VEO Purchase Flow
Each type of VEO—Strategic Asset, Liquidity, and TVL—follows the same core bonding and vesting model, but differs slightly in the purchase flow based on the asset requirements and integration points.
To ensure clarity and accuracy, Lucid provides separate step-by-step guides for each VEO type. These dedicated pages walk users through the specific actions needed to participate, whether that involves bonding stablecoins, LP tokens, or DeFi protocol receipts.
How to purchase?
VEO Types Explained
Lucid supports multiple VEO formats, each designed to help protocols attract and retain long-term liquidity — all in exchange for discounted governance tokens that are vested over time:
Strategic Asset VEOs: These VEOs accept blue-chip assets like USDC, USDT, or ETH. Participants bond these strategic assets directly, and in return receive the protocol’s governance tokens at a discount. Ideal for projects looking to build a reserve of stable or high-value assets. (e.g USDC, USDT or ETH)
Liquidity VEOs: Integrated with Steer Protocol, these VEOs direct liquidity into actively managed LP positions. Users deposit token pairs to receive LP tokens, which are then bonded in exchange for discounted governance tokens. (e.g. achieving deep liquidity inside of LP pools in DEXs.)
TVL VEOs: Designed to drive capital into on-chain DeFi contracts, such as lending markets or vaults. Users deposit funds into the protocol (e.g. aUSDC from Aave.), and in return, receive discounted governance tokens.
Regardless of type, the outcome is the same: participants contribute capital or liquidity, and in exchange, receive discounted governance tokens.
Last updated