Lottery Tickets

Users can participate in IDO by receiving tickets as soon as they stake tokens.

When unstaking, there is a lock up period for a certain period depending on the tier. (Details to be announced)

How it works(the math done)

1,000 $LCH per 1 ticket

(total # $LCH staked) ÷ 1,000 = # tickets received(decimals deducted)

(# tickets w/o decimals) x (tier bonus) = total # tickets eligible

Example 1) staking 7,500 $LCH

basic # tickets 7,500/1,000 = 7.5 -> 7

7,500 staked is Tier2, so bonus multiplier is 1.2 resulting in 7 x 1.2 = 8.4 -> 8

So the total # tickets from staking 7,500 $LCH is 8, with # max winning tickets 6(tier max)

Example 2) staking 29,999 $LCH

29,999 / 1,000 = 29.9999 -> 29

29,999 staked qualifies as Tier4, bonus multiplier is 1.5 and max winning tickets 37

29 x 1.5 = 43.5 -> 43, up to 37 winning tickets possible.