💎DragonPrize

Meme reflection token On Solana Chain

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.

Operation of DragonSol Prize

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.

Goals and Benefits

1. Community Engagement:

• 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.

2. Project Sustainability:

• 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.

3. Equity and Transparency:

• 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.

Example

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 🤑 Partnerships = $7,000

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