February 17th, 2022

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.