<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:cc="http://cyber.law.harvard.edu/rss/creativeCommonsRssModule.html">
    <channel>
        <title><![CDATA[Stories by LGCY NETWORK on Medium]]></title>
        <description><![CDATA[Stories by LGCY NETWORK on Medium]]></description>
        <link>https://medium.com/@lgcynetwork?source=rss-fb7813116efd------2</link>
        <image>
            <url>https://cdn-images-1.medium.com/fit/c/150/150/1*rhPDukXlIne7eIULTehGHg.jpeg</url>
            <title>Stories by LGCY NETWORK on Medium</title>
            <link>https://medium.com/@lgcynetwork?source=rss-fb7813116efd------2</link>
        </image>
        <generator>Medium</generator>
        <lastBuildDate>Sun, 26 Jul 2026 16:18:12 GMT</lastBuildDate>
        <atom:link href="https://medium.com/@lgcynetwork/feed" rel="self" type="application/rss+xml"/>
        <webMaster><![CDATA[yourfriends@medium.com]]></webMaster>
        <atom:link href="http://medium.superfeedr.com" rel="hub"/>
        <item>
            <title><![CDATA[LGCY Network Becomes Abrxas Network: A Fresh Start for the Future]]></title>
            <link>https://lgcynetwork.medium.com/lgcy-network-becomes-abrxas-network-a-fresh-start-for-the-future-69c868a7585d?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/69c868a7585d</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Wed, 29 Oct 2025 07:26:18 GMT</pubDate>
            <atom:updated>2025-10-29T07:26:18.756Z</atom:updated>
            <content:encoded><![CDATA[<p>After years of building, growing, and overcoming challenges, <strong>LGCY Network</strong> is turning the page and moving forward under a new name: <strong>Abrxas Network</strong>. This change represents renewal, focus, and a clear step toward the next stage of our blockchain journey.</p><h3>A New Identity Built on Experience</h3><p>Abrxas Network builds on the foundation of LGCY’s history as a <strong>fork of the TRON blockchain</strong>, combining our experience with new energy and direction. Our vision remains the same, to create a scalable and community-driven network but our approach is sharper, faster, and ready for real adoption.</p><p>The new ecosystem will center around three core tokens:</p><ul><li><strong>ABRX</strong> as the <strong>reward and revenue token</strong>, fueling the network’s growth and incentives</li><li><strong>USDL</strong> as the <strong>gas token</strong>, powering transactions across the network</li><li><strong>CLU</strong> as the <strong>governance token</strong>, replacing LGCYX and leading community-driven decisions</li></ul><h3>The Meaning Behind CLU</h3><p><strong>CLU</strong> comes directly from the <strong>TRON series</strong>, connecting our past with our future. The name reflects coordination and control, key traits for a governance system that relies on community participation. CLU will give holders the power to vote, propose, and help shape the direction of the Abrxas ecosystem.</p><h3>Transition Details and Token Swap</h3><p>We know the LGCYX community has faced its share of setbacks. This rebrand is our chance to reset and move forward with transparency and momentum. Here’s what to expect:</p><ul><li>The <strong>LGCYX liquidity pool</strong> on Uniswap will be <strong>removed</strong></li><li>A <strong>1:1 token swap from LGCYX to CLU</strong> will be available, and <strong>the smart contract will cover the gas fees so you don’t have to.</strong></li><li>The <strong>smart contract</strong> goes live 10/30/25 4pm PST</li><li>After <strong>one week </strong>(11/6/25, we’ll <strong>launch the new liquidity pool</strong> at <strong>$0.0001</strong>, using the <strong>original LP </strong>liquidity.</li><li>Early swappers will receive extra rewards.</li></ul><h3>Looking Ahead</h3><p>In the same update on thursday, we’ll share the <strong>first public look at the Abrxas Network</strong>, a preview of our new chain. Our roadmap remains strong, with <strong>over 20 projects</strong> planned for release by the end of the year, most of which are already live or finished and about to go live.</p><p>This rebrand isn’t just cosmetic. It’s a renewal of purpose, a reset of direction, and a reflection of how far we’ve come.</p><p><strong>Hang tight — we’re almost there.</strong></p><p>Follow the journey:<br> <a href="https://abrxas.network">abrxas.network</a><br> <a href="https://twitter.com/abrxasnetwork">@abrxasnetwork</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*9eDBhglHrScViuvEpQp3eA.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=69c868a7585d" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[ABRX ERC-20 Is Alive: Advanced Features With a Purpose]]></title>
