How To Buy an OTC Allocation
Lucid supports several OTC settlement flows based on the payment asset and deal terms. In each flow, the buyer deposits the agreed quote asset, payment and allocation settle atomically, and the purchased tokens vest according to the on-chain schedule.
Before participating, confirm that the wallet, chain, payment asset, price, allocation, and vesting terms match the agreement made with the seller.
The purchase flow differs depending on whether the deal uses:
- strategic assets
- liquidity provisioning
- DeFi protocol deposits
Supported Deal Flows
Lucid currently supports the following OTC deal flows:
| Deal Type | Description |
|---|---|
| Strategic Asset Deal | Pay with strategic assets such as USDC, USDT, or ETH |
| Liquidity Deal | Pay with supported LP positions, including Steer positions |
| TVL Deal | Pay with supported protocol deposits or yield-bearing assets |
Each flow has its own asset requirements, while settlement and vesting follow the same core contract model.
Purchase Process Overview
Most OTC purchases follow the same high-level process:
- Open the selected OTC deal.
- Review:
- pricing
- discount
- vesting duration
- cliff or unlock schedule
- market capacity
- minimum ticket and per-wallet limit
- participation restrictions
- supported assets
- Prepare the required assets on the correct chain.
- Confirm that your wallet is eligible for a bilateral or allowlisted deal, where applicable.
- Approve the quote asset if required and submit the purchase transaction.
- Receive the vested token allocation as part of atomic settlement.
- Monitor vesting progress through the My Deals dashboard.
- Claim vested tokens as they unlock.
Asset Preparation
Some OTC deals require:
- specific assets
- LP tokens
- protocol receipts
- assets on specific chains
If the required assets are unavailable:
- use Lucid’s Multi-Bridge infrastructure
- bridge assets to the correct chain
- swap into the required assets through supported DEXs
- prepare the required liquidity position
Asset requirements depend on the deal structure and organisation configuration.
Vesting Mechanism
Purchased tokens are vested over time according to the immutable deal configuration.
Depending on the deal:
- vesting may follow linear release schedules
- vesting may follow fixed expiry schedules
- vesting may include a cliff or milestone-based unlocks
- claims become available progressively over time
When settlement succeeds, the quote asset routes to the configured seller or treasury address and the token allocation is committed to the buyer in the same transaction. Settled transactions are non-refundable unless the deployed contract explicitly provides otherwise.
Supported Purchase Guides
Detailed purchase flows are available for:
| Guide | Description |
|---|---|
| Strategic Asset Deals | Purchasing allocations with strategic assets |
| Liquidity Deals | Purchasing allocations with supported LP positions |
| TVL Deals | Purchasing allocations with protocol deposits |
Each guide covers:
- asset preparation
- chain requirements
- purchase execution
- pricing information
- vesting details
- claim preparation
Managing Purchased Deals
After settlement, buyers can monitor their positions through the My Deals dashboard.
The dashboard provides:
- purchased deal tracking
- vesting progress
- claimable balances
- participation history
- claim execution access
Additional token claiming and unwrapping flows are covered in the Claiming & Unwrapping Tokens section.