๐โ
Dogether
It's better than a traditional no-loss lottery
๐ค Imagine your generated interest transformed into multiple lottery tickets giving you the chance to win the LoTerra decentralized lottery prizes
๐ There are 2 cases:
In both cases, the way of playing does not change
๐โโ๏ธ Dogether Simple
In Dogether Simple, tickets purchased with the Anchor's Prize Pool are yours, so any winnings, if any, are yours.
๐โโ๏ธ Dogether All
in Dogether All, purchased tickets belong to the anchor prize pool, winnings, if any, are shared among all players
A traditional no-loss lottery can't do this because it would be like doing a Yield
๐ง How to play?
1๏ธโฃ Deposit your funds into a pool
This pool works with a Yield to generate interest
Unbonding period - 100,000 blocks โ 7 - 10 days
LoTerra lottery tickets ๐ซ are auto purchased with the generated interests
2๏ธโฃ Get your rewards ๐ฐ
On Dogether Simple, if there is a prize won, it will be automatically deposited in your wallet
On Dogether All, if there is a prize won, it will be the compound interest
โ
Advantages
Different from a traditional no-loss lottery:
๐ต๐ป Traditional no-loss lottery
The winnings of a traditional no-loss lottery are based on the total interest generated by a pool:
- The bigger a pool, the bigger the interest to be earned
- The smaller a pool, the smaller the interest to be earned
๐โโ๏ธ Dogether no-loss lottery
Dogether works with a yield and the LoTerra lottery so the size of the pool does not influence the potential winnings:
- No matter the size of the pool
- You can claim the LoTerra lottery prizes
- Play alone or with others
- Better Randomness - Terrand
LOTA stakers share a ๏ผ
of the interests generated
๐โโ๏ธ Dogether v2:
Choose your formula ๐
0๏ผYou receive all of your interest and do not receive any LoTerra lottery tickets20๏ผYou receive 80% of your interest and the rest in LoTerra lottery tickets40๏ผYou receive 60% of your interest and the rest in LoTerra lottery tickets60๏ผYou receive 40% of your interest and the rest in LoTerra lottery tickets80๏ผYou receive 20% of your interest and the rest in LoTerra lottery tickets100๏ผYou receive all of your interest in LoTerra lottery tickets
LoTerra lottery tickets ๐ซ are auto purchased with the generated interests according to the formula you have chosen
๐โโ๏ธ Dogether v2 can be used in various forms:
- Like a simple Yield
- Partially as a no-loss LoTerra lottery
- Entirely as a no-loss LoTerra lottery
Last modified 1mo ago
Copy link
Contents
๐ค Imagine your generated interest transformed into multiple lottery tickets giving you the chance to win the LoTerra decentralized lottery prizes
๐ There are 2 cases:
๐โโ๏ธ Dogether Simple
๐โโ๏ธ Dogether All
๐ง How to play?
โ
Advantages
Different from a traditional no-loss lottery:
๐โโ๏ธ Dogether v2:
Choose your formula ๐
๐โโ๏ธ Dogether v2 can be used in various forms: