At each distribution of taxes, a jackpot is created. Our jackpot system enables a tiered approach that gives different advantages to token holders based on how many tokens they hold. Here's a breakdown of how the tier system works:
TIER
Elite
Min tokens:
25,000,000
Bonus:
+30% Chance
TIER
Diamond
Min tokens:
10,000,000
Bonus:
+25% Chance
TIER
Platinum
Min tokens:
5,000,000
Bonus:
+20% Chance
TIER
Gold
Min tokens:
1,000,000
Bonus:
+15% Chance
TIER
Silver
Min tokens:
500,000
Bonus:
+10% Chance
TIER
Bronze
Min tokens:
100,000
Bonus:
+5% Chance
TIER
Base
Min tokens:
20,000
Bonus:
+0% Chance
This mechanism is fairly new to the Solana blockchain. As such we have chosen what we believe is the correct formula for long-term sustainability.
each buy and sell of $PRIZE is subject to a 10% tax which feeds the $PRIZE treasury
dedicated for Jackpot Rewards
buyback and LP add for non-stop growth
for burn to add a deflationary aspect
marketing/cex listings
All wins are paid in $SOL, and the outcome is determined using verifiably fair Random Number Generation. This is the first on-chain Jackpot on Solana.
Distribution Interval
Minimum Holding
Total Winners Rewarded
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