No open WLot at the Moment

Status: CLOSED

WKD balance:

0  WKD

Pending balance:

0  WKD

RECENT WLOTS

No Rounds(s) to Display

FAQ

(frequently asked Questions)

What is Wakandainu LOT (wLOT)?

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wLOT is the first DAO-sponsored product that pools funds together for seven people and then draws winners using the Binance oracle to select three (3) winners.

Do I need BNB to Join a Cycle?

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No, you only need Wakanda Inu native token WKD to participate.

How are the prizes distributed?

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The total amount pooled together is shared between the first three winners by Binance Oracle—first winner: 40%, second winner: 25% and third winner: 15%.

How is the winner determined?

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The winner is determined by the Binance oracle, which randomly selects the winners without the interference of anyone.

What is Binance VRF?

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Binance Oracle VRF is a Verifiable Random Function (VRF) solution that enables blockchain developers to generate random numbers.

Can I Join a Cycle More Than Once?

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No, you cannot join a cycle more than once using a single wallet address. You wait for the current cycle to fill before entering again.

Can I Enter Using Multiple Wallets?

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Yes, you can enter a cycle using multiple wallets.

Is There a Time Frame for Each Draw?

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wLOT is not a time bond; after seven entries enter a cycle, the oracle automatically draws it and opens a new cycle.

What Happens to the Remaining 20% Of the Total Pool?

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5% of WKD from every cycle gets burned, while 15% goes for development and marketing.