BITBankroll is a crypto lottery dapp that allows users to play the lottery and earn interest by staking their PLS tokens. Play the lottery to win 40% of the lottery prize pot - So make sure to invite your friends, to build the value of the pot. The prize pot is made up of other users who have bought tickets, along with PLS contributed to the pot from stakers who ended their stake early. The more lottery tickets you buy, the higher the chance you have to win!
Stake PLS to earn rewards every month. 50% of the lottery pool every month is paid to stakers, and 10% is paid back to the house for management fees. If you end your stake early, 50% of your capital, along with any rewards earned, will be forfeited and added back to the lottery pot.
To use BITBankroll, you will need to connect your crypto wallet on the PLS main net. Once you've connected your wallet, you can play the lottery and earn interest by staking your PLS tokens.
To play the lottery on BITBankroll, simply select the number of tickets you'd like to purchase and click "play". You will need to have enough PLS in your wallet to cover the cost of the tickets. The lottery is drawn at regular intervals, and the winner receives 40% of the lottery pool.
To stake PLS on BITBankroll, go to the staking section of the dapp and select the amount of PLS you'd like to stake. You will earn interest on your staked PLS, which comes from the lottery pool.
THE MORE YOU STAKE, THE MORE YOU EARN!
If you end your stake early, you will lose 50% of your staked PLS, along with 50% of any interest earned. This is a penalty for ending your stake early, as it disrupts the stability of the lottery pool.
You can withdraw your winnings and staked PLS from BITBankroll at any time. Simply go to the "withdraw" section of the dapp and select the amount you'd like to withdraw. Your funds will be transferred to your crypto wallet on the PLS main net.
There are a number of ways to buy PLS. You can buy it easily on Coinbase then transfer it to your MetaMask Wallet
A crypto-based lottery and staking platform is a platform that allows users to participate in lotteries or stake their cryptocurrency to earn rewards. The platform is typically built on a blockchain network and uses smart contracts to ensure transparency and fairness.
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