Lottery
Last updated
Last updated
Good to know: your product docs aren't just a reference of all your features! use them to encourage folks to perform certain actions and discover the value in your product.
Before we do that, let's look at the following questions What is a blockchain lottery? Lottery is a type of gambling game that involves a large amount of luck. In all lotteries, players must draw a series of numbers in order to have a chance of winning a prize. However, the traditional lottery industry faces many challenges, some of which are easily solved by blockchain technology. One of the key challenges that will be solved by blockchain is the fairness of the game. With blockchain-based lotteries, the entire data about participants, draws, and winners is recorded in a ledger and is publicly verifiable, making the entire process highly transparent.
Dream Finance Lottery is a lottery in which you can participate with one DFT, which opened on March 23, 2022. It is blockchain-based, so you can use it safely without worrying about fraud. Tickets can be purchased an unlimited number of times (only 50 tickets can be purchased at a time), and buyers are given a randomly assigned 4-digit number. If all four winning numbers match the ticket numbers purchased in the correct order, the jackpot is 50%, or half of the lottery pool. However, if there is more than one winner, the jackpot will be split.
If not all numbers match, but at least two or more match in the correct order, you will be paid. 80% of the lottery pool will be distributed as prize money, and the remaining 20% will be burned. 60% of the pot will be carried over to the next session if the first prize is not awarded. The following is a list of the most popular and most popular events in the world. A transaction fee will be charged for each ticket purchased. The same applies when claiming your winnings if you win.
In Dream Finance, the prizes for each lottery round come from three sources:
100% of the PB paid by people buying tickets that round goes back into the prize pools.
After every round, if nobody wins in one of the prize brackets, the unclaimed PB for that bracket rolls over into the next round and are redistributed among the prize pools.
An average total of 35,000 PB from the treasury is added to lottery rounds over the course of a week. This PB is of course also included in rollovers!
