Lottery Token

Lottery Token is a decentralized lottery protocol on the BASE chain, where holding 20,000 LOT tokens automatically enters you into the lottery. A 5% transaction fee contributes to the lottery pool, and once 1 million tokens accumulate, a randomly chosen address with Lottery Token wins the entire pool. This system eliminates the need for manual entries or ticket purchasing, ensuring a seamless and automated participation experience.

To participate in Lottery Token draws, simply hold at least 20,000 LOT tokens in a compatible wallet. There's no need for manual entries or purchasing tickets as holding the required amount of LOT automatically enrolls you into the lottery. This passive participation model ensures ease of use while maintaining transparency and fairness in the draw processes.

Using Lottery Token on the BASE chain offers various benefits, including automatic participation by simply holding 20,000 LOT tokens, without the hassle of buying tickets. The protocol's decentralized nature ensures transparency and fairness, while the 5% transaction fee that fills the lottery pool contributes to ongoing draws. This ultimately provides users with a seamless, innovative lottery experience leveraging blockchain technology.

Lottery Token ensures fairness and transparency by leveraging blockchain technology, which allows for decentralized and immutable record-keeping of all transactions. The lottery pool is funded through a 5% fee from each transaction, and winners are selected randomly from addresses holding at least 20,000 LOT tokens, ensuring everybody has an equitable chance while all activities remain transparent.

Lottery Token stands out from traditional lottery systems by providing a decentralized, automated lottery experience on the BASE chain. Unlike conventional lotteries that require ticket purchases, Lottery Token requires users to hold 20,000 LOT tokens for automatic participation. This method guarantees ease of use and leverages blockchain for unbiased, transparent draws, enhancing the overall user experience.

If your Lottery Token transaction doesn't seem to have contributed to the lottery pool, first confirm that the transaction fee was processed correctly. Check the transaction details on the BASE blockchain explorer for confirmation. If the issue persists, contact the support team of the platform where your LOT tokens are held, providing them with the transaction ID for further assistance.