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Token documentation
How $LEXI works
The token's design role in the protocol, as documentation: what it is for, where protocol revenue goes, what the stake is, and what governance covers. No $LEXI token has been issued.
Page last reviewed:
Status
No token is live. No $LEXI token has been issued and no public sale is open. $LEXI is designed as the protocol's staking and governance asset on Base: a fixed supply of one billion, burnable, with no new issuance. Customers never need it. V0 runs on Base Sepolia (testnet), and the token contracts are not deployed.
The mechanics on this page are protocol design, published so that anyone doing diligence can read them. They can change through the audit and the governance process. When something here changes, the page changes and its reviewed date moves.
Other companies and tokens use the names LEXI, Lexi or LexiAI. None is connected to LEXI Protocol, and the notice at the top of this page says so. The namesakes are listed in the key facts. Short answers on the token's status and the stake are in the LEXI FAQ.
Where revenue goes
Protocol USDC revenue, as designed.
Every service on LEXI is priced in USDC: protocols pay a USDC fee per credential, and reliers pay a fixed USDC fee for reliance access. Neither a protocol nor a relier ever needs to hold $LEXI, so a compliance bill is never denominated in the token. The protocol's USDC revenue then follows a fixed split. The split is a protocol parameter, and changing it is a governance matter.
| Share | Destination | What it does |
|---|---|---|
| 40% | Acquired on-market and retired | Used to acquire $LEXI on-market and retire it. Retired supply is gone; the design includes slippage and time-weighted price guards on the purchase. |
| 60% | Treasury and operations | Funds the treasury and operations. |
| 0% | The co-signing lawyer | The lawyer's firm is retained by the protocol separately, outside LEXI. No fee routes through the token. |
Fig. 01 Services are priced in USDC. Customers never need $LEXI. The pricing model, without price points, is documented at /pricing.md; price points publish at mainnet.
What the token is for
Two roles: staking and governance.
Staking
A licensed lawyer posts an eligibility stake, a USD-pegged amount of about $5,000 in $LEXI, to be eligible to co-sign. The requirement is re-pegged so the dollar cost of participation stays stable, and unbonding takes 14 days. The stake is the bond that committee-adjudicated slashing acts on: proven misconduct only, capped in basis points. Reliers flag disputes; they do not slash. Only co-signers stake. What a licensed lawyer signs and stakes: for legal professionals.
Governance
Holders govern jurisdiction expansion, fee parameters, slashing conditions and treasury actions. Those four matters are the whole scope. The slashing conditions and the revenue split above are parameters that governance can change.
What holders never decide
Whether a protocol is compliant. That judgment belongs to the licensed lawyer who co-signs the opinion, and no vote changes it. No AI signs anything, and no holder vote stands in for a signature. Nothing about the token is needed to obtain, read or rely on a credential.
Why a token at all
Two reasons, stated flatly.
First, an open eligibility rule. Any licensed lawyer who passes the licensure check can post the stake and become eligible to co-sign. The rule is the same for every firm.
Second, the stake gives the co-signature economic weight that a directory listing does not have: a bond that misconduct can forfeit, under a committee's judgment, not an algorithm's.
Neither reason needs a customer to hold the token. Protocols pay in USDC, reliers pay in USDC, and reading public on-chain metadata is free.
What is true today
What is true today: a working cross-border legal practice, a proprietary corpus of real regulatory opinions, and a warm pipeline. V0 is live on Base Sepolia (testnet), end to end: documentation in, engine first pass, co-signature flow, credential minted. Nothing is live on mainnet yet, and this page will say so until it is.
The token contracts are part of the build and are not deployed. No $LEXI token has been issued, no stake is posted today, and no public sale is open. $LEXI is designed as the protocol's staking and governance asset; nothing on this site is an offer of securities or a solicitation to invest, in any jurisdiction.
The trust layer for institutional Web3.
This page is documentation. For what is built, where it runs, the team, the architecture and the roadmap, read the key facts. Questions about the stake or the token's status go to a founder, one to one.