Author

Topic: Lottery On Pancakeswap (Read 36 times)

legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
March 09, 2021, 01:15:53 AM
#3
Don't think of it negatively because it's just part of their marketing strategy to attract users. It is also a clever way of getting back CAKE from investors/traders and burning them to reduce the supply.

Match all 4 numbers in the exact order = win 50% of the pot (or split the pot if more than 1 winner).
Match 3 numbers in the exact order = win or split 20% of the pot.
Match 2 numbers in the exact order = win or split 10% of the pot.
Burn the remaining 20% of the pot.

Please note - in the event that no participants were able to match 3 numbers on any draw, the 20% allocated to winners will then be burned accordingly.

Joining lottery is one way to support the Pancake ecosystem.
full member
Activity: 1303
Merit: 128
March 09, 2021, 12:34:07 AM
#2
Its gambling since its lottery and you need to spend CAKE to by tickets but of course, Pancakeswap is not a casino as far as I know.

He're a more details about lottery and FAQ is available on their site, see it for yourself: https://docs.pancakeswap.finance/lottery-faq
jr. member
Activity: 132
Merit: 3
March 09, 2021, 12:26:05 AM
#1
What is the lottery on Pancakeswap?

Casino? Gamble?

is this anything to do with crypto?
Jump to: