🎁Seasonal Ranking & Jackpot

easonal Funds are SAFU

💰 The Jackpot

All Native Tokens purchases go to the Jackpot. Out of which --

Proportion	Utilities
40%	Directly Go To This Season's Jackpot
26%	DEX Liquidity + $DEGEN Buyback & Burn
12%	Next Season's Jackpot
18%	Piggybank
4%	Protocol Income

🎉 Winners

10 incarnations will be chosen to share the season's Jackpot, which is 40% of all purchases. As with all rewards, to be eligible it have to be in HoF by lifescore. 👀

Unlike Airdrop, Jackpot will choose 10 winners from HoF by chance. Higher the TVL, higher the chance to be picked so it's fair.

📌 Examples

Here's the situation ⬇️ (note: this example assumes that all tributers have the same coinday duration. In reality, the earlier you tributed, the higher your coinday)

Jackpot Size -> 1000 NATIVE TOKENS

Your Balance -> 1000 $DEGEN

Incarnation	TVL
Satoshi	8000 $DEGEN
Vitalik	1000 $DEGEN

Assuming we choose only 1 winner (in reality we choose 10) ⬇️

1. Choose Satoshi

If you choose to stake on Satoshi

👉🏽 Chance of winning would be 90% (9000 $DEGEN = 90% of net TVL)

👉🏽 But if you win, you only get 1000 * 80% * 1/9 = 88.88 NATIVE TOKENS

Why 1/9?

Because your total coinday is 1/9 proportionate to the entire pool's coinday

Note: Satoshi gets 20% of the pool == 200 NATIVE TOKENS, as he's the owner

Incarnation	TVL	Note
Satoshi	9000 $DEGEN	<- You stake here
Vitalik	1000 $DEGEN

2. Choose Vitalik

If you choose to stake on Vitalik

👉🏽 Chance of winning would be 20% (2000 $DEGEN = 20% of net TVL)

👉🏽 But if you win, you can get 1000 * 80% * 1/2 = 400 NATIVE TOKENS

Why 1/2?

Because your total coinday is 1/2 proportionate to the entire pool's coinday

Note: Vitalik gets 20% of the pool == 200 NATIVE TOKENS as he's the owner

Incarnation	TVL	Note
Satoshi	8000 $DEGEN
Vitalik	2000 $DEGEN	<- You stake here