ScoobyDAO is a lottery played with tokens and managed with LOTA's DAO.
This documentation is in beta, it can still be changed
🐶 ScoobyDAO 🐶

🛠 Create your own lottery 🎰

💰 Deposit liquidity

  • If you have created a token and it is supported by Terra's blockchain, you can create your own lottery by depositing liquidity and that liquidity will serve as a jackpot.

🧐 Who can play?

  • The holders of your token will be able to play your lottery. They will have to buy a ticket with your token to hope to win part of your previously deposited liquidity.
ScoobyDAO lottery tickets contain 4 symbols.
  • Symbols range from [ 0 - 9 ] & [ a - f ]

🏆 How to win?

If there are several winners at the same rank, the winnings are shared equally.

  • 🥇 1st: All symbols are the same and in the right place. He wins x% of the jackpot.
  • 🥈 2nd: 3 symbols in the right place. He wins x% of the jackpot.
  • 🥉 3rd: 2 symbols in the right place. He wins x% of the jackpot.
The remaining x %​​ are burned 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
For your combination to be valid, the symbols must be in the right place!
What does "must be in the right place" mean?

👌 Why create your lottery?

🙋 Community

  • Your community now has access to a lottery that is played with your tokens.

✅ Advantages

  • This aims to reduce the circulation supply. This diversifies and increases the number of holders of your token.
  • The bigger the jackpot, the more players there will be.

🔏 Secured by DAO

Your lottery is managed by LOTA holders and will have the same rules as all the lotteries carried by ScoobyDAO.
All ScoobyDAO lotteries are part of the LoTerra ecosystem and therefore the LOTA holders are the decision-makers of the operation of its lotteries.
LoTerra DAO shares % of the winner's winnings of the different Pools