            <link>https://lgcynetwork.medium.com/abrx-erc-20-is-alive-advanced-features-with-a-purpose-330f62711610?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/330f62711610</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Sat, 27 Sep 2025 06:29:48 GMT</pubDate>
            <atom:updated>2025-09-27T06:29:48.834Z</atom:updated>
            <content:encoded><![CDATA[<p><strong>Contract Address (Ethereum ERC-20):</strong><br> 0xE5ccA4A56f5f22f31b2836579aF31574471c676C</p><p>ABRX isn’t just another ERC-20 token. It was designed with features that go beyond the standard, not as permanent restrictions, but as <strong>temporary controls</strong>. These tools are in place to protect the community, simplify adoption, and prepare ABRX for its <strong>future role and purpose</strong>.</p><p>Every non-basic feature is part of a plan shaping ABRX’s growth today while leaving room for the functions it will serve tomorrow.</p><h3>1. Gasless Approvals (EIP-2612 Permit)</h3><ul><li><strong>Temporary role:</strong> Saves gas and removes friction for ERC-20 dApps.</li><li><strong>Future alignment:</strong> As ABRX expands into more ecosystems, gasless approvals ensure it remains <strong>easy to integrate</strong> without extra steps.</li></ul><h3>2. Gasless Transfers (ERC-2771 Meta-Transactions)</h3><ul><li><strong>Temporary role:</strong> Lets users send ABRX without needing ETH for gas.</li><li><strong>Future alignment:</strong> Positions ABRX as a <strong>true medium of exchange</strong>, ready for gasless environments like LGCY Network.</li></ul><h3>3. Pausable Transfers</h3><ul><li><strong>Temporary role:</strong> Acts as a community safeguard in early stages, allowing intervention if risks emerge.</li><li><strong>Future alignment:</strong> Once ABRX is battle-tested and its systems are matured, pausing may never be needed — but having it early protects the project’s foundation.</li></ul><h3>4. Controlled Minting &amp; Burns</h3><ul><li><strong>Temporary role:</strong> Provides flexibility for distribution, rewards, and liquidity during ABRX’s early lifecycle.</li><li><strong>Future alignment:</strong> Ownership can be renounced, locking supply permanently when the tokenomics shift to <strong>scarcity and stability</strong>.</li></ul><h3>5. Rescue Function</h3><ul><li><strong>Temporary role:</strong> Ensures that if community members make mistakes (sending tokens directly to the contract), they can be recovered.</li><li><strong>Future alignment:</strong> As the ecosystem matures, education and tooling reduce these risks, but rescue exists now as <strong>training wheels for safety</strong>.</li></ul><h3>6. Transparency &amp; Errors</h3><ul><li><strong>Temporary role:</strong> Events and custom errors give clear signals to explorers and dApps, making ABRX easier to track and integrate.</li><li><strong>Future alignment:</strong> These patterns will continue to support <strong>trust and visibility</strong> as ABRX scales.</li></ul><h3>Why Temporary Controls Matter</h3><p>ABRX’s ERC-20 deployment isn’t the final destination. It’s a <strong>bridge</strong>.</p><ul><li>Today, advanced controls protect the community and smooth user adoption.</li><li>Tomorrow, as ABRX evolves and integrates into the LGCY Network, these controls can be reduced, renounced, or rendered unnecessary.</li></ul><p>Everything has been designed <strong>with intent</strong>: to start flexible, remain safe, and align with the bigger vision for ABRX’s purpose.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=330f62711610" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[ABRX Tokenomics]]></title>
            <link>https://lgcynetwork.medium.com/abrx-tokenomics-b85efb80f56c?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/b85efb80f56c</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Sat, 06 Sep 2025 07:16:31 GMT</pubDate>
