About Luckybox

The new DefiboxDAO Luckybox has been launched. Participate in the BOXDAO proposal voting (votes>100 BOX) to get the NFT voting vouchers and lucky number. The gameplay is as follows:

  • Participating in DAO voting (votes>100 BOX) will get NFT lucky number, and get corresponding rewards according to bonus level

  • Initial Reward Pool 200 BOX

  • Amount of rewards in each period = total rewards x (10% + 10% x participation in voting for this period’s proposal)

  • Increase in rewards per period = 20 BOX + the number of votes in the previous period/10000 (the value of increased rewards in each period will be adjusted within a reasonable range)

  • The 2.5% DefiboxDAO operation incentive part issued by BOX tokens will be used as the Luckybox prize pool reward (the specific distribution of 2.5% DefiboxDAO operation incentive has been determined through the DIP39 proposal)

Note: Rewards will be added based on the participation of the proposal. Therefore, a 10% coefficient and parameters such as increasing rewards in each period are set.

The distribution rules of the rewards in each period:

  • If hit first 1 number, 15% of the prize pool will be allocated

  • If hit first 2 numbers, 20% of the prize pool will be allocated

  • If hit first 3 numbers, 25% of the prize pool will be allocated

  • If hit first 4 numbers, 40% of the prize pool will be allocated

  • If no one wins a prize in one of the prize groups, the unclaimed prizes in that group will be rolled into the prize pool.

About Luckybox winning number rules:

Regarding the Luckybox winning number is generated by the contract, the block data at the moment of the draw is selected. For the principle of fairness, a certain moment will be randomly selected within the specified time period of the draw. The detailed rules are as follows:

Use the product of tapos_block_prefix and tapos_block_num in the reference block information at the time of the draw to perform a secure hash, and sum the resulting values ​​of the hash array with subscripts 0, 8, 16, 24 and take the modulo 10000.

Precautions:

  • The user needs to manually obtain the lucky code with the NFT voting voucher after the proposal ends;

  • The draw time of each Luckybox is from 10:00 (SGT) to 11:00 (SGT) the next day after the proposal ends. When there are multiple proposals, the prizes will be drawn at random times in the order of the proposals;

  • After the prize is drawn, the reward will be automatically issued to the account corresponding to the lucky code by default;

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