Operation and Process

Transparency is one of the lottery's key priorities. Without making the process clear and understandable for the community, transparency cannot be fully achieved. This page is dedicated to illustrations, charts, and explanations in detail of the lottery.

In the lottery players deposit DFI in units of 0.1 only (how to buy DFI). Each unit of 0.1 DFI is considered a ticket, so 1 DFI will buy 10 tickets for a player. The DFI must be deposited to the lottery address, which is released Friday (UTC) before the lottery drawing week starts. Deposits to this address, which are non-refundable, can be made beginning Saturday at 00:05 UTC, until the following Friday at 21:05. Only use an address you have control of, payouts are only sent back to the address they came from. Any deposits before Saturday at 00:05 or after Friday at 21:05 will be deemed invalid and will be sent to the burn address, 8defichainBurnAddressXXXXXXXdRQkSm.

The deposits will be held in the lottery wallet until the winner is compensated on Saturday (one week after deposits could be started). 95% of the lottery wallet's contents will be sent to the winner, and in the first two (this has since increased to four and may increase to five) drawings the remaining 5% will be burned. The lottery will then hold a vote/survey to determine where this 5% vigorish will go. Please remember that the winner still must pay taxes if they are located in a country where it is necessary.

The drawing process is explained in the illustration above. It is not possible to manipulate the lottery results as it would be necessary to know how many players will participate, the price of DFI and BTC three hours in advance, or otherwise set trades, and also using a masternode to create a manipulated block immediately following Saturday 00:00:01 UTC.