Token Economics

LuxNet adopts a single-token model based on the Polygon blockchain, with LuxNet as the platform’s native token, serving multiple purposes. The LuxNet token is not only used to reward users for content creation and social interaction on the platform but can also be used internally for tipping creators, participating in governance voting, and purchasing premium services. The design based on Polygon ensures that transactions and distribution of LuxNet tokens are more efficient and secure, taking full advantage of Polygon’s high performance and low-cost benefits, ensuring the platform’s sustainable ecosystem development.