The “No Loss Lottery” is Smart Fun!

• What if you could deposit money in a savings account to save your money, but your savings deposit also made you eligible for a weekly lottery?
• So the account would be smart like a savings account, and fun like a lottery.
• Smart and Fun, I call it Smart Fun!

No Loss Lottery

• The No Loss Lottery is called No Loss because your lottery ticket purchase price actually is a deposit into a savings account, which also makes you eligible for a prizes, in addition to your savings.

• Therefore it is like a lottery, in that you buy tickets, and can win prizes, but like a savings account, because you never lose your money.

Prize Linked Savings

• Some people call it Prize Linked Savings because it is like a Savings account, but the account also gives you a chance to earn prizes, in addition to saving your money.

• Other people call it a Super Savers Account because in addition to saving money you are eligible for prizes.

• Prizes are derived from earnings from ticket purchase price amounts being invested in Cubfinance DeFi Farms, so there is a possibility of impermanent loss, but balanced by gains over time.

• This last two weeks total liquidity pool earnings on Cubfinance Cub-BUSD pool was enough Cub to swap for 100 Leo ! 😀 This week I waved the admin fee, so the prize would be an even 100 Leo.

Winner Announcement: September 11th, 2022.

This Weeks Prize Winner of 100 Leo goes to #733 who is @jc1991gsf

How is the Winner Determined?

• Each ticket is assigned a number in a ledger.
• Then a Google random number generator is used to generate numbers between 2 and 5152 the total number of tickets sold and Leo deposited so far.

How is the Prize Money Distributed?

• By wallet transfer, from the @nolosslottery account.

Congratulations to @jc1991gsf on winning the #nolosslottery

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@shortsegments

:)

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