How LWA Works — Verifiable Randomness & Keep / Redeem / Relist | LWA
PROTOCOL FLOW

How LWA works

From creator funding to your settlement choice — every state transition below is enforced on-chain, with fail-safe branches when randomness or backing misbehaves.

CREATOR FUNDS PACKinventory + backing + bond PACK ACTIVEvalidated · odds public USER OPENS PACKpayment locked VRF RANDOMNESSverifiable · retry logic ALLOCATEDitem assigned KEEPasset → your wallet REDEEMbacking paid out RELISTback to inventory + fees RECOVERYtimeout → refund
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ON-CHAIN GUARANTEE
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Pack lifecycle states

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PAUSED restricts only the affected scope; CLOSED stops new opens while pending settlements finish; CANCELLED refunds creators before activation. Every transition emits an indexed event.