Lottery

Lottery is a very interesting application, users can make very large profits at very low cost, and this return can reach an astonishing 990 times, yes you heard that right.

It helps us increase traffic to our website and is an effective means for us to burn REC.

Lottery Mechanism

There are currently three prizes in the lottery

99 REC Bonus: When the total number of lottery tickets purchased reaches 110, the lottery will be drawn immediately

495 REC Bonus: When the total number of lottery tickets purchased reaches 550, the lottery will be drawn immediately

990 REC Bonus: When the total number of lottery tickets purchased reaches 1100, the lottery will be drawn immediately

Users can buy a lottery ticket with a REC and get a random number. When the lottery number matches your number, you will get the corresponding reward. Of course, you can also buy more lottery numbers to increase your odds of winning.

You will find a rule that the lottery prize is 90% of the total lottery purchase, so how is the other 10% distributed?

• Burn: 5%

• Prize Pool: 1.8%

• Sharing reward: 1.4%

• Node reward: 1.2%

• Development & Maintenance: 0.3%

• Staking reward: 0.3%

Specifics:

• Lottery ticket cost for 1 ticket: 1 REC token.

• Individual user Lottery entry limit: No overall limit.

• Paying for one ticket will give users a random combination with each digit being between 0-9, for e.g. “0198”. Match the lottery numbers to win prizes.

• Lotteries use random draws for true fairness.

Prize Pool

The prize pool is another reward for lottery participants. Assuming that a total of 1 million lottery tickets are sold today, 18,000 REC tokens will enter the prize pool, and the prize pool will accumulate once a day.

We will rank according to the number of lottery tickets purchased by users that day

The first place will receive 50% of the prize pool

The second place will receive 20% of the prize pool

The third place will receive 9% of the prize pool

The fourth-tenth place will receive 3% of the prize pool