Frequently Asked Questions
Last updated
Last updated
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.
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.
No, Lucid is designed to be user-friendly with an intuitive, no-code interface.
Lucid is currently in private Beta, and interested projects can apply by emailing hello@lucidlab.fi or contacting @anthonybroderick on Telegram. The setup involves choosing modules, configuring them, and deploying your organisation.
Yes, you can configure governance, treasury, and cross-chain messaging modules to suit your needs, including assigning them to specific blockchains.
The Bonding Engine optimises Protocol-Owned Liquidity (POL) by offering bonds in exchange for governance tokens, enabling strategic liquidity allocation (coming soon).
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.
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.
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.
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.
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.
Yes, Lucid offers customer support and comprehensive documentation to assist with troubleshooting and platform guidance.
A VEO is a mechanism that allows protocols to distribute tokens to users over a specified vesting period. Users can participate by providing liquidity or assets, and in return, they receive tokens that unlock gradually, aligning incentives and promoting long-term engagement. for further information on how VEOs work on Lucid.
Navigate to theand follow the steps.
Lucid offers several pricing strategies for VEOs:
Fixed-Price: Tokens are sold at a set price throughout the VEO duration.
Sequential Dutch: Price starts high and decreases over time until it reaches a floor or the VEO is filled.
Oracle-Fixed: Price is pegged to an external oracle and remains constant, offering a fixed discount relative to the market price.
Oracle-Sequential: Price adjusts at regular intervals based on an external oracle, combining dynamic pricing with market conditions.
For detailed explanation of each strategy, please
To claim your vested tokens
Any user can initiate the creation of a VEO. However, if the associated organization uses a multisig wallet for governance, the VEO must receive the required number of approvals from multisig signers before it becomes active.
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Note: The Close Market button is only visible to users with the appropriate permissions.
No. Once a VEO is deployed and approved, its parameters (pricing model, vesting schedule, capacity, etc.) are immutable. To make changes, the VEO must be closed and a new one created with the desired settings.
Any unclaimed or unsold tokens from an expired VEO remain in the wallet of the market deployer — they are never transferred out unless purchased by users. Once the VEO ends, the remaining tokens stay in the deployer’s wallet by default. There is no need to reclaim them from the smart contract.
VEOs distribute tokens on a vesting schedule, not immediately. You can track your payout schedule under the “My VEOs” page and periodically as they vest.
VEOs require LP tokens from Steer Protocol. You first deposit assets (50/50 ratio) into the Steer pool to receive LP tokens, and then use those as payment in the VEO. This ensures liquidity is actively deployed in Uniswap v3-style pools managed by Steer.
Lucid supports multiple oracle sources to determine the price of an asset for Oracle-based VEOs. These include:
Chainlink feeds: Standard oracles used to fetch real-time prices.
Uniswap V3 pools: Our oracle contract calculates the price and it can support one-pool or two-pool configurations:
One-pool: Use when the quote and payout tokens are directly paired.
Two-pool: Use when the quote and payout tokens are indirectly priced via a shared intermediate token.
LP token pricing: For ALM strategies (e.g., Steer Protocol), where the LP token itself represents the quoted asset.
Dutch auctions reward early buyers with guaranteed allocation, but better discounts may appear later. However, waiting carries risk — others may fill the VEO before the price drops further. Use the price chart in the UI to monitor trends and act accordingly.
Yes. If you don’t have the required assets (e.g., LP tokens or specific stablecoins) on the target chain, Lucid provides a to transfer funds across chains. A button will appear in the VEO flow when asset bridging is required.
For more detailed information, please refer to the Lucid Docs: