LoTerra — a smart contract, where the terms of the agreement between the player and the lottery are written directly in lines of code.
Contents:
Description of the defi gaming LoTerra
The code and the agreements it contains exist on the distributed and decentralized Terra blockchain network. To play, the user directly contacts the smart contract by sending 1UST with 6 characters in the memo.
LoTerra is connected to Oracle (Terrand contract is also created by LoTerra), which generates randomness to ensure the safety as well as the reliability of the draw. The related drand nodes jointly produce publicly verifiable, impartial and unpredictable random values at fixed intervals, using bilinear pairs and threshold cryptography. LOTA members share up to 20% of jackpot income, according to their percentage of LOTA as a reward for their position in government. If there are no linked LOTA tokens, all rewards come back to the crypto lottery jackpot, and if there is only 1 participant, linking LOTA tokens, he will win 100% of all rewards.
How to participate in the lottery:
| 1. | You need to install Terra Station Extension. |
| 2. | Go to LoTerra.io and click "Connect wallet". You can see that your wallet is connected in the upper right corner of the web page. |
| 3. | Choose your combination and click "Add to Cart". Click “Buy Ticket”. |
| 4. | The "Terra Station" window will appear. Enter your password and click "Submit". |
This process is automated. Just play, do what you like and get rewards in your wallet.
More about dapp on Terra
The calculation of the Mystery Machine's annual percentage rate includes both the rewards, earned through the provision of liquidity, and the rewards, earned from the placement of LP tokens.
You can get more information about the project through the introductory document. It contains a description of the site, answers to questions and a RoadMap. From social networks, the community leads:
Subscribe to follow all news. The smart contract audit is available here.
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