Cubfinance PrizeLinked Savings Account Project, the No Loss Lottery.

Announcements

Prize Pool closing in on 3000 BLEO!

Hello Everyone,
I am happy to announce many more entries in the No Loss Lottery and the Prize pool is very close to 3000 BLEO!

Whale donating 1000 BLEO

A well know Leofinance Whale is donating 1000 BLEO to the Prize Pool. This is great because it is a Reserve Pool donation, which increases the Prize size, but doesn’t affect winning odds for entrants because no tickets or numbers are purchased! Hurray!

Prize Pool at 4000 BLEO Soon

I have noticed the effects of compounding and the daily earnings increasing, so this weeks prize will be the biggest yet. I hope you are excited also.

New Entrants Log Update

Here is the updated Log:

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No Loss Lottery Summary:

Short explanation

You send your Leo to Hive account@nolosslottery so you have a chance at a prize, worth much more then the Leo you sent, and you can always get your Leo back.

The No Loss Lottery combines the Money Safety aspect of a Savings Account, with the Large Prize aspect of a lottery.

It lets you save and it lets you dream.

Let it Ride!
In the No Loss Lottery your money is never lost, you deposit it, and leave it in to enter every weeks lottery.

Okay, How do you enter?
First, Send one Leo or more, to Hive account@nolosslottery
Second, you will be assigned a number.
Done.

That’s it. Done.

A Longer Short Explanation

You send your Leo to Hive account@nolosslottery so you have a chance at a prize, worth much more then the Leo you sent, and you can always get it back. It’s a Prize Linked Savings Account. It lets you save and it lets you dream.

The No Loss Lottery is a Hybrid of a Savings Account and a Lottery.

The No Loss Lottery combines the Money Safety aspect of a Savings Account, with the Large Prize aspect of a lottery. You send your Leo to Hive account@nolosslottery so you have a chance at a prize, worth much more then the Leo you sent, and you can always get it back.

Let it Ride!

In the No Loss Lottery your money is never lost, you deposit it, and leave it in to enter every weeks lottery. You don’t get paid regular teeny tiny interest payments, but you get a chance to win Big, the interest from everyone’s deposits. So it’s randomly awarded interest payments.

The Reserve

The creator of No Loss Lottery Hive account@shortsegments has deposited a bunch of BLEO in the pool called The Reserve, an amount of Leo which generates interest, but for which there are no assigned numbers, so it doesn’t compete for prizes. It just makes the prize bigger!
Hurray!

Okay, How do you enter?

First, Send one Leo or more, to Hive account@nolosslottery

Second, you will be assigned a number.

Done.

What happens Next

First, the list of entrants is published daily.

Second, a Google random number generator is used to pick the winner.

Third, the winner’s name and number is published weekly.

Fourth, You are entered into the lottery every week as long as you leave your Leo there.

Fifth, you may request your Leo back the day after the Lottery. Send a wallet memo to Hive account@nolosslottery. Expect 1-2 days, although I will try to provide same day service.

But I suggest you leave it in, to qualify for the next lottery.

Hive account@shortsegments

Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance.

Read more of shortsegments articles here: @shortsegments

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