About Lotto.finance
An immutable financial experiment that automatically enters all token holders into a weekly token lottery. Lotto.finance is a new type of lottery token that automatically enters all holders into a lottery once per week. In one transaction, LOTTO performs a unique rebase that removes 10 tokens from all holders, pools those tokens together, and gives them to one random participant.
Lotto.finance is airdropping free LOTTO tokens to users who’ve met certain conditions. Top 50 DeFi token holders, Upfiring (UFR) holders, PoolTogether users and users who’ve registered for the airdrop via Telegram and 4Chan are eligible to claim up to 2,000 LOTTO.
How To Join Lotto.finance Airdrop
First Step
Visit the LOTTO airdrop claim page.
Second step
Connect your Metamask wallet.
Third Step
If you’re eligible, then you will be able to claim your tokens.
Fourth Step
A snapshot was taken on January 18th, 2021 at 6 AM EST.
Fifth Step
Top 50 DeFi token holders mentioned in the below Medium article, Upfiring (UFR) holders, PoolTogether users and users who’ve registered for the airdrop via Telegram and 4Chan are eligible to claim the rewards.
Six Step
Top 50 DeFi token holders can claim 400 LOTTO tokens.
Seven Step
Upfiring (UFR) holders who had at least 1 UFR on the snapshot date can claim 2,000 LOTTO.
Eigth Step
Users who’ve ever bought a ticket on PooTogether can claim 400 LOTTO and users who’ve interacted with the PoolTogether V2 contract can also claim 400 LOTTO.
Nine Step
Telegram and 4Chan users who’ve registered for the airdrop are also eligible to receive 400 LOTTO.
Ten Step
For more information regarding the airdrop and to see the full list of eligible projects, see this Medium post.
How it works
Get LOTTO Tokens
If you’re eligible, claim tokens from the airdrop or get them on an exchange like Uniswap.
Wait For Lottery
Lotto.finance holders will have the entry fee automatically deducted from their wallets through LOTTO’s unique startGame() function. No action is required from users in order to participate- simply hold LOTTO in your wallet!
Check Your Wallet
If you win, the jackpot LOTTO will automatically appear in your wallet!
LOTTO is an adaptive financial experiment
The Lotto.finance token is specifically designed to alter the supply distribution by removing an equal number of tokens from all holders’ wallets simultaneously, and then distribute these tokens to one LOTTO holder at random. This lottery process occurs once per week.
A lottery that can’t be stopped
Lotto.finance is immutable, meaning that the lottery will run every week and no third party can stop it from occuring. After 6 days and 23 hours has passed, anyone can call the startGame() function to commence the lottery. Governance is in the process of being implemented to give the community control over an address that will receive a small tax from each week’s lottery. This will ensure gas fees are covered for whoever initiates the lottery each week.
Lotteries Take Place
The function startGame() will be called once per week- every Sunday at 7 PM EST. This will run the lottery function, which takes 10 LOTTO from all users balances, pools it together, and distributes it to one user at random. The user does not need to do anything to participate in the lottery besides hold LOTTO in their wallet.
Lotto Token
Lotto.finance was distributed for free via airdrop, and can be claimed by DeFi token holders in the Claim Portal. The full list of eligibility requirements can be seen in the portal as well. In addition, LOTTO iis available on Uniswap, Bilaxy, and will be listed on several other centralized exchanges in the future.Is LOTTO decentralized?Can They split my LOTTO into multiple accounts once They receive it to increase my chances of winning the lottery?
Disclaimer:
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