The other half of the apple
A token that allows holders to earn passive rewards from every lottery Jackpot. A token that fuels Raffle Jackpot through its trading volume. A growing liquidity pool fueled by Raffle players.
๐ Drive up the engagement
With the mission of keeping up users engagement, hype and continuity in participation, Raffle will be matched with a side-project, built on top of it.
The side project consists in a classic tradable token, paired with ETH, that allows holders to earn passive rewards from each Raffle lottery. Raffle Stakeable Token, $RST, or simply: $FORTUNE.
๐๐ฐFortune
The token's name.
The term "fortune" can relate to both wealth and luck, depending on the context in which it's used. When talking about a person's "fortune," it often refers to their wealth or the accumulation of assets and resources. However, "fortune" also connotes luck or fate, as in having good fortune, which means experiencing good luck or favorable circumstances. So, it embodies both the tangible aspect of wealth and the intangible aspect of luck, making it a versatile term that's rich in meaning.
โ Tokenomics
Every Raffle Jackpot will save up a % of its ETH (and eventually $RST, if users spent it to buy extra luck for that specific lottery), to be destined as staking reward for $RST holders.
In order to get lottery rewards, $RST holders must (temporary) stake their tokens. There are no time constraints in staking. Users can stake and forget, while, from time to time, going on Raffle website and claim their earnings, or they can stake right before a lottery draw, earn their reward, unstake and sell the token right after that.
Given this possible scenario, in which users will buy, stake, earn and sell only for the small amount of time needed, we expect volatility and trading volume. So here comes the most interesting part...
๐ฐ Let's tax that volume!
The majority of the trading taxes collected will flow right into Raffle Jackpot, ready to be won by next lottery participants, driving up hype and motivation to participate in the lottery to win a slice of the juicy prize that keeps growing by trading $FCS alone.
A small portion of Raffle Jackpot's ETH will also feed $RST liquidity pair, keeping the asset valuable over time through lottery usage: an amazing virtuous cycle in which RST and Raffle mutually feed and hype each other!
โ Choose your way, earn your destiny
Ho will you play Raffle? As gambler, a trader, or a staker?
COMING SOON
Last updated