Lockon product rules

One-line model

Riders trade against a Host. On Rider / Host markets, the default fee is 1% on buy and 1% on sell in Host token — split 50% Host burn / 30% deployer / 20% treasury. That treasury 20% (Host token — early: LPEPE) is sold for SOL: 50% of the SOL buys and burns $LOCK; 50% first reserves enough SOL gas for protocol burns, Host sells, and reward distributions, then the remainder buys $LOCK for holder rewards.

$LOCK trades are different: 1% buy and 1% sell, and 100% of those fees go to the protocol treasury — no Host burn, no deployer share, and no 50/30/20 split.

Early Host growth: a Rider with pool liquidity above 20 SOL (SOL-equivalent depth) qualifies to become a Host — no sustained 48h / 72h hold. Auto-upgrade / eligibility is the main path; a light confirm verifies mint and pool once eligible.

Confirm Host ≠ Launch Rider. Hosts are quote / burn surfaces. $LOCK is the protocol flywheel coin — not a Host.

Roles

Host ≠ $LOCK. LOCKED PEPE / LPEPE (or any registered Host) is a quote / burn target. $LOCK is the Lockon Token, and $LOCK trades do not use the Rider 50/30/20 fee split.

Stack layers & dual-role

Hosts sit under Riders that quote them. A Rider with pool liquidity above 20 SOL may become a Host and host the next layer. Each token can host up to two layers of Riders. The same token can be both Host and Rider (dual-role).

1. Layer 0 — base Host (e.g. LPEPE), pool depth above 20 SOL.
2. Layer 1 — Riders quoted vs that Host.
3. Layer 2 — a Layer-1 Rider that clears above 20 SOL becomes a Host; new Riders quote it (second Rider layer).

• Two layers of Riders max per token; dual-role OK on token detail (show Hosted Riders + Hosted by).
• Badge wording for eligible Riders: Upgradeable to Host.
• Eligibility / auto-upgrade and Launch remain different paths; Confirm Host is a light verification step, not a separate liquidity gate.

Rider → Host (early phase)

A Rider with pool liquidity above 20 SOL (SOL-equivalent depth) qualifies to become a Host.

Early phase prioritizes growth: more Hosts are better than only LPEPE. There is no sustained 48-hour or 72-hour hold requirement to earn Host status.

• Eligibility: pool liquidity above 20 SOL (SOL-equivalent depth) on the Rider’s market.
• Main path: auto-upgrade / eligibility when that depth clears — not a heavy manual Register gate above 20 SOL.
• Light confirm: if you use Confirm / Register Host, it verifies mint and pool once you are already eligible — it is not a second hard liquidity bar.
• Not required early: long sustained liquidity holds (no 48h / 72h Host warm-up hold).

Confirm Host (light verification)

In the early phase, eligibility is the main path: pool liquidity above 20 SOL qualifies a Rider (or off-site mint) to act as a Host. Confirm / Register Host is a light verification of mint and pool once eligible — not a separate hard gate above 20 SOL, and not a long sustained-liquidity hold. Protocol revenue comes from Rider trade fees, not from confirmation.

Open Confirm Host

Launch Rider rules

Create a new Rider quoted in LPEPE (mint + LPEPE pool). This is not Register Host / Genesis Host.

• Create on Lockon — mint + constant-product pool quoted in LPEPE.
• Quote token: LPEPE (LOCKED PEPE).
• Blocked until the off-site LPEPE mint is registered as Host.
• No “Launch with SOL / $LOCK” funding toggle.
• A good Host backs its Riders and helps grow their communities.
• Later, a Rider with pool liquidity above 20 SOL qualifies to become a Host (early: no 48h/72h hold; light confirm). Two Rider layers max; dual-role OK. Failure remap = LPEPE.

Open Launch

Confirm Host ≠ Launch Rider

Rider / Host trade fees → Host burn / deployer / treasury

These rules apply to Rider / Host markets only — not to $LOCK itself. Rider trades settle against the Host token. Default fee is 1% on buy and 1% on sell (1% on buy + 1% on sell), paid in Host token. Each side’s 1% is then split:

Of that Rider / Host treasury 20%

The 20% share is taken in Host token (early: LPEPE) and sold for SOL. Of the resulting SOL:

On Rider / Host markets, the 1% rate applies per side — buy and sell each take 1%. Enforced on Lockon Rider/LPEPE pools. Treasury Host is converted to SOL first. Cold start: the team may seed the treasury with SOL for gas until fee flow is self-sustaining. $LOCK own fees stay 100% treasury (no 50/30/20).

Worked example (Rider / Host)

Per-side notional (one buy or one sell) = 1,000,000 Host units. A round-trip pays 1% + 1%. This example is not the $LOCK market.

Genesis Host LPEPE (LOCKED PEPE) / SOL
         ▲
         │ quote + direct burn (50% of each 1%)
Rider volume ──fee(Host 1% buy + 1% sell)──► Deployer (30%)
                                         └──────────────► Treasury (20% Host)
                                                               │
                                                         sell Host → SOL
                                                               │
                                               ┌───────────────┴───────────────┐
                                               ▼                               ▼
                                    50% SOL → buy $LOCK → burn    50% SOL → reserve gas for
                                                              protocol burns, Host sells,
                                                              reward distributions; remainder
                                                              buys $LOCK → holder rewards
                                    (~10% of each side’s fee)     (~10% of each side’s fee)

• Rider / Host default fee: 1% on buy and 1% on sell (both sides), split 50 / 30 / 20
• Host deflation: direct burn from Rider fees (50% of each 1%)
• Treasury conversion: the 20% Host share is sold for SOL
• $LOCK deflation: 50% of that SOL buys and burns $LOCK
• $LOCK holder rewards: the other 50% of SOL first reserves gas for protocol burns, Host sells, and reward distributions; remainder buys $LOCK for holders
• Cold start: team may seed the treasury with SOL for gas until fees cover it
• Business coupled, identities separate

$LOCK market fees

$LOCK is the Lockon Token, not a Host and not a Rider. Its buy and sell fees are not split 50 / 30 / 20.

