3.1 Token Use Cases

  • Liquidity Mining: Users can participate in LuckySwap by providing Memecoin liquidity, earning $LUCKY tokens as rewards. The reward distribution will be based on liquidity depth, provision time, and the activity of the trading pair.

(Where Luser is the liquidity provided by the user, Ltotal is the total liquidity, Wtotal is the total reward pool, and LP factor is the weighted coefficient for liquidity provision time and activity.)

  • LuckyDraw Mechanism: By trading or providing liquidity through LuckySwap, users will earn chances to participate in a lottery. Based on transaction volume and frequency, users have the opportunity to win rare Memecoin, $LUCKY, or platform tokens as prizes.

  • Blind Box Purchase: Users can purchase LuckyBox with $LUCKY tokens, earning different levels of Memecoin as rewards. The platform uses AI technology for dynamic pricing and ensures fairness and privacy through Zero-Knowledge Proofs.

  • Blind Box Exchange and Auction: Users can exchange, auction, or trade blind boxes using $LUCKY tokens. The platform charges a transaction fee, which is used to enrich the reward pool.

  • AI Meme Prediction Model: When users trade based on AI-recommended Memecoin, they will earn $LUCKY rewards based on the accuracy of their predictions. This reward mechanism encourages users to participate in the learning of the AI model, improving market prediction capabilities.

  • Dynamic Liquidity Pools: Based on changes in the Memecoin market, AI dynamically adjusts the rewards and weight of liquidity pools to ensure their health and adjusts users' $LUCKY earnings according to market fluctuations.

  • Prediction Market Betting: Users can place bets using Memecoin or $LUCKY tokens for predictions, and correct predictions will earn them a share from the reward pool in $LUCKY tokens. The accuracy of the user's prediction will directly affect their share of the reward pool.

  • Governance Functions: $LUCKY is the platform's governance asset, and holders can participate in decision-making votes. For example, important platform upgrades, reward pool settings, reward distribution ratios, and other key matters will be decided through community voting.

    • Voting Mechanism: Each $LUCKY token represents 1 vote, and the more tokens a user holds, the greater their weight in platform governance.

    • Proposal Mechanism: Any $LUCKY token holder can submit proposals for platform improvements, and once a proposal is approved, the platform will make adjustments according to its content.

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