LUKSO ($LYX) is the native token of the LUKSO blockchain, a decentralized Layer 1 initiated by the community as a 1:1 Ethereum equivalent. Fully EVM-compatible and secured by a proof-of-stake consensus, LUKSO maintains Ethereum's security guarantees while introducing groundbreaking standards for the creative economy. Unlike traditional blockchains focused solely on DeFi, LUKSO introduces Universal Profiles (LSP0) β smart contract-based identities that replace wallet addresses with persistent, recoverable accounts. Users get social recovery, granular permissions via Key Managers (LSP6), and rich on-chain metadata. LUKSO's asset ecosystem includes both LSP7 (fungible tokens) and LSP8 (NFTs), enabling everything from community currencies and loyalty points to unique digital collectibles and verifiable credentials. This dual-standard approach gives creators and brands flexible tools for tokenizing value. LYX powers the entire ecosystem: gas fees, staking rewards, and collateral for Universal Profiles. The network emphasizes user experience with gas abstraction and account abstraction built at the protocol level. Key standards: LSP0-LSP28 cover identities, assets (LSP7/LSP8), permissions, and social features β making LUKSO the infrastructure layer for the next generation of consumer crypto applications. Built by Fabian Vogelsteller (ERC-20, ERC-725 co-author) to bring blockchain to billions through seamless identity and asset management.
LUKSO ($LYX) is the native token of the LUKSO blockchain, a decentralized Layer 1 initiated by the community as a 1:1 Ethereum equivalent. Fully EVM-compatible and secured by a proof-of-stake consensus, LUKSO maintains Ethereum's security guarantees while introducing groundbreaking standards for the creative economy. Unlike traditional blockchains focused solely on DeFi, LUKSO introduces Universal Profiles (LSP0) β smart contract-based identities that replace wallet addresses with persistent, recoverable accounts. Users get social recovery, granular permissions via Key Managers (LSP6), and rich on-chain metadata. LUKSO's asset ecosystem includes both LSP7 (fungible tokens) and LSP8 (NFTs), enabling everything from community currencies and loyalty points to unique digital collectibles and verifiable credentials. This dual-standard approach gives creators and brands flexible tools for tokenizing value. LYX powers the entire ecosystem: gas fees, staking rewards, and collateral for Universal Profiles. The network emphasizes user experience with gas abstraction and account abstraction built at the protocol level. Key standards: LSP0-LSP28 cover identities, assets (LSP7/LSP8), permissions, and social features β making LUKSO the infrastructure layer for the next generation of consumer crypto applications. Built by Fabian Vogelsteller (ERC-20, ERC-725 co-author) to bring blockchain to billions through seamless identity and asset management.