What about a new verb that describes lucid dreaming? Something like ludreaming?
In experience, and action, lucid dreaming is so different from non-lucid dreaming. I think it needs a separate verb.
I ludream/I’m ludreaming (present tense)
I ludreamt (past tense)
I will ludream (future tense)
Maybe something more fluid… I usually just go with eldeeing (pronounced LD hehe)
^:lol: Heh I was just about to suggest eldeeing. Eldeeing sounds perfect.
Me and my friend refer to lucid dreaming by simply saying “lucy”
“Lucy” as an adjective? That’s cool. As in, “I was lucy the other night…”?
The trouble with invented language is that it doesn’t usually catch on. Mainly because people don’t all see the same solution. Don’t want to sound like a killjoy, but I’m not sure an arbitrarily constructed word will find a place in common use. The rules might change over time leaving us with relics of the past which we see as irregular words, but there are generally rules for forming words or they grow from related words.
We can always use the acronym LD as a verb. This can feasibly be used as LDed for past tense LDing for present tense and LD for future tense. It also follows the current patterns used to form verbs from nouns, the only jump being you are using an acronym as a noun, which isn’t really that unusual if you think about it. Especially when the acronym is an acronym of a noun clause anyway. 
I have LDed.
I will LD.
I am LDing.
Perhaps in time and with enough use loosing it’s acronym capitalisation through laziness to form.
I have lded.
I will ld.
I am lding.
metagnoirosis n., the act of lucid dreaming. From the Greek “meta” meaning to categorize, in the process of; “gnosis” meaning knowledge, and “onieros” meaning dream. verb: metagnoirose
Like metamorphosed, which I think is a good word for to co-opt for dream transformation. Morphogenesis or Genamorphosed for creating something in a dream.
I’m too lazy to invent a Latin-rooted word for it, but something around the same process might be great? Or in any language, like mayatra, from the Sanskrit “maya” (illusion) and “yatra” (travel) to travel through an illusion. Maya-tranced? I’m less sure about the construction.
Maybe something a little shorter might be better? I personally like eldeeing better. But honestly, I don’t think that any short form will take off unless it’s very catchy and someone casually slips it in into the most popular dream websites.
How would you pronounce that? (meh-tuh-NOY-rohs?)
Other new word candidates:
(besides ludreaming, eldeeing, LDing, and metagnoirosing)
lucidreaming
(loos-i-dreaming; as a noun: “lucidream”)
creaming
(from conscious dreaming)
Well eldeeing has caught on here as LDing, it is the natural way to describe it for us. Anything artificially created will never catch on.
What about lucided? (Could be pronounced like loose-SIGH-ded, but I prefer like “loosed it” like unleashed something.)
Yes, unlikely that any new word would catch on. But I’d go for:
Oning (pronounced “owning”) which is, or course, short for “oneironauting”.
“have a lucid dream” is good enough for me.
I vote for this.
Oh yea, I On all the time… 
I like it. Had to do a google search first, but I like it. 