Magical Merlin Lottery
The deflationary properties of the Merlin token ($MERL) are required here. From the proposed deflationary particulars, the Lottery part of the Merlin token ($MERL) will take up half of the burn contribution from the deflationary properties of the $MERL token.
The half consume commitment will be used for buying more Merlin tokens ($MERL) that would be additionally infused into the Merlin Lottery scheme to expand the winnings accessible for the champs of the lottery pot.
Out of that, 20% of the lottery rewards would be singed.
Merlin Token with the ticker/image ($MERL) is the local badge of the Merlin ecosystem. As the local crypto badge of the broader Merlin ecosystem, $MERL will be the monetary force to be reckoned with of the vast majority of the monetary activities inside the ecosystem.
Spend MERL to buy tickets, contributing to the lottery pot. Win prizes if 2, 3, or 4 of your ticket numbers match the winning numbers and their exact order!
SPECIFICS
Lottery Ticket Fee for 1 ticket: 0.2 Merlin
Single User Lottery Entry Limit: No overall limit, but only 50 can be bought each time
Paying for one ticket will give users a random 4 digit combination with each digit being between 1-14, e.g. "3-6-3-9"
HOW TO WIN
To win the lottery jackpot (50% of the entire lottery pool), users need to match all 4 numbers on their ticket in the exact same order as the 4 winning numbers.
There are many chances to win! As long as you match 2 or more numbers in the correct order, you are guaranteed to win a prize.
Winning Ratio
Match all 4 numbers in the exact order = win 50% of the pot (or split the pot if more than 1 winner).
Match 3 numbers in the exact order = win or split 20% of the pot.
Match 2 numbers in the exact order = win or split 10% of the pot.
Burn the remaining 20% of the pot.
Please note - in the event that no participants were able to match 3 numbers on any draw, the 20% allocated to winners will then be burned accordingly.
LOTTERY PHASES
How are ticket numbers drawn
The lottery aims to be completely random. Even though the ticket numbers given out are determined by a front-end logic, there is an extremely low chance that anyone is able to determine the 4 winning numbers ahead of time.
The 1st lottery number will be determined based on the %10 remainders of a hash encoded by the blockhash and the number of participating users at the entry deadline.
The 2nd lottery number will be determined based on the %10 remainders of a hash encoded by the blockhash and the total pooled Merlin balance at the entry deadline.
The 3rd lottery number will be determined based on the %10 remainders of a hash encoded by the blockhash and the timestamp of the last lottery participant at the entry deadline.
The 4th lottery number will be determined based on the %10 remainders of a hash encoded by the blockhash and the block difficulty at the entry deadline.
USEFUL LINKS:
Telegram Announcement: https://t.me/merlinannouncements
Telegram Community: https://t.me/merlinlab
Telegram Bounty Rewards Group: https://t.me/merlinbounty
Twitter: https://twitter.com/Merlinlab
Reddit: https://reddit.com/r/MerlinLab
Medium: https://merlinlab.medium.com/
Website: https://www.merlinlab.com
Written by: Okohben
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2824300
Bsc Address: 0x6494fBbEb7fe8E09b4E33Aa18F5969C3cae96B76