No Loss Lottery

in #noloss-lottery2 months ago (edited)

The No Loss Lottery is returning

  • Building a better program, using wisdom learned from the last one., which was a three year success story, but a victim of the bear market.

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  • Prize Linked Savings

  • Boring Savings Accounts transformed into Exciting Prize winning accounts.

  • Many of us like to gamble and win prizes, and many of us love to gamble and win money.

  • But what if you could gamble and never lose your money?

  • Would that be a win-win?

  • I think so...

Current Plan of operation:

  • The old No Loss Lottery required you to deposit Leo, and your Leo was then deposited in Cubfinance, as a Liquidity Provider, and the earnings were the prie every week.
    The new No Loss Lottery will only accept an HBD purchase of a token on Hive Engine, the HBD will be held in the wallet savings account, earning 15% APR, which is paid monthly. The monthly payments for the Savings account will be split between paying interest to the token holders in the form of higher buy back price on Hive Engine and providing monthly prizes to ticket holders, using a random number generator.
    This allows ticket holders to redeem their ticket for HBD once a month for the highest price, or anytime between interest payments for the last established price.
    This is all on the blockchian, so ticket holders can check the No Loss Lottery wallet, and also Hive Engine to verify the Adminstrator is following the rules and both prizes and interest are being paid.

  • What do you think?
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I'm happy, becuase I'm currently searching for a good place for some money.

So what are the rules? What changed and will stay the same?

The old No Loss Lottery required you to deposit Leo, and your Leo was then deposited in Cubfinance, as a Liquidity Provider, and the earnings were the prie every week.
The new No Loss Lottery will only accept an HBD purchase of a token on Hive Engine, the HBD will be held in the wallet savings account, earning 15% APR, which is paid monthly. The monthly payments for the Savings account will be split between paying interest to the token holders in the form of higher buy back price on Hive Engine and providing monthly prizes to ticket holders, using a random number generator.
This allows ticket holders to redeem their ticket for HBD once a month for the highest price, or anytime between interest payments for the last established price.
This is all on the blockchian, so ticket holders can check the No Loss Lottery wallet, and also Hive Engine to verify the Adminstrator is following the rules and both prizes and interest are being paid.

Sounds good. Will you create a bot for the monthly draw and prize distribution or will you do it manually? If you need it I can help you programming a bot

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