No Loss Lottery : 10,000% Return with No Risk of Loss
What is the No Loss Lottery!
It’s a Prize Linked Savings Account, that allows people the chance at a large prize, 100 BLEO, which is 100 times the cost of a No Loss Lottery Ticket 1 Leo, and you can always get your money back.
Lottery versus Prize Linked Savings
Lotteries are good because they provide large amounts of potentially, life changing money to people. But they take from people in the form of tickets, and that money is lost forever. That’s why I created the No Loss Lottery as a Prize Linked Savings Account. In a Prize Linked Savings Account you have a chance to win big, but you can always get your money back. So you buy a ticket, but your money is held or saved for you like a Savings Account. But instead of 0.25% per year, you have a chance at a 10,000 percent return every week!
That’s right, 100 B-Leo Prize on a 1 Leo ticket is 100x or 10,000 % return on your investment!
This is a Prize Linked Savings Account, which I call the No Loss Lottery and it has the thrill of a lottery, and the financial smarts of a Savings Account.
This is Week Seven! Of the No Loss Lottery
I am happy that the Lottery continues to be popular, and now 664 tickets have been sold. An increase from 578 last week.
Lottery Funds Investment Change
The decline in APR for BLRO-BNB reached 94% this week. Which is 1/2 the APR for the Cub-BNB or Cub-BUSD farms. The Cub farms also have higher Cub multi-liver effects, so to insure higher prizes, I withdrew liquidity from the BLEO-BNB farm, and added it to the Cub-BUSD farm, which has a higher APR and a higher multiplier. I initially considered leaving the No Loss Lottery tickets in the BLEO-BNB Farm due to the TVL of it being one half of the TVL of the cub-BNB and cub- BUSD but the multipliers were so much higher, 12x for BLEO -BNB and 32x, 50x for cub-BNB and cub-BUSD respectively.
This weeks prizes are:
First Prize: 75 Leo goes to @eirik
Second Prize 25 Leo @bozz
Third Prize 25 Leo @krunkypuram
1st Prize Lottery Winner
Determined with random number generator:
Congratulations you win First Prize 75 LEO!
Second Prize
Congratulations you win 2nd prize 25 Leo
Third Prize
Congratulations you win 3rd Prize 25 Leo
Note: Leo Minus 5% Lottery fee of BLEO means Leo will be sent to the lucky winner
Wow! Do you want a chance to win? Find out how to enter below!
Send 1 Leo per ticket to @nolosslottery
Buy as many tickets as you wish.
All ticket purchases are refundable on Sunday
How does the No Loss Lottery work?
Each lottery ticket costs one Leo, which is swapped for BLEO on Cubfinance. Your Leo becomes BLEO in the BLEO-BNB Farm.
Every ticket gives you a chance to win the earnings for the 2500 plus BLEO earning Cub in the BLEO-BNB Farm!
This week the earnings in Cub equaled 56 BLEO, which were given out in prizes above!
Each week the interest earned in Cub is traded for BLEO and awarded to the Lucky winners!
Note:
Your deposit buys you a chance at winning a monetary prize much bigger then your One Leo. So in the way it’s like a Lottery. But you can always get your Leo deposit back by requesting it. So in that way it’s like a Savings Account. But as long as you leave your Leo deposited you are automatically entered in every weeks drawing.
Wallet Transfers for awarded prizes this week!
Updated Ledger of Ticket Buyers and assigned numbers. Now 678 Tickets purchased!
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Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance, where finance meets technology.
Read more of shortsegments articles here: https://leofinance.io/@shortsegments
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🦁🌞w
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It looks like great returns but the choices make it hard to decide. I staked my LEO goal this month so now I have to decide between this, CubLife and CubFinance itself.
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Decisions, decisions, every week is a winner 😉
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Yes, you can earn so many ways on Leo and Cub, but I try to make the lottery attractive with its high rate of return and automatic renewable ticket.
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Great Return 100x, and I love the idea of the ticket that lasts indefinitely, it’s like a forever ticket lottery.
Congratulations to the winners!
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Good contest
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This is a great contest. I love it because it need to be promoted am reblog it right away
This is a great contest. I love it because it need to be promoted am reblog it right away
Many thanks for running this @shortsegments, I'd forgotten about it until I got pinged with the prize :).
Here's a little offering of thanks to the project (in case useful here'n'there):
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Cool graphic Thanks!
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When will we receive the prizes? I need to buy even more tickets!
Thanks!
!PIZZA
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@shortsegments! I sent you a slice of $PIZZA on behalf of @eirik.
Learn more about $PIZZA Token at hive.pizza (1/20)
Congratulations @shortsegments! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 14000 comments.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Thank you!
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This contest needs more publicity. If you like it. Please reblog the post, and tweet the link !
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