LuxeWin Protocol

A decentralized lottery protocol with verifiable randomness and sustainable tokenomics.

Overview

LuxeWin is a fair and transparent lottery protocol built on Ethereum that leverages Chainlink VRF for verifiable randomness. The protocol features:

• Automated and transparent prize distribution
• Verifiable random number generation
• Token-based governance
• Staking rewards
• Protocol-owned liquidity

Architecture

Smart Contracts

1. LuxeWinToken (LUX)

   • ERC20 governance token
   • Used for ticket purchases at a discount
   • Staking rewards
   • Initial supply: 100M tokens

2. LuxeWinLottery

   • Manages lottery rounds
   • Handles ticket purchases
   • Integrates Chainlink VRF
   • Distributes prizes
   • Collects protocol fees

3. LuxeWinStaking

   • Manages LUX token staking
   • Distributes protocol fees to stakers
   • Time-lock mechanisms
   • APY rewards

Setup

Prerequisites

• Node.js v16+
• npm or yarn
• Hardhat

Installation

# Clone the repository
git clone https://github.com/your-repo/luxewin-protocol
cd luxewin-protocol

# Install dependencies
npm install

# Create .env file
cp .env.example .env

Edit .env file with your configuration:

PRIVATE_KEY=your_private_key
INFURA_KEY=your_infura_key
ETHERSCAN_API_KEY=your_etherscan_key
VRF_COORDINATOR=network_specific_coordinator
VRF_SUBSCRIPTION_ID=your_subscription_id
VRF_KEY_HASH=network_specific_keyhash

Compile Contracts

npm run compile

Run Tests

# Run all tests
npm test

# Run specific test file
npx hardhat test test/LuxeWinLottery.test.js

# Run with coverage
npm run coverage

Deployment

# Deploy to testnet (Sepolia)
npm run deploy:testnet

# Deploy to mainnet
npm run deploy:mainnet

Protocol Mechanics

Lottery

• 24-hour rounds
• Base ticket price: 0.01 ETH
• 10% discount when using LUX tokens
• Verifiable random winner selection
• Automatic round creation

Token Economics

• 5% protocol fee on ticket sales
  • 3% to LUX stakers
  • 2% to protocol treasury
• Token utility:
  • Governance voting
  • Ticket purchase discount
  • Staking rewards
  • DAO participation

Staking

• Minimum 24-hour lock period
• Protocol fee distribution
• No maximum lock duration
• APY based on protocol volume

Security

Features

• Chainlink VRF for randomness
• Role-based access control
• Emergency pause mechanism
• Reentrancy protection
• Comprehensive test suite

Audits

The protocol is pending audit. Use at your own risk.

Documentation

• Technical Documentation
• Whitepaper

Contributing

1. Fork the repository
2. Create feature branch
3. Commit changes
4. Create pull request

License

MIT License - see LICENSE for details

Contact

• Discord: Join our community
• Twitter: @LuxeWinProtocol
• Website: https://luxewin.io