            <atom:updated>2025-09-06T07:16:31.511Z</atom:updated>
            <content:encoded><![CDATA[<p>ABRX is designed to align loyalty, liquidity, and long-term growth. Its tokenomics tie directly into the strength of the LGCY ecosystem, ensuring that value creation is shared by those who contribute to its success. By linking future issuance to LGCYX burns, ABRX remains scarce and becomes more valuable as the network expands.</p><h3>Initial Supply and Distribution</h3><p><strong>Total Pre-Mint: 25,000,000 ABRX</strong></p><ul><li><strong>5,000,000 ABRX — Community Loyalty Distribution</strong><br> Allocated to the loyalists who have stood by the project. Constructive criticism has always been welcome when given in good faith, and this allocation recognizes those who have genuinely supported the ecosystem over time.</li><li><strong>10,000,000 ABRX — Private Sale for Liquidity and Stability</strong><br> Reserved for a small group of existing private LGCYX investors who are already committed to the future of the network. Funds raised from this sale are directed to building liquidity and ensuring stable markets for ABRX.</li><li><strong>10,000,000 ABRX — Treasury and Ecosystem Development</strong><br> Managed for exchange listings, marketing, partnerships, and ongoing ecosystem growth.</li></ul><h3>Future Supply: Minted via LGCYX Burns</h3><p>Beyond the initial 25 million, ABRX is only minted by burning LGCYX on the new network. There is no arbitrary inflation. This links the growth of ABRX directly to the health of the LGCY ecosystem and ensures that expansion is always backed by deflation elsewhere.</p><h3>The Bonding Curve Model</h3><ul><li><strong>Base Rate:</strong> Every 100,000,000 LGCYX burned mints 1 ABRX.</li><li><strong>Decay:</strong> After each 100 million tranche, the conversion rate decays by 2 percent.</li><li>Tranche 1: 100M LGCYX per ABRX</li><li>Tranche 2: 102M LGCYX per ABRX</li><li>Tranche 3: 104.04M LGCYX per ABRX</li><li>Tranche 4: 106.12M LGCYX per ABRX</li><li>…and so on.</li></ul><p>This structure ensures that ABRX becomes progressively harder to mint as adoption grows. Each new tranche requires more LGCYX to unlock the same amount of ABRX, protecting scarcity and rewarding early contributors. Burn must be done through the network dapp to be eligible.</p><p>To maintain fairness, if a burn crosses into the next tranche, it is automatically split and settled at each applicable rate. No one gains an advantage by timing their transactions more quickly than others, which prevents front-running and bot exploitation.</p><h3>Why This Model Works</h3><p>The bonding curve is a deliberate design choice. Fixed-rate minting would risk over-issuance and weaken scarcity, while completely unpredictable dynamics could discourage participation. A predictable, decaying mint schedule strikes the right balance:</p><ul><li><strong>Fairness</strong>: Everyone has equal access at each stage without timing games.</li><li><strong>Scarcity</strong>: As more LGCYX is burned, ABRX grows increasingly difficult to acquire.</li><li><strong>Engagement</strong>: Participants are incentivized to stay involved, knowing future opportunities become more expensive over time.</li><li><strong>Alignment</strong>: Every new ABRX minted represents a real reduction in LGCYX supply, linking both assets and strengthening the ecosystem.</li></ul><h3>Incentive Model</h3><ul><li><strong>Gas Burn Redistribution</strong><br> A portion of network gas fees that would otherwise be permanently burned is redirected to ABRX holders, while another portion remains burned to preserve deflationary pressure.</li><li><strong>Growth-Linked Rewards</strong><br> Unlike fixed staking returns, ABRX rewards scale directly with network adoption. As activity and transaction volume rise, so does the value flowing to ABRX holders.</li><li><strong>Long-Term Alignment</strong><br> More usage means more gas fees, more LGCYX burned, and greater rewards for ABRX. Growth of the network and growth of ABRX are inseparable.