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⚔️Lock Wars Terms & FAQs
⚔️Lock Wars Terms & FAQs

Frequently asked questions about Lock Wars

Updated this week

What is Lock Wars?

Lock Wars is a time-limited token locking competition hosted on Streamflow's app. Projects and their communities compete to lock the most tokens, with rewards distributed based on Total Value Locked (TVL).

The wallets that locked the top 20 tokens with the highest TVL by the end of the competition may win up to 1M STREAM token, and every participant plays a role in driving their community's success.

How it works

  1. Lock Tokens
    Lock tokens through the Streamflow app, either using Lock Wars or Token Lock feature. Once locked, your token's value is added to the leaderboard.

  2. Community Participation
    Invite your community or fellow holders to lock tokens too. The more tokens locked, the higher your project climbs the leaderboard.

  3. Snapshot & Rewards
    On January 9, 2025 at 16:00 UTC, a snapshot will capture the final leaderboard. The top 20 tokens by TVL may earn a portion of the STREAM token rewards.

Eligibility requirements

  • Lock duration: Minimum of 1 month (non-cancellable).

  • Competition period: Only the locks made between December 10, 16:00 UTC and January 9, 2025, 16:00 UTC count towards the Lock Wars Leaderboard.

Disclaimer

Streamflow reserves the right to remove token or wallet at our own discretion if there's evidence they're abusing or gaming the system.


What are the prizes for the top communities that lock their tokens in Lock Wars?

The 20 tokens with most TVL locked on January 9, 2025, 16:00 UTC may have the rewards (up to 1M STREAM) distributed to the wallets that locked them in the following fashion:

  • 1st: up to 30% of the final prize pool

  • 2nd: up to 20% of the final prize pool

  • 3rd: up to 10% of the final prize pool

  • 4th: up to 5% of the final prize pool

  • 5th: up to 5% of the final prize pool

The remaining unlocked rewards may go the remaining top 15 (out of 20) tokens competing in the Lock Wars.


How is the Lock Wars prize pool generated?

For every $100 of TVL the wallets lock during the competition, the prize pool will increase by 1 STREAM, capping at 1M STREAM tokens.

The final Lock Wars prize pool is generated either when the prize pool grows to 1M STREAM tokens, or on the cutoff date, on January 9, 2025, 16:00 UTC.


When will I get my reward?

The first 20% of the allocated rewards will be distributed to the winning wallets on January 15th, 2025, at 13:00 UTC.

The remaining 80% of the allocated rewards will begin to unlock dynamically on March 18th, 2025, at 13:00 UTC.


How do the tokens get distributed?

The wallets that locked the top 20 tokens in Lock Wars earn 1 STREAM per $100 of TVL they locked during the competition, up to the total maximum amount according to their token community's ranking in the Leaderboard.


Which tokens qualify for the Lock Wars competition?

To qualify for the Lock Wars competition, a token needs to have a name, symbol and a price.


What are the fees to lock the tokens in Lock Wars?

The only fees to lock the tokens in Lock Wars is the 0.01061 SOL network fee to create a token lock contract.

The tokens locked through the Streamflow app still come with a regular 0.19% Streamflow app fee, and the 0.01061 SOL network fee to create a token lock contract.


I locked my token before the Lock Wars started. Do these tokens count toward the competition?

No. The only tokens that count toward the Lock Wars competition are the ones locked between December 10, 2024, 16:00 UTC and January 9, 2025, 16:00 UTC


I locked my tokens for less than a month. Am I eligible to compete in the Lock Wars?

No. The minimum duration to lock the tokens and have them participate in Lock Wars is 1 month.


I need to unlock the tokens I locked through Lock Wars. How do I do it?

The tokens locked through Lock Wars cannot be unlocked until they are unlocked through the contract at the end of the lock period.


How do I help my token win in Lock Wars?

The only way for your token to win the Lock Wars is to be in the top 20 tokens by Total Value Locked on January 9, 2025 at 16:00 UTC.

To increase the chances of your token winning by sharing and promoting Lock Wars with the other holders of your token.


Why is my token not showing up in the Lock Wars Leaderboard?

Only tokens locked during Lock Wars will show up on the leaderboard. If your token hasn’t been locked yet, you’ll need to lock it first using the Streamflow app.

  • Tokens locked through the Streamflow app may take up to 10 minutes to appear on the leaderboard.

  • Tokens locked directly through the Lock Wars interface update within 30 seconds. This is to keep the network running smoothly.

NOTE: Regular app T&C and network fees apply for using the Streamflow app.

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