on a public leaderboard using a published scoring model; at the end of the season, LUX is distributed on-chain to the top 500 addresses in accordance with the stated rules.\n\n**Supply and issuance.** LUX has a fixed total supply of 100,000,000,000 tokens. The project states that internal allocations are governed by multi-signature wallets with long-term vesting schedules; overall program distribution to rewards is planned over multiple years.\n\n**Program cadence.** Each 60-day round includes (i) a snapshot at 12:00 UTC on the final day and (ii) distribution at 18:00 UTC the same day. The next round begins immediately after distribution. The project roadmap targets 45 rounds (~7.5 years) with an aggregate of 45,000,000,000 LUX allocated to rewards (nominally 1,000,000,000 LUX per round), subject to eligibility criteria and rule updates published by the project.\n\n**Scoring model.** The leaderboard score (“S”) is defined in the project’s documentation and combines: (1) time-weighted holdings across the round; (2) holding duration (a non-linear function of consecutive days since last reset); (3) entry efficiency (the wallet’s average acquisition cost relative to the network-wide average); and (4) a sell/transfer adjustment that reduces score when outflows dominate inflows. A separate dampening factor applies to prior winners to reduce repeat concentration while keeping them eligible. The formula, variables, and reset conditions are provided by the team for independent review.\n\n**Operations and disclosures**. Luxxcoin describes a “mechanics-first” approach: rules are disclosed in advance, contract addresses are published only through verified channels, and distributions are executed on-chain per round. The project communicates that tokens earmarked for listings or programs are segregated in multi-sig wallets. A legal memorandum has been prepared to characterize the rewards program as a rules-based competition. Users are instructed to rely on pinned posts and the official website for canonical links.\n\n**Intended use**. Within the ecosystem, LUX is the unit used for the Hero Rewards program and the asset tracked by the leaderboard. The team references potential post-TGE governance features as future work; any such features, if implemented, would be disclosed in official documentation.\n\n**Official resources**. Website, documentation, a public explanation of the scoring model, and social channels are listed on the project’s site. 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