DELOT - the world's first innovative decentralized lottery for token holders. The more tokens you have, the more tickets you will receive. The DELOT token is a utility token, used in the lottery.
About the DELOT project
DELOT works like this: you only need to deposit a small token to join the round. You can get extra tickets just by holding them, the more tokens you have, the more tickets you get.
Unlike a traditional lottery where players must constantly buy tickets for each draw, DELOT focuses on simplicity - just purchase a token, hold it and you'll be automatically placed into the next lottery rounds, thanks to the Auto Pool feature.
Why should you trust this project:
| Fully decentralized | The whole process is controlled by a single smart contract and deployed to work on the network. |
| Automatic system | By using Chainlink Keepers and making the smart contract compatible with UpKeep, the lottery can run indefinitely. |
| Incentive for token holders | Players must keep tokens until the end of the round in order to get more tickets, so the demand for tokens will increase. |
No action is required from users to join. Unlike a traditional lottery, where players must buy tickets constantly for each draw. In addition, the player gets more tickets by joining the round sooner, so he has a better chance of winning the round. There are unlimited rounds, the period of each round is about 3-7 days.
Details of the defi app work
Each round has 3 states: Start -> Active -> End. The player can join the round automatically and get the maximum number of tickets, using the Auto Pool feature, while the round is in the Start state.
Open the active round page, click the "Join now" button, set the amount and click "Deposit". The first time you must "Enable" by approving a smart contact in order to spend your tokens. The first time you join a round, your amount must be greater than or equal to the minimum join amount. You can deposit multiple times per round. Starting from the 2nd time, no minimum joining amount is required.