The “No Loss Lottery” Announcement: November 11th, 2022.

in #hive-1679222 years ago

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The “No Loss Lottery” Announcement: November 11th, 2022.

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  • The No Loss Lottery is called No Loss because your lottery ticket purchase price actually is a deposit into a savings account, which also makes you eligible for a prizes, in addition to earning interest on your savings.

  • Therefore it is like a lottery, in that you buy tickets, and can win prizes, but like a savings account, because you never lose your money and you earn .. interest.

  • Some people call it Prize Linked Savings because it is like a Savings account, but the account also gives you a chance to earn prizes, in addition to saving your money.

  • Other people call it a Super Savers Account because in addition to earning interest you are eligible for prizes.

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  • Prizes are derived from earnings from ticket purchase price amounts being invested in Cubfinance DeFi Farms, so there is a possibility of impermanent loss, but balanced by gains over time.

This Weeks Prize Winner:

The Prize of 100 Leo goes to ticket #1562 which belongs to @spinvest

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Congratulations @spinvest

Leo sent to the winner:

Hivesigner not working. check back later.

I sent the Leo via Hive-Engine

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@nolosslottery
The “No Loss Lottery” Announcement: November 11th, 2022.

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I always love prizes and money, this one combines them both.

LOL!

:)

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Whats not to like?
Winning Anything is thrilling!
Winning Money is great!

Posted Using LeoFinance Beta