Check Your Wallets: How a Simple Lottery Led to a $3000 Airdrop and a 2.5% Supply Burn

The last few weeks in the Dewae world have been a huge rollercoaster ride, full of twists and surprises. If you missed out on the excitement, don’t worry. Let’s take a dive into some of the awesome events that have taken place.

Brudda Dewae
dewae
3 min readJun 30, 2023

--

How it started

After a lot of subtle hints and teasing, we finally announced the launch of our first official Dewae product…

Our very own decentralized lottery, giving $DEWAE holders a chance to win huge rewards worth thousands of dollars each week.

The excitement grew as the prize pool reached over $3000, setting the stage for an incredible event.

As the event drew closer and closer to the end, the hype only got stronger, with everyone on the edge of their seats about whether they’d won the jackpot or not…

But our team had a surprise up our sleeves.

Instead of announcing the winning numbers, we asked everyone to check their wallets.

People were confused, but curious as they looked into their wallets, unaware of what was awaiting them.

An Unexpected Twist

In a clever move, our team turned the lottery into a mind-blowing burn event.

We bought back and airdropped ALL of the $DEWAE tokens people had spent and even added an extra 10% as a special thank-you.

In total, we ended up burning 2.5% of the total $DEWAE supply, sealing it forever in a renounced lottery contract.

We did this to not only show our commitment to delivering constant value to our holders, but to show that when we make promises, we keep them.

But wait… There’s More

People were ecstatic, but little did they know, more surprises were in store. We didn’t stop there.

We had promised a lottery, so a lottery was exactly what we planned to deliver.

The next week, we announced the REAL lottery would be going live, to everyone’s excitement.

And what’s more, each person who participated in the burn event received 2 FREE tickets for the next lottery. And oh boy, the rewards were incredible! Over 1 Billion $DEWAE tokens were given out to lucky winners.

What’s Next

While the last few weeks have been epic, the excitement definitely doesn’t end here. In fact, this is only the start of our journey.

With an experienced team of DeFi builders, it’s in our nature to ship high-quality, never-seen-before products to our loyal community members.

We plan on becoming the gold standard of memes, and can’t wait for you to watch as we take over.

--

--