</li></ul><h3>Key Highlights</h3><ul><li>Initial supply: 25M ABRX pre-mint</li><li>Distribution:</li><li>5M to loyal community</li><li>10M private sale (LGCYX investors, liquidity-focused)</li><li>10M treasury for ecosystem growth</li><li>Future supply: Only via LGCYX burning</li><li>Bonding curve: Starts at 100M LGCYX per ABRX, with a 2% increase in cost every tranche</li><li>Revenue model: Portion of gas burn revenue flows to ABRX holders</li><li>Core principle: Rewards scale with network adoption, not arbitrary inflation</li></ul><p>ABRX is built to remain scarce, to reward genuine loyalty, and to ensure that holders benefit directly from the growth of the LGCY ecosystem. By tying minting to a predictable bonding curve and linking rewards to real usage, ABRX creates a sustainable, fair, and growth-driven model for the long term.</p><p>Note: This won’t delay the network any further as it’s build on top of it.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*byf4ngD_ihU3gTo3nmFFgw.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b85efb80f56c" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Introducing Our Biggest Addition Since Stable Gas]]></title>
            <link>https://lgcynetwork.medium.com/introducing-our-biggest-addition-since-stable-gas-e08a1f5e6898?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/e08a1f5e6898</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Wed, 03 Sep 2025 08:14:51 GMT</pubDate>
            <atom:updated>2025-09-03T08:14:51.344Z</atom:updated>
            <content:encoded><![CDATA[<p>From the very beginning, our mission has been to build a network that balances usability, security, and growth. Stable gas with <strong>USDL</strong> was the first major step toward that vision.</p><p>Now, as we prepare to complete the LGCYX buyback and move forward with the launch, we are excited to unveil what we’ve been holding back: our biggest addition to the new network.</p><p>Introducing ABRX takes its name from <strong>Abraxas</strong>, a symbol of unity and balance. In our ecosystem, it represents the bridge between network activity and community reward. Where USDL provides stability and LGCYX provides security, ABRX captures growth itself. It grows in value as the network grows because the more transactions, dApps, and partnerships that flow through the network, the more rewards ABRX holders receive.</p><p>This design makes ABRX essential to long-term adoption. Developers are encouraged to build, since stronger usage means more rewards for the entire community. Users are encouraged to hold, since random monthly snapshots prevent short-term speculation and favor genuine commitment. And with new ABRX only created through LGCYX burns, every stage of growth makes the system more deflationary and more valuable. ABRX isn’t just another token, it is the mechanism that turns activity into lasting community value, and the key driver of the network’s next chapter.</p><h3>The Token Trinity</h3><p>The network will operate with three tokens, each with a distinct role:</p><ul><li><strong>USDL → Gas</strong><br> Stable fuel for every transaction and contract.</li><li><strong>LGCYX → Staking &amp; Governance</strong><br> Secures the network and empowers community decision-making.</li><li><strong>ABRX → Rewards &amp; Growth</strong><br> The new token that puts adoption and community first.</li></ul><h3>ABRX: Built for Growth</h3><p>ABRX is designed to align rewards with real network usage and participation.</p><ul><li><strong>Revenue Rewards</strong><br> ABRX holders receive USDL from network fees through randomized monthly snapshots. This ensures rewards go to long-term holders, not speculators.</li><li><strong>Deflationary for LGCYX</strong><br> A small pre-mint will be distributed to our most loyal supporters. After that, the only path to new ABRX is through the burn mechanism, LGCYX is permanently removed from circulation, and an equivalent amount of ABRX is created. This ties ABRX’s growth directly to real commitment, while keeping its overall supply scarce and increasingly valuable.</li><li><strong>Community Access</strong><br> Holding ABRX unlocks:<br> • Special airdrops<br> • Early access to team-built applications<br> • VIP ecosystem features and rewards</li></ul><p>The more the network grows, the more valuable it becomes to hold ABRX.</p><h3>Why It Matters</h3><p>Together, these three tokens complete the system:</p><ul><li><strong>USDL fuels the network</strong></li><li><strong>LGCYX secures the network</strong></li><li><strong>ABRX grows the network</strong></li></ul><p>This balance ensures that users, developers, validators, and holders are all rewarded directly for adoption and growth.