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 tokens, and every participant plays a role in driving their community's success.
How it works
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.
Community Participation – Invite your community or fellow holders to lock tokens too. The more tokens locked, the higher your project climbs the leaderboard.
Snapshot & Rewards – At the end of each season, a snapshot captures 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 Periods: Specific dates for each season determine which locks count toward the 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?
1st: Up to 30% of the maximum prize pool
2nd: Up to 20% of the maximum prize pool
3rd: Up to 10% of the maximum prize pool
4th-5th: Up to 5% each
The remaining rewards go to the remaining top 15 tokens.
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.
Other Important FAQs
Tokens must have a name, symbol, and price to qualify.
A network fee of 0.0247 SOL and a 0.19% app fee apply to locks.
Only locks within the competition period count.
Tokens locked through Lock Wars cannot be unlocked until the end of the lock period.
Tokens may take up to 10 minutes to appear on the leaderboard, while Lock Wars interface updates within 30 seconds.
Streamflow reserves the right to remove tokens or wallets that attempt to abuse the system.