Frequently Asked Questions

What is Lucid, and who can use it?

Lucid is a no-code platform that simplifies multi-chain operations for decentralised organisations, including DeFi protocols, investment syndicates, DAOs and social token communities. It provides tools for governance, liquidity management, cross-chain messaging, and treasury management.

How does Lucid work?

Lucid is modular and allows users to select, configure, and deploy modules for governance, treasury, and cross-chain messaging. The platform supports multiple blockchains, including Ethereum, Arbitrum, Optimism, Polygon, Linea, Base, and Blast.

Do I need coding knowledge to use Lucid?

No, Lucid is designed to be user-friendly with an intuitive, no-code interface.

How do I set up an organisation in Lucid?

Lucid is currently in private Beta, and interested projects can apply by emailing [e-mail] or contacting @anthonybroderick on Telegram. The setup involves choosing modules, configuring them, and deploying your organisation.

Can I customise Lucid's modules?

Yes, you can configure governance, treasury, and cross-chain messaging modules to suit your needs, including assigning them to specific blockchains.

What is the Bonding Engine, and how does it work?

The Bonding Engine optimises Protocol-Owned Liquidity (POL) by offering bonds in exchange for governance tokens, enabling strategic liquidity allocation (coming soon).

How does the Multi-Bridge module work?

The Multi-Bridge module facilitates secure cross-chain messaging and asset transfers by using multiple bridges and requiring consensus for execution, minimising risks tied to single-bridge vulnerabilities.

Can I manage treasury and governance operations in Lucid?

Yes, Lucid offers modules like Safe Treasury for treasury management and tools for governance, including quadratic voting and multi-sig wallets. It also integrates with Snapshot for off-chain voting.

How do security features work in Lucid?

Lucid includes features like Timelock (which delays proposal execution) and Pre-Vote/Pre-Execution Veto modules to block harmful proposals. It also requires a minimum number of bridges (e.g., 2 out of 3) to validate a transaction or message before execution.

Is Lucid scalable?

Yes, Lucid is suitable for both small DAOs and large decentralised organisations and can scale to meet the needs of different projects. It also provides analytics and integrations for governance and treasury operations.

What sets Lucid apart from other platforms?

Lucid’s no-code, modular design and powerful integrations for multi-chain governance, liquidity, and cross-chain messaging make it unique in the industry. It simplifies complex operations with a user-friendly interface and robust security features.

Is support available for Lucid users?

Yes, Lucid offers customer support and comprehensive documentation to assist with troubleshooting and platform guidance.