</p><h3>Looking Ahead</h3><p>With the buyback nearly complete, the foundation is set for a stronger future. Along with this new token model, the network will also soon take on a <strong>new identity</strong>. While we are not revealing the name today, it will mark the start of the next chapter.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*r4GCBK603qtqJKMaB3HWGA.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e08a1f5e6898" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[LGCY Network Update]]></title>
            <link>https://lgcynetwork.medium.com/lgcy-network-update-e36b69c2b8cd?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/e36b69c2b8cd</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Tue, 26 Aug 2025 23:55:13 GMT</pubDate>
            <atom:updated>2025-08-26T23:55:13.927Z</atom:updated>
            <content:encoded><![CDATA[<p>We’re still on the road, but things are quickly wrapping up. The buyback process is moving forward, we’ve already secured enough USDC to fully cover the LGCYX buyback. It’s still processing, and while we can’t give an exact timestamp, we expect it to be completed within days. Once everything is finalized, all you’ll need to do is check your email for next steps.</p><p>On the content side, we’ve been creating a large amount of new material. This is being broken down into clips and educational resources that will roll out as we lead into the network launch. The network itself is ready and while we want to set a firm launch date, our priority is making sure we don’t put you through another delay.</p><p>Our partners are fully aligned with us, and together we’re committed to making this launch a success. Multiple incentive plans are also being finalized to reward those of you who have stayed loyal and supported us through this journey. Alongside the incentives, we’re preparing a basket of new projects and tokens that will be shared with our most dedicated community members.</p><p>The network documentation, new content, and rebrand are complete. We’ll begin showing first looks as early as tonight, but more realistically tomorrow. Our goal is to have everything by the <strong>1st</strong>.</p><p>Dm’s are slammed again, so please be patient. We will get to everyone on all platforms this week.</p><p>Thank you for sticking with us.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Y-VVDH50n2Gt3etShgOJnQ.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=e36b69c2b8cd" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Closing Out the LGCYX KYC Buyback]]></title>
            <link>https://lgcynetwork.medium.com/closing-out-the-lgcyx-kyc-buyback-113316218658?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/113316218658</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Sat, 23 Aug 2025 07:02:48 GMT</pubDate>
            <atom:updated>2025-08-23T07:06:22.608Z</atom:updated>
            <content:encoded><![CDATA[<p>We’re closing in on the final steps of the LGCYX buyback and want to share where things stand.</p><p>If we <strong>haven’t messaged you</strong>, that means one of two things:</p><ul><li>You’re all set, or</li><li>You did not send us your <strong>ID, wallet address, and requested amount</strong> during the KYC process.</li></ul><p>This weekend, we’ll be <strong>whitelisting all verified wallets</strong>. Once complete:</p><ul><li>Only the submitted wallets will be able to send from.</li><li>Each wallet will be limited to the amount requested.</li><li>The previous OTC allocation will be sent out at the same price of <strong>0.00025</strong>, matching this OTC round.</li></ul><p>After wallets are whitelisted, we’ll also be reaching out to everyone who contributed to reconfirm. Please hang tight as we finish this process and prepare to deploy the smart contract.</p><p>In the meantime, we ask that you <strong>refrain from trading LGCYX or any tokens within our circle until this process is completed and liquidity is added.</strong></p><p>Looking ahead, we’ll be doing another buyback in the form of <strong>liquidity on the new rebranded network</strong>. More details will follow once this round is complete.</p><p>We’re aiming to provide another update over the weekend, but you can expect a confirmed update by <strong>Monday</strong>.</p><p>Thank you for your patience and continued support.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Y-VVDH50n2Gt3etShgOJnQ.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=113316218658" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[LGCYX Network Update Part 1]]></title>
