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Jackpot & Payouts
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Introduction
In this section, we will reveal the Drip Drop Draw rounds' mechanics, explore the unique 7 prize tiers , and look at how the fund flow is distributed.
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Rounds
Drip Drop Draw has 4-hour rounds and runs 24/7.
Players will participate in their chosen round by purchasing Drip Drop Draw tickets in that round.
In the dedicated section of the Drip Drop Draw UI, players will find all the relevant information about each ongoing round.
This information includes the round countdown, available prize pools, free tickets, and other real-time data. At the end of each round, winners will receive their prize, paid in Drip, through an automatic deposit into the Drip Faucet associated with the winning ticket wallet.
At the end of each round, the winners will be announced through a pop-up displaying all the prize categories awarded.
Due to the services provided by Chainlink, every draw is fully automated, fair, and based on a completely random process.
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Chainlink VRF
Utilizing a robust and reliable Chainlink VRF (Verifiable Random Function) makes Drip Drop Draw a verifiably random game. This provides DDD players with provably fair outcomes which are impossible to corrupt.
Chainlink VRF is a provably fair and verifiable Random Number Generator (RNG) that enables smart contracts to access random values without compromising security or usability.
For each request, Chainlink VRF generates one or more random values and cryptographic proof of how those values were determined.
The proof is published and verified on-chain before any consuming applications can use it. This process ensures that results cannot be tampered with or manipulated by any single entity including oracle operators, miners, users, or smart contract developers.
Once generated, the VRF output can never be duplicated or predicted due to its random nature, allowing players to trust that every round's draw is unbiased and secure from manipulation.
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Drip Drop Draw Vault
The Drip Drop Draw Vault functions as a safe for funds, ensuring their security and enabling access and distribution only in accordance with the rules established within the smart contract.
It is composed of 25% of the earnings from the Deposit entries, 25% of the earnings from the Sacrifice entries, and the Rollover mechanism, which accounts for 40% of the Vault itself.
The combined amount from these sources will constitute 100% of the Drip Drop Draw Vault at the end of each round.
The Vault corresponds to the BSC address of the Drip Drop Draw smart contract.
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The Roll Over Mechanism
An innovative Roll Over mechanism ensures that at the end of each round, 40% of the total amount available in the Drip Drop Draw Vault is automatically allocated to the next round, which in turn allocates 40% of the total to the following round, and so on.
The other 60% of the total amount available at the end of each round is used to pay out prizes to the winners.
This process ensures that the Vault grows fairly over time.
The Rollover and the entries earnings combined are used to calculate the total prizes awarded to the winners of each round.
Make it simple!
Let's assume that at Round 0 the Vault is 100,000 DRIP:
- 60% goes to the winners
- 40% rollover to the next round
In Round 0, 60% of the total Vault (60,000 Drip) is used to pay out prizes to the winners, while 40% (40,000 Drip) remains for the next round.
The next round, the Round 1, starts with a base of 40,000 Drip.
At the end of the Round 1, after players have purchased tickets, assuming the Vault has reached a total of 140,000 Drip.
Round 1: Vault is 140,000 DRIP
- 60% goes to the winners
- 40% rollover to the next round
Out of this 140,000 Drip, 60% (84,000 Drip) will be awarded to the winners, and 40% (56,000 Drip) will remain in the Vault to be used in the next round.
This Rollover mechanism applies to all rounds of Drip Drop Draw.
The rollover and the distribution of funds allocated for prizes will occur in accordance with the Max Prize Cap.
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Prize Tiers
In each round of the Drip Drop Draw, there are 7 Prize Tiers that will be awarded, providing players with multiple opportunities to win.
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Random Prizes
There are five randomly assigned prize categories. The First Prize winner will receive 30% of the total Jackpot, while each of the four Runner Up winners prize will receive 10% of the total Jackpot.
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Non-Random Prizes
Two prizes will be awarded based on specific criteria: the Biggest Deposit prize and the Biggest Sacrifice prize. Both prizes will receive a significant reward of 15% of the Jackpot.
Biggest Deposit Criteria: Only tickets purchased in a single transaction will be considered, without taking into account the 10% multiplier bonus for BNB/BUSD purchases.
Biggest Sacrifice Criteria: Only tickets purchased in a single transaction will be considered, without taking into account the 10% multiplier bonus for BNB/BUSD purchases. However, the 250% Sacrifice multiplier will be taken into consideration.
The following percentages represent 60% of the total amount in the Vault at the end of a round when prizes are awarded.
For the sake of simplicity, we will consider the 60% percentage as the new 100% that makes up the Jackpot.
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Max Prize Cap
To ensure sustainability and a fair distribution of prizes to users, due to the structure of the Drip Faucet through which the prizes flow, has been set a maximum prize allocation.
Even if the first prize has already reached the maximum of 27,937 DRIP, players can still participate in the current Drip Drop Draw round.
Once the prizes have reached their maximum allowed limit, any excess drip flow will automatically be sent to the Drip Drop Draw Vault and used in subsequent rounds.
Make it simple!
Let's consider a scenario where a user with an active Drip Faucet, having a deposit of 9552 Drip, participates in a round of the Drip Drop Draw and wins the First Prize, which amounts to 23,500 DRIP.
Let's take an example with the given data:
- The user's Faucet deposit at the time of entry is 9,552 DRIP.
- The First Prize is 23,500 DRIP.
The player receives an AirDrop of 23,500 Drip, which increases their deposit in the Drip Faucet to a total of 33,052 Drip.
This allows the player to reach the maximum payout of 100,000 DRIP faster, in accordance with the mechanics of the Drip Faucet.
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Drip Drop Draw Funds Flow
Every time tickets are purchased to participate in Drip Drop Draw, 1% of the funds are allocated to the marketing wallet.
A part of the funds allocated to the Marketing wallet are used to acquire LINK, the currency required to pay the fees for the Chainlink services automations.
If the BUSD entry option is selected, the Drip Drop Draw smart contract will automatically swap it into BNB to buy Drip through the native Drip Fountain Dex.
A 10% tax is charged only once at entry, which is then allocated to the Drip Tax Vault, while all other Drip movements are whitelisted.
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Drip Drop Draw flow chart
The following diagram should help understand the flow of funds more easily.
