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No Loss Lottery Winners for Week 57 on June 26th, 2022:

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No Loss Lottery Winners on June 26th, 2022!

This is week 57

  • I am happy to announce the winners for week #57 on June 26th, 2022!

Lottery Prizes for Week 55 !!

First Prize: 50 Leo which goes to #832 who is @eirik

. .

Second Prize is 15 Leo which goes to #2600 who is @marshmellowman

. .

Third Prize is 15 Leo which goes to #4447 who is @moretea

. .

Congratulations to the winners!

The prizes were already sent out via wallet transfer and a screen shot is below:

The Prize Money is derived from ticket purchase, which is invested in Cubfinance.

This weeks total liquidity pool earnings on Cubfinance Cub-BUSD pool are in Cub, which swaps for Leo ! 😀 When we subtract the lottery admin fee of 10% = Leo in prizes. The prize allocation: 1st prize 50 Leo/ 2nd prize 15 Leo/ and 3rd prize 15 Leo.

How is the Winner Determined?

Each ticket is assigned a number in a ledger, and then a random number generator is used to generate numbers between 2 and 5152 the total number of tickets sold so far.

The prizes are sent out via wallet transfer

What is the No Loss Lottery

  • A prize linked savings account.
  • One Leo sent to the @nolosslottery wallet buys you one ticket, which is entered into the lottery in your name.
  • The more tickets you buy, the greater your chance of winning.
  • But if you don’t win, you are automatically entered into next weeks lottery.
  • And when you want your Leo back you just send a wallet memo to @nolosslottery the account which processes the Leo deposits.
  • So the No Loss Lottery is fun like a lottery, but smart like a Savings account.

  • I call it Smart Fun!!

  • If you want to start having Smart Fun send one Leo or more to @nolosslottery

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@shortsegments

About @shortsegments

Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance for over four years.

He is also a project builder, with two current projects:

  • No Loss lottery, a prize linked savings account here on Hive, which awards more the 100 Leo in prizes weekly, and which recent surpassed 5000 tickets sold. @nolosslottery
  • Easy DeFi, which creates a community investment pool allowing community members to invest in the Cubfinance DeFi project created by a known Hive Community member and whose code is audited and modeled after PanCakeSwap, the largest and perhaps safest project on Binance.
  • This allows pool members to benefit from being liquidity providers and earning high APR yields as high as 128% on their investment capitol.
  • Cubfinance is the Hive communities home grown Yield Farm and is audited by CertiK, a third party which certifies DeFi projects on Ethereum, Binance and polygon ecosystems.

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