            <link>https://lgcynetwork.medium.com/lgcyx-network-update-part-1-6207ed74c2e6?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/6207ed74c2e6</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Wed, 13 Aug 2025 10:27:32 GMT</pubDate>
            <atom:updated>2025-08-13T10:27:32.846Z</atom:updated>
            <content:encoded><![CDATA[<p>We are excited to announce the next step in our journey. While the token <strong>LGCYX</strong> will remain the same, the <strong>network itself will be rebranded</strong>. The code and core technology will stay exactly as they are, this is a change in identity and direction, not functionality.</p><p>This rebrand, along with our buyback program, is part of a fresh start. We’re moving forward into a new phase, focused on those who have stayed with us through the ups and downs. True believers will be highly rewarded for their commitment. The buyback is here to give an exit to anyone who wishes to move on, so we can focus entirely on building with our core community.</p><p><strong>Buyback &amp; KYC Update</strong><br> Even though not all participants have completed KYC verification yet, we are <strong>pre-purchasing the required USDC</strong> in preparation for distribution. We expect to be ready by <strong>Monday, August 18, 2025</strong>.</p><p>Once verified that your LGCYX tokens were <strong>not purchased outside of the disqualified time frame</strong>, you will be asked to send them to a specific wallet address of your choosing. Verified tokens will be whitelisted on the smart contract for processing.</p><p><strong>Rebrand Reveal &amp; Updates</strong><br> The <strong>new network name and brand</strong> will also be revealed on <strong>Monday, August 18, 2025</strong>. Leading up to that date, we will release <strong>multiple updates</strong> so the community is fully informed and ready for the transition. This is the first update and it’s mainly an overview and it’ll get gradually bigger.</p><p>We will be traveling for content this week as well. If anyone in the states would like to meet up and catch up, dm us on twitter or Justin on telegram.</p><p>For those who do not qualify or choose not to participate in the current buyback, there will be <strong>an alternative exit option next month</strong> at the same price, but on our rebranded network.</p><p>Thank you for your patience, trust, and dedication as we begin this exciting new chapter together.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=6207ed74c2e6" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[LGCYX Token Buyback — Official KYC Form Now Live]]></title>
            <link>https://lgcynetwork.medium.com/lgcyx-token-buyback-official-kyc-form-now-live-d3c0b61b4ba6?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/d3c0b61b4ba6</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Sat, 02 Aug 2025 05:20:42 GMT</pubDate>
            <atom:updated>2025-08-02T05:20:42.211Z</atom:updated>
            <content:encoded><![CDATA[<h3>LGCYX Token Buyback — Official KYC Form Now Live</h3><p>This is the official LGCYX KYC Buy Back.</p><p><strong>Submit the official form here:</strong><br> <a href="https://forms.gle/NThZX3Fba1kYH9gK7">https://forms.gle/NThZX3Fba1kYH9gK7</a></p><h3>This Is the Official Form</h3><p>If you submitted the earlier form, thank you. That form was used <strong>only to measure interest</strong> and determine how many participants were ready for the buyback.</p><p>This is the <strong>real form</strong> that starts the actual KYC and wallet whitelisting process.</p><p><strong>If you wish to participate, you must complete this form</strong>, even if you already filled out the interest form.