What is LottoDeFi?
LottoDeFi (LDF) is a BEP-20 token on the Binance Smart Chain that powers a fully decentralized, automated, and auditable lottery protocol. Monthly draws select 103 winners using provably fair randomness via Chainlink VRF. No registration required — just keep LDF in your wallet to participate. Any wallet with LDF is automatically eligible for the next draw, as long as it has a positive and active balance. All operations are managed by smart contracts and Chainlink Automation, ensuring full transparency and eliminating human intervention. With a fixed maximum supply of just 500,000 tokens, LottoDeFi presents a unique use case for DeFi, combining passive stake, token-based utility, and on-chain fairness into a secure, scalable, and autonomous ecosystem.
Lottery Mechanism
• The lottery is run fully automatically, with no need for manual interaction.
• The contract uses Chainlink VRF (Verifiable Random Function) to generate a secure and auditable random number.
• Execution is triggered by Chainlink Automation after a 30-day interval, provided that the eligibility conditions are met.
• 103 winners are drawn per cycle with the following reward distribution:
1st Prize: 1 winner — 50%
2nd Prize: 1 winner — 25%
3rd Prize: 1 winner — 15%
4th to 103rd prize: 100 winners — 10% (split equally)
• The prize is automatically funded with a portion of the token's transaction fees.
