Lottery
All about the ShibaSwap Lottery!
General Lottery Details
  • Cost to enter: 1 ticket = 1 GBONE
  • Lottery Entry Limit: No overall limit, but only 50 tickets can be bought at a single time through the UI
  • When you purchase a ticket, you will receive a random 4 digit combination, each digit ranges between 1-14, for example β€œ3-9-8-14”. This 4 digit combination is to be used to to compare to the winning numbers for your chance to win!
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The Rules to Win
In order to win any of the prizes, a user must match the 4 numbers on a ticket with the winning numbers (must be in the same position, order DOES matter).
Additionally, there are prizes for matching 2 and 3 numbers in the corresponding positions!
Winning Payouts & Rollovers
  • Match all 4 numbers in the exact order = win 50% 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.
  • 20% of the pot will always be burned
In the event of no winners, the match 2, 3, and 4 rewards will be rolled over as well. So in that situation 80% would rollover, and 20% would be burnt.
Let's look at an example! If the final 4 winning numbers are β€œ3-9-8-14” then…
  • β€œ1-2-3-4” = match 0
  • β€œ1-9-8-4” = match 2
  • β€œ3-2-3-14” = match 2
  • β€œ1-9-8-14” = match 3
  • β€œ3-9-8-14” = match all 4
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Lottery Phases

The lottery will occur every 24 hours with the winning number draw occurring at 02:00 UTC! Right after the winners are selected, there is a 1 hour period where ticket purchases are unavailable.
An example of the a lottery session is below:
Phase 1 - Purchase Tickets (1 hour after the previous draw ends, between 03:00 UTC - 01:59 UTC)
  • You have 22 hours and 59 minutes to buy tickets (starting at 03:00 UTC).
  • For every 1 GBONE spent, you will receive 1 ticket.
  • Every ticket purchased is added to the lottery jackpot, which you can see in the upper right of the page!
Phase 2 - Lottery Draws (02:00 UTC)
  • The winning lottery numbers are drawn and will appear on the page.
  • Each participant’s winnings will be automatically calculated based on their ticket numbers and shown on the page.
  • If you won you can claim your winnings! Go tweet and share that you won!
  • Additionally you can see the total results of all users who matched 2, 3 and 4 numbers
  • The next lottery will start immediately after
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Winning Number Draw Process
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 is able to determine the 4 winning numbers ahead of time.
  • 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.
  • The 2nd lottery number will be determined based on the %10 remainder of a hash encoded by the blockhash and the total pooled GBONE balance at the entry deadline.
  • 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.
  • 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.
Last modified 5mo ago
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