Lottery
Playing the ValiFi lottery gives you a chance to win HUGE VALI prizes, burn tokens and support RING victims. Participants may enter as often as they like as long as they have the sufficient amount of VALI token to buy a ticket.
Specifics
Frequency: 1 Lottery per week
Ticket cost for lottery: 0.1 VALI per ticket
There is no limit on the amount of tickets that can be purchased.
Purchasing one ticket will give users a random 4-digit combination with each digit being between 0-9. Match numbers from the left side of the ticket to the right to win prizes—the more numbers that match, the greater the prize pool.
ValiFi DOES NOT keep any percentage of funds generated from the sale of lottery tickets. 100% of the VALI tokens generated from the sale will be returned back into the prize pool. If there are no winners in a round, the unclaimed VALI tokens will roll over onto the next round and will be redistributed among the prize pools.
Prize Pool Allocation
Matches first 1 number: 4%
Matches first 2 numbers: 6%
Matches first 3 numbers: 15%
Matches first 4 numbers: 45%
Burn: 20%
RING Relief fund: 10%
Prize pool allocation is divided among winners for that number of matches.
NFT holders will be rewarded with 5% percentage of funds from the lottery once the Ring Relief Fund has been completed. The other 5% goes to treasury.
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