😎THE JACKPOT

THE JACKPOT is made of ETH, TITANX and whitelisted Ecosystem Tokens.

🧪 Funds from $RAF minting ingredients: 50% TITANX + 82-85% ETH

One big part of each lottery Jackpot comes from all the $RAF mintings happened after the previous lottery draw and before the current lottery end (draw).

People who mint their $RAF tokens are feeding only the current lottery Jackpot, or the next one if the lottery is currently cosed.

If users hold $RAF tokens for future lotteries, they lose the chance to win part of their own minting ingredients. They are basically gifting current lottery participants their minting ingredients, which go into current Jackpot. So careful minting and not playing immediately.

The Jackpot collects 50% of the TITANX spent on $RAF minting.

The remaining 50% goes burned through TitanX interface, granting users all the benefits they can get from TitanX contract (Proof Of Burn 2.0, earning from TitanX Burn Pool, mining bonus, etc.).

💥NOTE: there's a proposal for making % TitanX burned variable at each lottery. E.g.: you might have a lottery with 50% burned / 50% Jackpot, another one 70% burned / 30% Jackpot, another one 100% Jackpot / none burned, etc.

The Jackpot collects a variable percentage (80-85%) of the ETH spent on $RAF minting. This oscillation is based on market conditions and Magic Number, because a part of the ETH will be used as Gas cashback for users who trigger lottery draw. A lower Magic Number produces more winners, more complex on-chain calculations, and consequently a higher gas expense. The cashback is supposed to be always higher than the gas spent. Will you be 🍀 lucky enough to trigger it before others will?

Rest of the ETH istribution -> here.

🍀 Funds from Luck Bonus: 50% TITANX

50% of the TitanX spent by users to boost their tickets luck goes into the current Jackpot. The remaining 50% goes burned through TitanX interface, granting users all the benefits they can get from TitanX contract (Proof Of Burn 2.0, earning from TitanX Burn Pool, mining bonus, etc.).

🍀🍀 Funds from Ecosystem Boost: 64% Ecosystem Tokens

64% of the Ecosystem Tokens spent by users to boost their tickets luck goes into the current Jackpot. 8% of them goes to the mighty dev. The remaining 28% goes burned to dEaD address.

Jackpot / Burn percentages may vary with each lottery as a form of diversification of the events.

💰 Funds from buying TitanX at market: 8% ETH (wooo!)

After the current lottery closes and winners are drawn, the 8% of the collected ETH spent on $RAF minting will go straight to buy TITANX at market, and that TITANX will go into next lottery Jackpot.

This is a way to put some buy pressure on the chart and hype next lottery participants with a Jackpot that's already filled up with something.

💹📉 Funds from Raffle Stakeable Token: 100% of the trading fees

Raffle Stakeable Token will contribute with its trading volume (buy/sell taxes) in filling up Raffle Jackpot, which will passively grow even without players, dramatically increasing players hype to participate.