Lucid Labs Invests $500k in $PEAQ VEO to Drive Machine DeFi

Lucid Labs has launched a $500,000 Vested Emission Offering (VEO) for its $PEAQ token, offering discounted access and driving liquidity within the Machine Economy’s decentralized finance (DeFi). This initiative aims to provide long-term support for DeFi protocols within the growing Machine Economy by aligning incentives between token holders and ecosystems through a 30-day linear vesting schedule. The campaign will distribute tokens via Lucid’s platform, rewarding community participants with dynamic discounts of up to 25% on their token acquisitions.