Overview
1 ticket = 1 BUSD which is different from others in the market that users will have to use the platform token to buy the tickets
Single User Lottery Entry Limit : No overall limit, but only 50 can be bought at one time through OctaX.finance
Users will get to choose their own digits (4 digits)
How to Win Lottery?
To win the lottery jackpot (60% of the entire lottery pool), users need to match all 4 numbers on their ticket in the exact same order as the 4 winning numbers.
If you donβt match all 4, no need to worry. As long as you match 2 or more numbers in the correct order, you are guaranteed to win the prize.
π Draw lottery and award will be resulted every Saturday π The winner will receive Octa Gold token! (OCTAG)
Winning Ratio
Match all 4 numbers in the exact order = win 60% of the pot (or split the pot if more than 1 winner).
Match 3 numbers in the exact order = win or split 20% of the pot.
Match 2 numbers in the exact order = win or split 10% of the pot.
Burn the remaining 10% of the pot.
βοΈPlease note - In the event that no participants were able to match 3 numbers on any draw, the 20% allocated to winners will then be burned accordingly.
For example, if the final 4 winning numbers are β1-9-3-2β:
β2-3-9-1β = match 0
β1-9-3-2β = match all 4
β1-9-2-2β = match 3
β2-3-3-2β = match 2
β1-2-1-2β = match 2
How are ticket numbers drawn?
The lottery aims to be completely random. Even though the ticket numbers given out are determined by a front-end logic, there is an extremely low chance that anyone will be able to determine the 4 winning numbers ahead of time.
π The 1st lottery number will be determined based on the %10 remainder of a hash encoded by the blockhash and the number of participating users at the entry deadline. π The 2nd lottery number will be determined based on the %10 remainder of a hash encoded by the blockhash and the total pooled cake balance at the entry deadline. π The 3rd lottery number will be determined based on the %10 remainder of a hash encoded by the blockhash and the timestamp of the last lottery participant at the entry deadline. π The 4th lottery number will be determined based on the %10 remainder of a hash encoded by the blockhash and the block difficulty at the entry deadline.
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