No Loss Lottery Winners on July 17th, 2022!
This is week 60
- I am happy to announce the winners for the week!
Lottery Prizes for Week 60!
First Prize: 100 Leo which goes to #4766 who is @sodomlv
Second Prize is 20 Leo which goes to #5027 who is @vempromundo
Third Prize is 20 Leo which goes to #5278 who is @eirik
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 100 Leo and 2nd prize and 3rd prize are the remaining Leo earnings over 100 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
Posted Using LeoFinance Beta