Do not apply the Rider 50/30/20 split to $LOCK trades. Only the Rider / Host treasury 20% (sold for SOL) funds the burn / reward split above. $LOCK fees stay 100% in treasury.

$LOCK buy or sell
         │
         └── 1% fee ──► Protocol treasury (100%)
                        no Host burn · no deployer · no 50/30/20

$LOCK holder rewards

Funded by the Rider / Host treasury reward half: treasury Host token (early: LPEPE) is sold for SOL; 50% of that SOL first reserves enough gas for protocol burns, Host sells, and reward distributions, then the remainder buys $LOCK for holders (~10% of each side’s Rider / Host fee before gas). $LOCK buy/sell fees do not feed this split — they go 100% to treasury (no 50/30/20). Cold start: the team may seed SOL for gas until fee flow is self-sustaining. Every 1 hour, the pot opens and the protocol automatically sends $LOCK evenly over that hour — payout activity every minute across 60 minutes. There is no manual claim. The other half of treasury SOL buys and burns $LOCK.

• Cadence: pot / round opens every 1 hour
• Stream: within that hour, rewards are sent evenly over time so there is payout activity every minute (auto-send $LOCK, not SOL)
• Min pot: distribute only if pot ≥ 50,000 LOCK; otherwise roll into the next hour
• Eligibility order:
  1. Start from holders with balance > 100,000 LOCK
  2. Drop trading pool / AMM / LP vault addresses (Raydium, Orca, Meteora, pump curve vaults, and other known pool/vault ATA owners) — never pay pools
  3. Drop wallets with continuous hold ≤ 6 hours
  4. Rank the remaining set by balance → take Top 1000 only
  5. Top 1000 cutoff: the LOCK balance of the #1000 eligible holder (minimum balance to be in the current Top 1000 after the filters above) — shown on the homepage as Top 1000 cutoff: XXX,XXX LOCK
• Dust: payouts below a small floor roll into the next hour
• Delivery: auto-send only (no claim CTA). Prefer sending only to wallets that already have a $LOCK ATA so the protocol does not pay rent to create accounts
• Burns: Rider / Host treasury buyback burns of $LOCK are shown on the homepage $LOCK market block; tap for explorer txs. That block also states $LOCK trade fees go 100% to treasury
• UI: homepage shows hourly cycle + per-minute stream; Latest payout list updates about every 1 second (keeps 3 rows, explorer links); burn totals on the $LOCK market block

Homepage may mention the Rider / Host reward share once; full fee math remains in the Rider / Host and $LOCK fee sections above.

Lifecycle

1. Host eligibility — pool liquidity above 20 SOL · plain mint · early: no 48h/72h hold · light confirm once eligible
2. Host ready — mint / pool verified; open for Rider launches
3. Launch Rider on Lockon — Quote: LPEPE (Host)
4. Good Host support — backs its Riders and helps grow their communities
5. Trade Rider — priced against Host token
6. Rider / Host: 1% fee on buy and on sell in Host — split 50 / 30 / 20 per side
7. Rider / Host treasury 20% → sell Host for SOL → 50% buy & burn $LOCK + 50% reserve gas for burns / Host sells / distributions, remainder buy $LOCK for holder rewards (cold start: team may seed SOL)
8. $LOCK trades: 1% buy + 1% sell · 100% to treasury (no Host burn, no deployer, no 50/30/20)
9. Optional later: Rider above 20 SOL → Host (two Rider layers max)
10. If Host liq < 20 SOL: Riders migrate to LPEPE

Overview diagram

Combined Rider / Host flow: Host quoted by Rider → 50/30/20 fee split → Host burn / deployer / treasury → treasury Host sold for SOL → burn half + gas for burns/Host sells/distributions then reward half. Separate: $LOCK market fees go 100% to treasury. Riders above 20 SOL may become Hosts (early; light confirm).

Product copy anchors

• Rider → Host (early) — pool liquidity above 20 SOL qualifies; no 48h/72h hold; auto-upgrade / eligibility is the main path
• Confirm Host — light verification of mint/pool once eligible; not a second hard gate above 20 SOL
• Launch Rider — Lockon · Quote LPEPE
• Upgradeable to Host — badge on Riders that clear above 20 SOL
• Two layers of Riders — each token can host up to two Rider layers
• A good Host backs its Riders and helps grow their communities — Good Host support
• Rider / Host: 1% buy + 1% sell — paid in Host; split 50% Host burn / 30% deployer / 20% treasury
• Rider / Host treasury 20% — sell Host for SOL; 50% buy & burn $LOCK; 50% reserve SOL gas for protocol burns, Host sells, and reward distributions, then buy $LOCK for holder rewards
• Cold start gas — team may seed the treasury with SOL until fee flow is self-sustaining
• $LOCK market: 1% buy + 1% sell — 100% to treasury; no Host burn, no deployer share, no 50/30/20
• $LOCK holder rewards — every 1h · stream every minute · >100k LOCK → exclude pools/vaults → exclude hold ≤6h → Top 1000 · ≥50,000 LOCK pot · dust rolls · auto-send $LOCK · no claim
• Dual-role pages: show Hosted Riders and Hosted by when both apply
• Liq drop remap — Host below 20 SOL → Riders migrate to LPEPE

Open / deferred: exact on-chain fee math vs pool take; treasury Host→SOL routing and gas-reserve sizing. Product rules above are not audited-contract claims.