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Feb 17

Introducing Locke Protocol

What is Locke?Locke is a generalized platform that enables protocol-facilitated token distribution. By platform, we mean a marketplace made up of numerous two-sided markets—each with a protocol or DAO on one side, and individual market participants on the other. Locke implements streaming auctions, an efficient and equitable price discovery mechanism that can be viewed as a special case of a TWAMM. Locke streaming auctionHow do streaming auctions work?The basic structure of a streaming auctio...

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a platform for fair and efficient token distribution

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