Buying Tokens

A complete guide to purchasing tokens on Streamlock.

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Before You Buy

Make sure you have:

• Wallet connected to Streamlock

• Sufficient SOL for purchase + fees

• Wallet set to correct network (Devnet)

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Step-by-Step Guide

1. Find a Token

Navigate to the Markets page and browse available tokens. Each listing shows:

• Token name and symbol

• Current price

• Target price (Siren tokens)

• 24h volume and price change

Click on a token to open its trading page.

2. Review Token Details

On the token page, check:

Info	What to Look For
Current Price	What you'll pay per token
Target Price	When tokens fully unlock (Siren)
Progress	How close to target (percentage)
Your Position	Any existing streams you have

3. Enter Purchase Amount

In the Buy panel:

1. Enter the amount of SOL you want to spend

2. See the estimated tokens you'll receive

3. For Ulysses tokens: Enter your desired target price

4. Review the Quote

Before confirming, review:

You Pay:        1.0 SOL
You Receive:    ~50,000 TOKEN
Target Price:   0.001 SOL (Siren) or your choice (Ulysses)
Fees:           ~0.02 SOL (2%)
Slippage:       0.5%

5. Confirm Purchase

1. Click Buy

2. Your wallet will prompt for approval

3. Review transaction details in wallet

4. Approve the transaction

5. Wait for confirmation (usually 2-5 seconds)

6. View Your Stream

After purchase:

• Go to My Streams

• Find your new position

• See unlock progress and withdrawable amount

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Understanding Fees

Buy fees are dynamic based on price progress:

Price Progress to Target	Buy Fee
Far from target (0-50%)	~1%
Approaching (50-80%)	~3%
Getting closer (80-95%)	~8%
Near target (95-100%)	~15% (cap 20% with epoch pressure)

Higher fees near target price discourage late FOMO buying.

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The 1% Holding Limit

Streamlock enforces a 1% maximum per address in price-gated streams:

If your purchase would exceed 1%:

• Up to 1% goes into your price-gated stream (normal unlock mechanics)

• Excess goes into a 67-day time-locked position

• You still receive all tokens, just with different unlock conditions

This prevents whales from dominating token supply.

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Tips for Better Buys

Set Realistic Targets (Ulysses)

• Too low: Unlocks fast but misses upside

• Too high: May never unlock

• Sweet spot: A milestone you genuinely believe will be hit

Consider Slippage

• Default slippage is 0.5%

• Increase for large buys or volatile tokens

• Too high slippage = worse price execution

Buy in Tranches

• Multiple smaller buys instead of one large buy

• Reduces slippage impact

• Allows different target prices (Ulysses)

Time Your Entry

• Check recent price history

• Avoid buying during high volatility

• Epoch caps reset every 5 minutes

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What Happens After Purchase

Your tokens are now in a Streamflow escrow:

1. Locked: Tokens held until price conditions met

2. Monitored: Oracle tracks current vs target price

3. Progressive Unlock: Tokens unlock as price approaches target

4. Your Choice: Withdraw or sell when ready

You haven't "lost" your tokens - they're safely escrowed and will unlock based on market performance.

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Troubleshooting

"Transaction Failed"

• Check SOL balance (need enough for tokens + fees)

• Increase slippage tolerance

• Try a smaller amount (epoch cap may be hit)

"Insufficient Liquidity"

• The pool doesn't have enough tokens

• Try a smaller purchase

• Wait for others to sell

"Price Changed"

• Market moved during transaction

• Increase slippage or retry quickly

"No Quote Available"

• Refresh the page

• Check if token is still active

• Network may be congested

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Next Steps

• Selling Tokens - Learn how to exit positions

• Target Price & Unlocks - Understand unlock mechanics

• Fee Structure - Full fee breakdown