DaFatCat — a premium savings account platform. DaFatCat works in a similar way to traditional savings products, but gives customers the opportunity to participate in prize draws.
What is special about the Dafatcat site?
All depositors are offered the chance to win big while keeping their money risk-free in the pool. Prize-linked savings works like a raffle or lottery where customers open savings accounts and participate at the same time to win lucky prizes. Interest, accrued on the entire deposit pool, is randomly distributed among users in the form of prizes.
Other features:
| 1. | The prizes consist of interest, accrued on the general deposit pool. |
| 2. | When a deposit is made to the DaFatCat pool, that amount is automatically directed to other decentralized finance protocols such as JustLend or Sun. |
DaFatCat — a non-custodial protocol where no one has the ability to control the deposited funds. All deposits and withdrawals are made automatically by using smart contracts. By making a deposit, you are entitled to all future draws until you withdraw your money. You can freely deposit and withdraw funds without commission.
Your exact winning odds change dynamically in real time, based on how many other players are depositing and withdrawing funds. The number of prizes (and the total amount of awarded money) changes dynamically. The displayed numbers are predictions, based on current data and winning probabilities. It is likely that the actual prizes awarded will either be higher or lower in any prize period than what is visualized.
How does the referral program work?
Each user has an invitation link to share with their friends to join the pool. When your friends use this link to connect their wallet for the first time, you will be linked to those friends as a referrer. Since then, you are set to receive a referral reward for every deposit they make.
The more money and the longer the referees deposit, the greater your referral reward. On the other hand, your rewards also depend on your contribution to the network. The referral reward is calculated simultaneously with the calculation of the prize and is distributed among the user in the form of the amount that he can claim.