The Introducation of LuckTogether Economic Model
LuckTogether is an open source, decentralized and no loss lottery mining project. Users only need to deposit the corresponding token in any prize pool to have a chance to win a big prize and at the same time obtain mining revenue. LuckTogether is based on a safe, non-destructive, and fair design concept to ensure that every participant can gain returns. The most importantly, user’s principal will have no loss!
Below is an overview of LUCK’s economic model:
The token name issued by LuckTogether is “LUCK”.
Total issuance based on ETH: 40 million.
Allocated to ETH: 10 million.
Allocated to BSC: 10 million.
Allocated to Heco: 10 million.
Reserved for Polkadot and other possible public chains: 10 million.
Among them, the distribution ratio of #Heco is as follows:
Total issuance: 10.000,000 LUCK
Team holding: 10%, released linearly in 100 weeks.
Marketing: 7.76%, the initial release is 20%, and the remaining released linearly in 100 weeks.
Lottery mining: 66.72%, a block in 3 seconds, the reward generated by a single block decreases by 0.033 every 90 days, and the release is expected to complete in about 3 years.
Liquidity mining: 15.52%, decrease by 40% every 90 days, and the release is expected to complete in about 3 years.