LuckBlocks - Decentralized Raffles
Introduction
Last updated
Introduction
Last updated
Introducing Luckblocks - an innovative and one-of-a-kind raffle lottery built on the Polygon blockchain. With Luckblocks, you can earn USDT by supporting and running the decentralized auto draws, while hitting the jackpots can earn you BTC,ETH,POL and CRANNI.
To ensure true randomness, we use Chainlink VRF 2.0 nodes to generate the results, which can be verified by anyone. The winner number is based on ticket position, and the winner ticket ID is selected by checking the raffle list, which contains information about the ticket owner.
When you buy a ticket for the daily lottery, you automatically get another entry into the weekly lottery for free. If the minimum number of participants or pot value is not reached within the day or week cycle, the prize accumulates and tickets are carried over for the next cycle.
Every draw runs on-chain by the NFTnodes (Cranni Societas) - a community of peers and nodes. To participate, owners need to stake their NFTs in our smart contract and configure automation in their preferred way. Executors of the lottery draw will be paid 2% of every ticket sold for the daily lotteries with NFTnodes Common, and 9.50% of the weekly lotteries jackpot with .
The beauty of Luckblocks is that it is self-sustainable and does not require centralized support. By using smart contracts, Luckblocks can run indefinitely without any developer maintenance. The Dapp is open-source and available under the GNU license. We also have an IPFS version for censorship resistance and decentralization of the frontend.
Join Luckblocks today for a chance to win big and support a sustainable and decentralized future for lotteries!
At Luckblocks, buying a ticket not only gives you a chance to win big on the daily lottery but also increases your chances of winning by signin you to the weekly lottery. Here's how it works:
Each ticket you buy is distributed in the following way:
47.5% goes to the daily lottery
47.5% goes to the weekly lottery
2% goes to the CRANNI-POL LP Stakers Pool
2% goes to the NFTnodes executor
1% goes to the platform
We offer four choices in lotteries/raffles with varying prices and difficulty levels:
BTC: $1 price, $20 minimum pot value to draw, and 20 contract tickets.
ETH: $5 price, $50 minimum pot value to draw, and 10 contract tickets.
POL: $10 price, $100 minimum pot value to draw, and 5 contract tickets.
CRANNI: $15 price, $200 minimum pot value to draw, and 2 contract tickets.
If the Luckblocks contract wins the raffle, the jackpot accumulates and is distributed internally in the following way:
25% goes to the storage for the next draws minimum prize fill and minimum payment to NFTnodes
60% goes towards the next draw prize jackpot
15% goes to the weekly lottery prize jackpot.
Before the draw time tickets can be cancelled/refunded to get back 75% of ticket value.
Don't miss your chance to be a part of the Luckblocks community and win big with decentralized lotteries!
NFTnodes, also known as Cranni Societas, is a community of peers/nodes that plays a crucial role in the operation of Luckblocks. As the holders of the NFT Collection, they are responsible for running each and every draw on-chain. In order to provide this service, Cranni Societas holders must stake their NFTs in our smart contract and configure automation in their preferred way, such as VPS servers or Gelato, to be part of the payment queue.
By participating in this service, the executor node for that draw will receive a 2% reward of every ticket sold if drawing the daily lotteries with NFTnodes Common, and a 9.50% reward of the weekly lottery jackpot if drawing the weekly lotteries with NFTnodes Golden. This incentive model not only encourages participation from the community but also ensures the smooth operation of the platform without the need for developer maintenance or centralized support.
In short, NFTnodes is an integral part of the Luckblocks ecosystem, providing decentralized and reliable support for the platform's lottery draws.
As a CRANNI token holder, you can benefit from the success of Luckblocks by holding CRANNI-POL LP and staking on the luckblocks.com pool. You'll receive a share of the monthly revenue generated by ticket sales. Additionally, holders of 888 CRANNI tokens or more will receive a 20% discount on all lottery tickets, giving you even more incentive to market and use Luckblocks.
They can also govern changes like amount of CRANNI tokens needed for discount bonus and other changes within Luckblocks system.
Luckblocks fills the decentralized Liquidity Mining Pool from CRANNI Ecosystem that rewards users with stablecoin for their participation. The pool is sustained by a 2% fee from each ticket bought, so users can participate in Luckblocks revenue by providing liquidity to the CRANNI-POL LP in Sushiswap dex and staking their LP token in the pool.
Buying 10 or more tickets on same transaction will grant you 5% discount on top of total cost, with a total of 25% discount if holding 888 CRANNI , meaning that it can earn a even better return on raffle wins.
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Join us today and start earning from decentralized lotteries! More info on CRANNI Token
The rewards are dynamic and depend on the lottery revenue within a period of one month. More info in this Link:
