Home / $LEXI token
Token documentation
How $LEXI works
This page documents the token's design role in the protocol. It is written as documentation, not promotion.
Customers pay in USDC, not $LEXI
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. This is deliberate: a compliance bill should not float with a token price. The pricing model is documented at /pricing.md.
Where protocol revenue goes
The protocol's USDC revenue follows a fixed split, set at genesis and adjustable by governance after launch:
| Share | Destination | What it does |
|---|---|---|
| 40% | Buyback and burn | Used to buy $LEXI on a Base DEX and burn it, with slippage and TWAP guards |
| 60% | Treasury | Funds engine costs, audits and operations |
| 0% | Co-signing professional | The professional's firm is retained by the protocol separately, outside LEXI |
What the token is for
- Staking. Legal professionals stake a USD-pegged amount of $LEXI, about $5,000, to be eligible to co-sign. The requirement is re-pegged against price so the dollar cost of participation stays stable. The stake is the bond that committee-adjudicated slashing acts on, with a 14-day unbonding period.
- Governance. Holders govern jurisdiction expansion, fee parameters, slashing conditions and treasury actions. Token holders never vote on whether a protocol is compliant; that judgment belongs to the licensed professional who signs.
Supply facts
- Fixed supply of one billion $LEXI, on Base. The token is burnable; burned supply is gone.
- No new issuance mechanism. The buyback module burns what it buys.
Why a token at all
Two reasons, stated flatly. First, permissionless participation: a licensed professional anywhere can stake and join the panel without signing a commercial contract with us, which a SaaS seat cannot do. 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.
What is true today
The token contracts are part of the V0/V1 build and are not deployed. The mechanics above are protocol design, published for transparency, and they can change through the audit and governance process. When something on this page changes, the page changes.
Last updated: 2026-07-03