FAQ - WagyuSwap Lottery
Last updated
Last updated
We don't waste delicious WAG, and if no one wins, any unclaimed WAG rolls over to the next Lottery round.
Tickets are only eligible for prizes if matching numbers start from left. See the Lottery documentation for a more detailed explanation.
Each level's prize pool is a portion of the total WAG in each Lottery round
First 1 Number
2%
First 2 Numbers
3%
First 3 Numbers
5%
First 4 Numbers
10%
First 5 Numbers
20%
First 6 Numbers
40%
Burn
20%
Once you have purchased a Lottery ticket, you are UNABLE to convert back it to WAG.
All prizes need to be claimed. You can do this by clicking the ‘Check Now’ button under 'Are you a winner?'
A new Lottery round starts every 12 hours, giving you the chance to win tons of sizzling prizes.
Transaction fees will be applied to each ticket you purchase. Purchasing a single ticket in the WagyuSwap Lottery will cost the normal fees for a transaction. However, buying more tickets in that purchase will increase the fee. For example, buying 100 tickets rather than 1 will not multiply the fee by 100, but may increase the fee amount by 5-6 times (though this varies).
WagyuSwap will be giving you the chance to receive discounts when purchasing multiple tickets. The more tickets you buy, the bigger the discount. However, we cap the number of tickets you can buy at a single time at 100 tickets (this doesn't mean you can't buy more - You can ALWAYS buy more)
You can only buy a maximum of 100 tickets in one purchase. Still, you have an unlimited amount of purchases that you can make. Therefore, you really have an unlimited amount of tickets you can purchase. Still, as mentioned, you can only purchase a maximum of 100 at a time.
Yes, each ticket is treated as a separate entry in the WagyuSwap Lottery. But please note that the more Winning Tickets will result in a more diluted prize pool (regardless of the amount of matching numbers).
When people enter the kitchen and buy WagyuSwap Lottery tickets, the WAG that they spend is added to the lottery pools. In addition, a total of 20,000 WAG is also injected into the lottery pools on a regular schedule over the course of the eight rounds (four days).
The cycle restarts with a new 20,000 WAG as soon as the 8 rounds finish.
