> For the complete documentation index, see [llms.txt](https://mars-protocol.gitbook.io/mars-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mars-protocol.gitbook.io/mars-protocol/extras/lockdrop.md).

# Lockdrop

To function properly, MARS tokens must be distributed to knowledgeable and active participants throughout the Terra ecosystem. The Mars two-phase Mars lockdrop and token launch was designed to do that. To learn how it works, please refer to this article: <https://mars-protocol.medium.com/mars-distribution-plan-the-mars-token-launch-lockdrop-and-more-9f6d2dc0995c>​

### Lockdrop FAQs <a href="#lockdrop-faqs" id="lockdrop-faqs"></a>

<details>

<summary><strong>Is there a maximum number of tokens you can deposit in Phase 1 or Phase2?</strong></summary>

No.

</details>

<details>

<summary><strong>Can I create more than 1 lockdrop position in Phase 1?</strong></summary>

Yes. You can create up to six lockdrop positions (one for each available lockdrop duration of 3, 6, 9, 12, 15 and 18 months).

For complete details on the lockdrop, refer to this article: <https://mars-protocol.medium.com/mars-distribution-plan-the-mars-token-launch-lockdrop-and-more-9f6d2dc0995c>

</details>

<details>

<summary><strong>Is Mars audited for security?</strong></summary>

Yes. Mars smart contract code has been audited by [Halborn Security](https://twitter.com/HalbornSecurity) and [Oak Security](https://twitter.com/SecurityOak). Audits can be found here: <https://github.com/mars-protocol/mars-audits>

</details>

<details>

<summary>Are there risks involved in participating in the lockdrop?</summary>

Yes. Terra and Mars are experimental technologies. Please be sure to read the [Mars Disclaimers](https://mars-protocol.medium.com/mars-disclaimers-disclosures-f44cc7c54a33) for more information.

</details>

<details>

<summary>Where can I see my airdrop?</summary>

Airdrops for LUNA stakers will be shown in Phase 2 of the lockdrop, where they can be used in the bootstrapping auction. \
\
Users who do not participate in Phase 2 will be able to claim and transfer their MARS airdrop when the protocol fully launches around March 7, 2022.

</details>

<details>

<summary>Does UST in the lockdrop generate yield?</summary>

In addition to the MARS reward, UST in the lockdrop does generate token yield from Mars smart contract borrowers, with rates determined by borrowing demand.

</details>

<details>

<summary>Will I receive more MARS rewards if I lock UST at the very beginning of the lockdrop period?</summary>

There is no difference in terms of rewards between locking your UST at the beginning or end of the lockdrop period.

</details>
