# Smart Contracts and NFT Utilization The beta phase focuses on minimal, secure smart contracts and NFTs to support core functionalities, with scalability planned for future iterations. * **Token Contract**: The $LUMI token (tentative ticker LPC\_Ai\_Lumi) adheres to the ERC-20 standard, supporting basic staking and governance functions. Implemented in Solidity on BASE, it includes a simple staking mechanism (e.g., lock $LUMI for relational rewards) and a governance module for community voting. Audits by a third-party firm ensure security, with proxy patterns for upgradability. Beta functionality is limited to token transfers and basic staking, with advanced features like deflationary burns planned for later. * **NFT Contract**: Inspired by *The Little Prince*, the beta introduces a limited 'Little Prince' NFT series (ERC-721) with static metadata stored on IPFS. These NFTs serve as collectibles, with basic interaction features (e.g., viewing ownership history via Lumi). Soulbound Tokens (SBTs) are prototyped as non-transferable badges for community achievements, with dynamic NFT evolution (e.g., trait updates based on user actions) planned for post-beta to align with 2025 trends in interactive NFTs. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://lpc-ai-lumi.gitbook.io/lpc_ai_lumi/technical-implementation/smart-contracts-and-nft-utilization.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.