Our Lottery Dapp has passed all tests.
✅ We have prepared the CUE Hub and will now set up the wallets for the tokenomics:
👉 35% Staking Wallet
👉 10% Charity Fund
👉 5% Burn Wallet
✅ Our first lottery will launch on Monday @ 1 PM UTC, and you will be able to buy ticket(s).
✅ The lottery uses a fair distribution/winner policy:
👉 Participants can buy as many tickets as they want.
👉 Each ticket equals 1 entry in the lottery draw.
👉 This means if you buy 5 tickets, you will have 5 chances to win.
�� Initially, the lottery will pick 5 random winners, although if the prize pool grows large enough, we can increase this or even decrease this in future lotteries.
👉 All 5 winners will evenly share the prize pool. This ensures we do not get one huge winner and makes the lottery more attractive as more participants become winners.
👉 The duration of the lottery largely depends on participation levels. High participation will mean shorter lotteries, and low participation will mean longer lotteries to accrue more entries.
We can also have votes to change any of the lottery settings as it evolves.