Luxxcoin ($LUX) is a Solana-based cryptocurrency that uses a rule-based scoring system to rank wallet activity over fixed time periods. It distributes token rewards to top-ranked holders based on predefined on-chain metrics for holding and transaction behavior. [1]
Luxxcoin was developed on the Solana blockchain and introduced as a competitive GameFi token. The project's central concept is to create an on-chain competition where token holders are ranked and rewarded according to their holding strategies and transaction patterns. This system is designed to incentivize behaviors such as long-term holding and strategic token acquisition. The ecosystem operates in fixed 60-day periods, referred to as cycles or rounds. During each cycle, participant wallets are scored based on predefined metrics. At the conclusion of the cycle, rewards are automatically distributed from a dedicated pool to the highest-scoring wallets. The entire process, from scoring to reward distribution, is conducted on-chain and is publicly viewable through a real-time leaderboard, ensuring transparency for all participants. [5] [6]
Luxx Hero Rewards is a recurring on-chain incentive system within the $LUX ecosystem on Solana. It distributes rewards every 60-day cycle to the top 500 wallet addresses based on a calculated “Hero Score,” which ranks participants according to predefined behavioral and holding metrics. Each cycle allocates 1 billion $LUX to eligible wallets as a proportional reward for maintaining qualifying positions over the period. The scoring model is deterministic and based on four factors: time-weighted holdings, continuous holding duration, entry price efficiency, and adjustments for selling or transferring tokens. Rewards are distributed directly to wallets without manual claims, and rankings are updated through a live leaderboard. The system includes constraints such as eligibility restrictions for certain wallet types and caps designed to reduce concentration effects. All calculations are performed on-chain, making the scoring and reward process transparent and verifiable. [1] [4]
The ranking of participants is determined by a deterministic "Hero Score" calculated entirely on-chain. The score is a composite value derived from four primary metrics that assess a wallet's activity and holding patterns throughout a cycle. [1]
The factors used to calculate the Hero Score are: [3] [4]
The total supply of Luxxcoin is 99,999,887,351 $LUX. The token allocation is distributed across several categories to support the project's reward system, liquidity, development, and community growth. [7]