Prizes
WinWin gives users the chance to win prizes in multiple ways.
Staking WIN
– Earns a base yield of more WIN token and other assets
– Provides the chance to win prizes of other popular PulseChain assets
Staking other assets
– Earns base yield in their respective staking reward (see 'Yield' page for examples)
– Provides the chance to win big prizes in these same staking rewards
Prize Breakdown
Stakers are eligible to win prizes 'monthly' (every 30 days). This breakdown applies to all staking pools (i.e. WIN and other assets).
1st Prize – 1 Staker wins 60% of the prize pool
2nd Prize – 5 Stakers win 10% of the prize pool
3rd Prize – 5% of Stakers win 10% of the prize pool
4th Prize – 10% of Stakers win 10% of the prize pool
5th Prize – 15% of Stakers win 10% of the prize pool
There is only one 1st prize winner per draw, but roughly 1 in 3 users will win a prize every draw!
How are the prizes generated and the draws allocated?
Yield is earned through the staking of popular PulseChain assets via the WinWin smart contract. 60% of this yield is allocated for 'monthly' prize draws (every 30 days).
How are winners selected?
A randomiser will select the lucky winners based on probability, determined by their percentage of tokens in the staking pool and the time they have been staked for.
Example:
User A has 10% of the staked token pool - 1 in 10 chance of winning
User B has .5% of the staked token pool - 1 in 200 chance of winning
Can I win multiple prizes per draw?
No, each unique wallet address can only win one prize per draw.
Do winners need to claim their prize?
Yes, winners are required to claim their prizes.
When are prizes drawn?
• Every 30 days post-launch of relevant smart contract at 11:59pm UTC
Last modified 1mo ago