šDragonPrize
Meme reflection token On Solana Chain
Last updated
Meme reflection token On Solana Chain
Last updated
DragonSol Prize is an entirely new utility for meme tokens and also for reflection tokens on the Solana chain. It offers participants the opportunity to take part in a weekly lottery and win a portion of the fees generated by token transactions.
DragonSol Prize is a weekly lottery where a winner is randomly drawn from participants who have purchased at least one lottery ticket. Each ticket has a cost of 0.05 SOL, and there is no limit to the number of tickets a single participant can purchase. The lottery is based on 0.5% of the fees generated by DragonSol token buy and sell transactions. In other words, each time a buy or sell transaction occurs, 0.5% of the transaction amount is allocated to the lottery pool.
DragonSol Prize encourages community interaction and engagement through a fun weekly lottery.
Participants have the opportunity to win a portion of the generated fees, further incentivizing adoption and participation in the DragonSol platform.
50% of the lottery pool are allocated to funding partnerships with other token projects, enabling sustainable growth and expansion of DragonSol token functionalities.
Partnerships with other token projects can lead to beneficial synergies, further increasing the value and utility of the DragonSol token.
The lottery is conducted fairly and transparently, with the random selection of a winner from all eligible participants.
All lottery-related transactions and activities are recorded on the Solana blockchain, ensuring complete traceability and auditability.
BUY
Daily Volume -> $200,000
Weekly Volume -> $200,000 * 7 days = $1.4 Million
DragonPrize Value -> 0.5% of $1.4 million = $7,000
SELL
Daily Volume -> $200,000
Weekly Volume -> $200,000 * 7 days = $1.4 Million
DragonPrize Value -> 0.5% of $1.4 million = $7,000
TOTAL
Total = $14,000 Winner's Prize Value = $7,000 š¤ Partnerships = $7,000
