05/03/2021
How It Works
Our decentralized perpetual lottery is funded by a portion of the 10% transaction fee that is applied to every transaction. Out of the fee, 3% get’s entered into a virtual lottery pool. The community decides how the pool is split.
Weekly a drawing is conducted and the pool is instantly sent to the winning LOTre holders.
The only thing you have to do to participate is own LOTre and HODL!
Tokenomics
The total supply is 1,000,000,000,000,000 LOTre.
After the initial burn of 50% we will be listing on Pancakeswap. There is a 10% fee per transaction. Along with the 3% Lotterypool Fee, 4% will be burned and 3% will be shared to all holders with every transaction.
Why Choose LOTre?
Earn LOTre just by holding.
Hold more, earn more, it`s that easy.
With every transaction 3% is shared between all holders, simply watch your bag grow the longer you hold.
Your LOTre gets more valuable over time due to 4% being burned with every transaction, reducing the total supply. The key is to HODL!!!
Wallet and Governance
Blockchain technology has a lot of potential applications. One of them is easy and credible identity verification. Using your LOTre Coin, you may vote in the lottery pool decisions including how the lottery pool is split and the frequency of the drawings.
The Lottery Coin voting procedure is very fast, does not require you to give any personal data and stores your decision in the blockchain forever.
This function will be included in the LOTre wallet app coming soon.
LOTreX
LOTreX or Lottery Exchange will be our next goal. Same Tokenomics and same style lottery for each coin listed. Check back soon.
