Tickets & Tiers
AlgoLaunch's IDO structure is based on a ticket lottery system. Based on how many $LCH staked, people will get their tickets to put into the lottery. Once tickets are all put into the raffle, our lottery system will choose the winning tickets.
The number of tickets & tiers depend on the number of $LCH you staked. The higher the tier, the higher the bonus weight and the more tickets and allocations you receive. However, higher tiers have longer staking periods before unstaking is available. All participating users in Tiers 1 ~ 5 are eligible for Lottery Tickets, and Golden Tickets are available for only Tiers 4&5.
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