🎮Game mechanics
Lets get into the 🤓 nerdy details shall we!
We have 3 Win Conditions in our Lottery:
🥇 The First way to win comes by way of matching the correct numbers that were generated by Chainlink VRF, resulting in you being
🥇The Ultimate Degen! (👑TUD)
The Ultimate Degen always gets their MATIC after the: SLMF, LMF and Team get their payouts. I will explain this in detail below, and furthermore in the 💰 Profit distribution section.*pool will be split evenly if there are more than one winner.
🥈The Second way to win comes by being
A Super Lucky mfer (SLMF),
you'll win1%
of the total prize pool MATIC for the day you entered the drawing! Every holder of a Degen NFT who enters into the drawing has a chance at being a SLMF (you can't win SLMF if you don't hold a Degen NFT)!The SLMF always gets their MATIC first.
🥉The Third and final way to win comes by way of being a
Lucky mfer (LMF)
, if you're aLMF
you'll win1%
of the all the new MATIC that has been added to the contract for the day you entered the drawing! Every player (regardless if you own the Degen NFT or not) who enters the drawing automatically has a chance at being aLMF!
The LMF always gets their MATIC after the SLMF.
Game Theory
Lets discuss how this will play out exactly! For this example lets keep the math simple and say we have a total of
200,000
players that have entered into the drawing for today. And lets also say that yesterday the prize pool was at$200,000.
Okay, so all200,000
players will each have paid$2
for their entry ticket. With200,000
players entered into the drawing, the prize pool will now be at$600,000
for the day.Each player will select
5
numbers between1-41
for their ticket entry.After the deadline for entering the day’s drawing has ended,
1%
of$600,000
($6,000) will automatically be sent to the🥈 Super Lucky mfer's wallet (SLMF).
Yesterday we know the pool was at $200,000.
Today the pool is now at $600,000. That means there was an increase of$400,000
added to the contract today. After the deadline for entering the day’s drawing has ended,1%
of the all the new MATIC that has been added to the contract for the day will automatically be sent to the🥉 Lucky mfer's wallet (LMF).
As I said above, theLMF
will get their payouts after the SLMF. This means that for this day's Lottery, theLMF
can expect to receive a payout of ($3,940). Next we have thedaily 7% withdrawal
that comes out of the contract prior to the "request random words" function being called so that Chainlink VRF will draw the winning numbers for the day's Lottery. The purpose of this daily withdrawal is discussed in 💰 Profit distribution.The daily 7% withdrawal happens only after the SLMF & LMF get their payouts first.
And last but certainly not least, we have🥇The Ultimate Degen (👑TUD).
👑TUD
will always gets their MATIC after theSLMF
,LMF
, andTeam
get their payouts. Assuming we have one winner who's👑TUD
, this player can expect to receive a payout of ($548,755).This is how we’re able to have multiple winners each day, and of course If no one wins the Jackpot for the day, the MATIC will roll over to the next day's Lottery, and it’ll start all over again until a winner is found! Still confused on all that math? I'll try break it down for you, read below!
Okay, pay attention class is in session everyone!
The Jackpot is at
$600,000
We have3
win conditions in Total, but only2/3
win conditions guarantee two winners each play cycle!The
2
guaranteed winners are theSuper Lucky mfer (SLMF) & the Lucky mfer (LMF)
TheSLMF
gets1%
of whatever the total pool is. TheSLMF
is always paid 🥇first!1%
of$600,000
(pool) =$6,000
that will go into theSLMF's wallet!
Next we have the payout theLMF
, this player gets1%
of any new MATIC that was added to the pool prior to what was in the pot the day before. TheLMF
is always paid 🥈second!I said above that yesterday's pool was at
$200,000.
And since today the pool is$600,000.
This means there was$400,000
in new MATIC added to the pot today!The
LMF
gets1%
of the all the new MATIC added to the pot for the day minus theSLMF's
payout.Here's how that looks broken down
New MATIC added to the pool today =
$400,000.
$400,000
-SLMF's
payout of$6,000
=$394,000
1%
of$394,000
=$3,940
that goes to theLMF's
wallet!Next we need to identify the
Team's
payout. Please refer to 💰 Profit distribution to see exactly what theTeam's
payout will be, but for this example assume theTeam's
payout is thedaily 7% withdrawal
that comes out the contract each day after theSLMF
&LMF
get their payouts.I'll now map out the math and label it so you don't get lost.
$600,000 (pool amount) - $6,000 (SLMF) - $3,940 (LMF)
=$590,060
left in the pot. Now we will take out thedaily 7% withdrawal
from the$590,090
currently in the pot.7%
of$590,060
=$41,304.20 (Team's payout)
$590,060
-$41,304.20
=$548,755.8
Left in the pot to be won by👑The Ultimate Degen.
And last but certainly not least, we have
🥇 The Ultimate Degen (👑TUD).
👑TUD
will always gets their MATIC after theSLMF
,LMF
, andTeam
get their payouts. Assuming we have one winner who's👑TUD
, this player can expect to receive a payout of ($548,755). All 3 Winners payouts: 🥇The Ultimate Degen
gets -> $548,755🥈
Super Lucky mfer
gets -> $6,000🥉
Lucky mfer
gets -> $3,940 ______________________________________________________Hopefully that made sense! If you're still confused, please don't hesitate to open a ticket within the discord, we'll be happy to help you grasp it all!
Last updated