</p><h3>Buyback Details</h3><ul><li><strong>Buyback Price:</strong> $0.00025 USDC per LGCYX token</li><li><strong>Payment Method:</strong> USDC</li><li><strong>Network:</strong> ERC20</li><li><strong>Only approved wallets can send tokens</strong></li><li>Each participant will be allocated a specific amount they are allowed to sell</li><li>Tokens sent from unapproved wallets or in excess of allocation will not be accepted</li></ul><h3>Required KYC Information</h3><p>The form will ask for the following:</p><ul><li>Full legal name</li><li>Email address</li><li>Phone number</li><li>Residential address</li><li>ERC20 wallet address for whitelisting</li><li>Amount of LGCYX you want to sell</li><li>Government-issued ID</li><li>Proof of address</li></ul><p>This is necessary to meet regulatory requirements and to ensure only approved participants complete the transaction.</p><h3>Who Can Participate</h3><p>Participation is strictly limited to residents of the following countries:</p><ul><li>United States</li><li>Canada</li><li>United Kingdom</li><li>Germany</li><li>Australia</li><li>Singapore</li></ul><p>If you are not a resident of one of these countries, you are not eligible to take part in the buyback.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*09k5TTCVdgIpB9ndXWxvBQ.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d3c0b61b4ba6" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[LGCY Network — Mainnet Launch Update & LGCYX Buyback Instructions]]></title>
            <link>https://lgcynetwork.medium.com/lgcy-network-mainnet-launch-update-lgcyx-buyback-instructions-379b04d4b31a?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/379b04d4b31a</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Mon, 28 Jul 2025 06:44:51 GMT</pubDate>
            <atom:updated>2025-07-28T06:44:51.040Z</atom:updated>
            <content:encoded><![CDATA[<h3>LGCY Network — Mainnet Launch Update &amp; LGCYX Buyback Instructions</h3><p>The LGCY Network enters a critical phase this week as infrastructure partners finalize deployment of their dApps onto the mainnet. With validator logic, transaction throughput, and economic functions now fully stabilized, the network is prepared for public activation. This update outlines the timeline for the <strong>public launch of the LGCY Network mainnet</strong> and final instructions for participating in the LGCYX token buyback program.</p><h3>Network Technical Readiness</h3><p>Over the past month, selected ecosystem partners with gated access to the mainnet have performed end-to-end testing of their decentralized applications. Key validations now complete include:</p><ul><li>Deployment of composable smart contracts with nested logic and real-time state synchronization.</li><li>Validator performance testing under governance voting activity and transaction volume surges.</li><li>USDL-based fee tracking directly integrated into front-end dApps, enforcing the protocol’s inflation and burn mechanics.</li></ul><p>Most participating teams have confirmed that their applications, including governance portals, staking interfaces, token dashboards, and USDL-integrated services, are ready for public deployment on <strong>Friday, August 2, 2025</strong>.</p><p>Although the core infrastructure is technically ready today, we are providing a short buffer to ensure a smooth and stable onboarding experience when the public launch occurs.</p><h3>LGCYX Buyback Program — Final KYC Window</h3><p>As previously announced, we are conducting a one-time <strong>repurchase of LGCYX tokens at $0.00025 USD per token</strong>. This buyback is not a sale, issuance, or offer of any kind — it is a voluntary redemption of previously issued tokens under fixed-price terms.</p><h3>KYC Deadline: Wednesday, July 31, 2025 at 23:59 UTC</h3><p>To participate:</p><ol><li>Complete the [<a href="https://t.co/dYSpPOezog">https://t.co/dYSpPOezogubmission</a>] before the deadline.</li><li>If you have already submitted the form, be prepared to submit a valid <strong>government-issued photo ID</strong> and <strong>proof of residency</strong>. Our team will contact you for final verification.</li><li>Only pre-approved, <strong>whitelisted wallets</strong> will be permitted to interact with the buyback contract.</li></ol><p>We have completed development of a custom smart contract that enforces strict participation rules: it will only accept LGCYX from verified wallets that have passed KYC review. Submissions from other addresses will be automatically rejected at the contract level. Distribution will be done at the contract level as well.