The Vault Guide
Last updated
Last updated
1) Head over to our Finance page: https://luxy.io/finance
2) Connect your Wallet
3) Once you connect your wallet, you'll see the amount of $LUXY tokens you have available to lock to claim your discount token:
4) Now that you're all set, you can start claiming your discount token, by clicking on "Claim"
5) On the modal that opens, you can select which discount tier you're interested in. You can find the amount of $LUXY that will be locked away below the Tier list. Next up, click on "Claim".
6) On this step, we're doing two things: first, we're depositing your $LUXY into the vault, and second, we're locking them up.
The deposit will trigger the minting process of a new discount token on the Rollux blockchain for you.
The lock will allow you to mint discount tokens on all blockchains supported by Luxy. Check the next section for a step-by-step guide on how to do this!
As this is a multi-step process, you'll be requested to first approve the $LUXY token usage on your wallet, and then sign two transactions. You can follow the progress of each step on the modal that opens.
You don't need to worry about your deposited $LUXY tokens: only the depositor can withdraw the tokens, as they are safely locked in a Vault Smart Contract. If you have any questions, please reach out to us on Discord to discuss!
7) Once the process is complete, you can enjoy the discounted fees on all your Rollux transactions inside Luxy! You can check your current fee in the Vault section!
Please note that, in case the Locking tokens operation ends in an error or it gets rejected in your wallet, you will still be able to enjoy your discounts on Rollux, but you'll be unable to mint new Discount Tokens on the other Supported Chains. If this occurs, a new option will open for you, allowing you to Lock your Rollux Discount tokens whenever you prefer!
1) If you want to also enjoy the discount in one of the other blockchains supported by our Marketplace, simply click on the "Mint" option:
2) In this step, you can choose the discount tier you'd like to mint and one of the supported networks on Luxy. Next up, click on "Mint".
If you want to mint the discount tokens for multiple networks, you can simply repeat this process and select a different network!
3) You'll be asked to first switch to the desired network on your wallet, and then sign the minting transaction of the discount token in the desired blockchain. Please note that you'll need some funds to cover the gas costs of the minting. You can follow the progress of each one of these steps directly on the same modal.
4) You're all set! You can check your next discount applied to a new network directly on the Vault section!
1) To retrieve some of your locked $LUXY tokens, you'll have to burn the discount tokens minted in all networks. You can do this by clicking on "Burn":
2) On the next screen, you get to select which network you'd like to burn your discount tokens, and the new tier you'd like to downgrade to. If you would like to retrieve all of your locked $LUXY tokens, you're downgrading back to Tier 0. In this case, leave all tiers unselected.
If you have discount tokens in networks other than Rollux, you'll have to burn those first.
3) Once again, this process is two-fold: you'll first have to switch networks, and then sign the burning transaction. You can follow the progress of these steps on the modal window.
