General Info
This page will explain how the lottery system is going to work.
Winning Criteria
To win, the digits on your ticket must match the drawn numbers in the exact order.
Here’s an example of a lottery draw with two tickets, A and B:
Ticket A: The first three digits and the last two digits match, but the fourth digit is incorrect. This ticket qualifies only for the "Match First 3" prize.
Ticket B: Although the last five digits match, the first digit is incorrect. This ticket does not win a prize.
Note that prize brackets do not stack. For example, if you match the first three digits in order, you will only win the prize for the "Match First 3" bracket, not for "Match 1" or "Match 2".
Lottery Funds
The GEN used to purchase the lottery tickets will be consumed in 2 ways.
Lottery Prize Pool
A major portion of the GEN will go towards funding the prize pot.
Burn Mechanism
The other portion of the GEN will be burnt, which will introduce Genesis' first deflationary mechanism.
FAQ
What happens when no one matches the winning numbers?
The unclaimed GEN will rollover to the next round.
Where will the GEN tickets that were used to purchase the tickets get distributed to exactly?
The following table will show the exact distribution.
Match 1 number
2%
Match 2 numbers
3%
Match 3 numbers
5%
Match 4 numbers
10%
Match 5 numbers
20%
Match 6 numbers
40%
Burn
20%
Last updated