Rafflection

Rafflection

Rafflection RAFF Rank #-

Projects

Invest in Rafflection (RAFF) Token. What is it, price and staking

Rafflection Exchanges

Exchange Market Pairs Buy
Rafflection is a static deflationary token that generates liquidity with a custom incentive mechanism on Binance Smart Chain. Rafflection supply will decrease over time. All owners will simply collect multiple tokens by holding Rafflection in their wallet, and there will always be a liquid market and in each time period, a holder will be randomly chosen to receive multiple tokens. New personalized incentive mechanism that makes holding money a long-term solution Static rewards give you a percentage of all transactions Automatic liquidity injection based on transaction volume Automatically burn a portion of each transaction will automatically burn The contract of the lottery will choose a random address that has a minimum balance of 0.001% of (TotalSupply - TotalBurned). Since there is no implementation of VRF (verifiable random function, eg Chainlink), the function has been implemented without oracles. It consists of 2 parts: 1. The contract owner generates a random number (called a seed) which is combined with their address and hash (called a stamp) and then called in the start lottery function. seal = keccak256 (random32bytes, address) The block number of the next block will be stored in the contract. storeBlockNumber = currentBlockNumber + 1 2. The owner will then call the final lottery function with the initial seed which it will need to check to see if it is tight. seal == keccak256(seed, address) and calculates the random number as keccak256(seed, blockHash(storedBlockNumber)). In this way, the owner of the contract cannot know the hash of a future block and the miner cannot know the initial seed that the owner has processed. With this system, neither the owner nor the miner can manipulate the winner of the lottery, every 8 hours a random address that has a minimum amount of tokens will be awarded with at least 50% of its balance. Even if you don't win, a commission will be taken from the prize and distributed to all other holders, so it's a winning scenario. The number of tokens provided is calculated as follows - 50% of the winner's balance if it is less than 1% of the lottery balance - 1% of the lottery balance if it exceeds 50% of the winner's balance - 100,000,000 RAFF if greater than 1% of total balance Lottery Distribution Total Supply: 1,000,000,000,000 There will be an initial burn of 20% of total stock Lottery will start with 10% of total stock as initial balance Team will own 10% of tokens, 5% for developers, 5% for marketing/research 5% of the tokens will be allocated to community rewards such as giveaways and new games. We will implement 55% of the total supply has been distributed equally in pre-sale.