</p><h3>KYC-Eligible Countries</h3><p>The buyback was initially limited to the <strong>United States</strong>. We have now expanded eligibility to include verified participants from:</p><ul><li>United States</li><li>Canada</li><li>United Kingdom</li><li>Germany</li><li>Australia</li><li>Singapore</li></ul><p>Submissions from any other jurisdiction will not be accepted due to compliance restrictions.</p><h3>Timeline Summary</h3><ul><li><strong>Wednesday, July 31, 2025</strong> — Final deadline to complete KYC verification.</li><li><strong>Friday, August 2, 2025</strong> — Public launch of the LGCY Network mainnet and live deployment of partner dApps.</li></ul><p>This transition marks the culmination of long-term engineering work, validator integration, and decentralized governance testing. LGCY Network is positioned to open as a performant, secure, and utility-driven blockchain, ready for community participation.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=379b04d4b31a" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Update on the LGCY Network Buyback]]></title>
            <link>https://lgcynetwork.medium.com/update-on-the-lgcy-network-buyback-68ce95b929e3?source=rss-fb7813116efd------2</link>
            <guid isPermaLink="false">https://medium.com/p/68ce95b929e3</guid>
            <dc:creator><![CDATA[LGCY NETWORK]]></dc:creator>
            <pubDate>Fri, 04 Jul 2025 07:26:28 GMT</pubDate>
            <atom:updated>2025-07-04T07:26:28.333Z</atom:updated>
            <content:encoded><![CDATA[<p>It’s only been a couple days since we shared news of a proposed LGCYX token buyback, and as expected, there’s been a lot of conversation around it. We want to take a moment to clear up a few things and offer more insight into what’s happening — and what’s not.</p><h3>What’s the Buyback About?</h3><p>A trusted partner has proposed to buy back a significant amount of LGCYX. While the number of tokens sounds large, here’s the key: <strong>only 3 Governing Bodies (GBs)</strong> will be used to support this effort.</p><p>These tokens are not being bought for short-term flips or sell pressure. They’ll be <strong>staked and locked</strong>, taking a major chunk of supply <em>out</em> of circulation — something that could be a net positive for the network’s token economy.</p><h3>Early Clarifications</h3><p>We’ve seen some important questions come up — and we’re addressing them head-on:</p><ul><li><strong>Only 3 GB seats will be used</strong> — preventing any centralization of power.</li><li><strong>Tokens will be staked/locked</strong>, not sold — reducing circulating supply and sell pressure.</li><li><strong>LGCYX purchased after the initial tweet</strong> announcing the buyback is <strong>ineligible</strong> for participation — this protects the integrity of the process and prevents market manipulation or opportunistic front-running.</li></ul><h3>Whitelisted OTC via Smart Contract</h3><p>To provide broader but controlled access, we’ll also be using a <strong>smart contract</strong> to allow approved OTC trades through <strong>AirSwap</strong>. Only <strong>KYC-whitelisted wallets</strong> will be allowed to participate, and each will be limited to a <strong>specific, pre-approved amount</strong>.</p><p>This ensures:</p><ul><li>Transparency and fairness</li><li>Compliance and accountability</li></ul><h3>What’s Next?</h3><p>This is just the beginning — nothing is finalized yet. The smart contract is in development, and KYC onboarding will begin soon. We’ll release all relevant details, timelines, and instructions ahead of time to give everyone a fair shot.</p><p>We’re building for the long term. This buyback is about strengthening the foundation, reducing sell pressure, and increasing confidence — not gaming the market.</p><p>Appreciate everyone’s patience and input. Let’s keep moving forward — together.</p><p>Next update 24 hours from now about the network status.</p><p>— The LGCY Network Team</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=68ce95b929e3" width="1" height="1" alt="">]]></content:encoded>
        </item>
    </channel>
</rss>