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No Loss Lottery Winners on July 3rd, 2022!
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@shortsegments
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No Loss Lottery Winners on July 3rd, 2022!
This is week 58
- I am happy to announce the winners for the week!
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First place: @votebetting
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Second place: @dagger212
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Third place: @evernotice.leo
Lottery Prizes for Week 58 !!
First Prize: 50 Leo which goes to #486 who is @votebetting
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Second Prize is 25 Leo which goes to #9 who is @dagger212
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Third Prize is 25 Leo which goes to #875 who is @evernotice.leo
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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 is 207 Cub, which swaps for 93 Leo ! 😀 When we subtract the lottery admin fee of 10% = 85 Leo in prizes.
@shortsegments donates 15 Leo to the pot. The prize allocation: 1st prize 50 Leo/ 2nd prize 25 Leo/ and 3rd prize 25 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 5306 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.
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So the No Loss Lottery is fun like a lottery, but smart like a Savings account.
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I call it Smart Fun!!
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If you want to start having Smart Fun send one Leo or more to @nolosslottery
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@shortsegments
Posted Using LeoFinance Beta