💃
Raffle
  • Introduction
  • 🎲Lotteries? Wow!
  • 🪙$RAF tokens
  • 🛶Repechage and Cashbacks
  • 😎THE JACKPOT
  • 🍀Luck Factor
  • 🎨Raffle in a picture
  • 🍕Tokenomics
  • 👮‍♂️Ownership & security
  • 👀Still under review
  • 🏛️Idea for a governance tool
  • 🤌FAQ / Troubleshooting
  • --- Raffle Stakeable Token
    • 🍏The other half of the apple
    • 🧮Fortune in a picture
    • 🕒Fortune launch plan
  • Memecoins
    • 🧇$WAFFLE
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  • Repechage
  • $RAF Cashbacks

Repechage and Cashbacks

You might be lucky in your loss...

Repechage

Non-winning tickets can benefit from a repechage.

After winners of the current lottery have been picked, one or more non-winning tickets are extracted. Those tickets are gifted one or more free entries for future lotteries, in form of 1 or more $RAF tokens.

Lottery Example: Magic Number: 8, Repechage: 1 $RAF, Lucky Losers: 2 Participants: 32 ->

. ...lottery draw...zzz... . . . . . . . . . . . . . . ...zzzz... . . . . . . . . . . . . . . . ...it takes a lot of time indeed, and gas(!)... . . . . . . . . . . . . . . . . 4 winners, splitting The Jackpot. 2 Lucky Losers receiving 1 $RAF each.

$RAF Cashbacks

Every non-winning ticket, that didn't benefit of repechage either, gets a fraction of $RAF token that user can accumulate until he has enough to spend for 1 ticket.

Cashback is initially set to 0.125 $RAF: every 8 losing tickets entered, users get 1 free entry.

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Last updated 1 year ago

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