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Liquidity & TVL VEOs ​

Accessing the VEO Purchase Page ​

  1. Navigate to the VEOs section in Lucid.
  2. Locate the Liquidity VEO market you want to participate in.
  3. Click View to open the purchase page.

Understanding Liquidity VEOs ​

Liquidity VEOs are integrated with Steer Protocol and are designed to coordinate liquidity provisioning into supported LP pools.

Participants:

  1. provide liquidity into the configured LP pool
  2. receive LP tokens
  3. bond LP tokens into the VEO
  4. receive discounted governance tokens vested over time

This infrastructure is designed to:

  • deepen DEX liquidity
  • improve market depth
  • support actively managed LP infrastructure
  • coordinate long-term liquidity growth

Preparing Assets ​

Before participating:

  • ensure the required token pair is available
  • ensure assets are on the correct chain
  • prepare the required liquidity ratio

Most Liquidity VEOs require:

  • a 50/50 token allocation
  • assets on the destination chain
  • compatible LP provisioning assets

If the required assets are unavailable:

  • use Lucid’s Multi-Bridge infrastructure
  • bridge assets to the correct chain
  • swap into the required assets through a supported DEX
  • alternatively transfer assets from a centralised exchange

Depositing Into Steer Protocol ​

Before purchasing the VEO, liquidity must first be deposited into the associated Steer Protocol pool.

Steer Protocol is Lucid’s integrated automated liquidity management infrastructure for LP coordination on Uniswap V3-based systems.

Steer manages LP positions through:

  • active liquidity positioning
  • automated rebalancing
  • liquidity optimisation
  • market-aware LP coordination

Creating the LP Position ​

  1. Select the required token pair.
  2. Enter the desired liquidity amounts.
  3. Review wallet balances and token ratios.
  4. If prompted, switch to the required chain.
  5. Deposit liquidity into the Steer pool.
  6. Receive LP tokens after successful deposit.

Purchasing the VEO ​

After receiving LP tokens:

  1. Select the LP token position.
  2. Enter the amount to bond.
  3. Review:
    • governance token payout
    • discount percentage
    • vesting duration
    • vesting expiry date
    • protocol fees
  4. Click Buy Bond.
  5. Confirm the transaction in your wallet.

Once executed:

  • LP positions are bonded into the VEO
  • governance tokens are allocated for vesting
  • vesting begins according to the VEO configuration

Pricing Information ​

The purchase page displays:

  • current VEO pricing
  • current discount
  • governance token payout
  • vesting duration
  • protocol fee configuration
  • market pricing comparison

The pricing chart compares:

  • VEO price
  • market price
  • discount behaviour over time

Supported chart timeframes include:

  • 1D
  • 7D
  • All-time

Claiming Vested Tokens ​

Purchased governance tokens vest progressively according to the configured vesting schedule.

Users can:

  • monitor vesting progress
  • review claimable balances
  • claim unlocked tokens

through the My VEOs dashboard.

Additional claiming and token management flows are covered in the Claiming & Unwrapping Tokens section.