Let it
compound.
Trading fees on $LUMEN arrive in SOL. Every round, a share is split pro rata across holders. You choose on chain what yours becomes: LUX, redeemable one for one against USDC in the reserve, or more $LUMEN, delivered to your wallet.
CAlaunching soon
- Cadence
- ~30 min
- Staking
- None
- Claim button
- None
Four frames,
one roll.
There is nothing to stake and nothing to claim. Holding $LUMEN is enough to be counted. The only choice you make is what your share becomes, and you make it on chain.
- 0101A
Fees arrive in SOL
Every $LUMEN trade on Meteora pays creator and partner fees in SOL. After migration, DAMM v2 position fees join them.
quote mint · SOL - 0202A
Split by balance
About every 30 minutes the keeper opens a round, claims the fees and splits a share pro rata across holders above a minimum balance.
round += 1 - 0303A
Develop or compound
Cash holders: the keeper swaps their share of SOL to USDC and the program develops LUX against it. Compound holders: their share buys $LUMEN, sent to their wallet.
1 LUX = 1 USDC - 0404A
Redeem on chain
Anyone holding LUX can burn it for USDC from the reserve, minus the redeem fee. Redeem is never paused.
burn -> USDC
Fees never arrive in USDC. They arrive in SOL; the Cash share is swapped to USDC so LUX can be developed against it, and the Compound share is spent on $LUMEN directly, with no USDC hop.
Light in.
LUX out.
LUX is only minted against USDC that has already landed in the reserve, one for one. Burn it for that USDC whenever you like, minus the redeem fee.
1 LUX : 1 USDC in reserve
Cash or
compound.
One account per wallet, signed by you and nobody else. No account means Cash. Change it whenever you like; the keeper reads every preference when it splits a round, so the next round follows your latest choice.
Cash. Your share of SOL is swapped to USDC and the program develops LUX against it. 1 LUX redeems for 1 USDC, minus the redeem fee.
Compound. Your share of SOL is spent on $LUMEN and delivered to your wallet. Its value moves with the price of $LUMEN.
Measured,
not promised.
Every figure here is read from chain state through this site's server. The reserve is a token account owned by a program address; the LUX supply is the mint's own counter. Check both yourself on any explorer.
- LUX developed
- -
- LUX redeemed
- -
- Surplus in reserve
- -
- Redeem fee
- -
- USD at swap time
- -keeper-reported
- SOL spent
- -
- Round
- -
- Wallets paid this round
- -
- LUX this round
- -
- $LUMEN this round
- -
The USD figure comes from the keeper's swap quote and is recorded as reported. The $LUMEN amount is what actually moved.
Fresh from
the tray.
Each line is a payment the program made and logged: LUX developed to a Cash holder, or $LUMEN compounded to a Compound holder. Grouped by round, linked to the transaction.
Not live yet. Drops appear here once the program is live and the keeper opens its first round. Each line is parsed from the program's own logs and links to its transaction.
Holding LUX? Redeem it.
Burn LUX on chain for USDC from the reserve, minus the redeem fee. No keeper, no queue, never paused.