Lifecycle is not workin - no errors

Elastic version 7.17.1
Looks like all the settings are ok, no errors but the lifecycle is not running. Not moving to warm or cold and no deletion as specified in the Index Lifecycle Policies.

{
  "lx-logs-be-01" : {
    "settings" : {
      "index" : {
        "lifecycle" : {
          "name" : "Lynxight-log-data-retention",
          "rollover_alias" : "lx-logs-be-alias-02"
        },
        "routing" : {
          "allocation" : {
            "include" : {
              "_tier_preference" : "data_content"
            }
          }
        },
        "number_of_shards" : "1",
        "blocks" : {
          "read_only_allow_delete" : "false"
        },
        "provided_name" : "lx-logs-be-01",
        "creation_date" : "1705831287358",
        "priority" : "100",
        "number_of_replicas" : "1",
        "uuid" : "bhahckMvRrCfAssa7ZFdfw",
        "version" : {
          "created" : "7170199"
        }
      }
    }
  }
}```