The “No Loss Lottery” Announcement: October 16th, 2022.
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.
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 #108 which belongs to @jc1991gsf
Congratulations @jc1991gsf
Leo sent to the winner:
Hivesigner not working. check back later.
I sent the Leo via Hive-Engine
Posted Using LeoFinance Beta
