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Glow
Introduction
Guide To Glow Docs
Glow dApps
Glow Lotto
Glow Creators
Glow Starters
And More To Come
Ecosystem
Glow Token (GLOW)
Glow Ecosystem Fund
Build on Glow SDK
Press Kit & Branding Assets
Tutorials
Glow Lotto Short Explainer
Getting a Terra Wallet
Getting UST/LUNA
Buy $GLOW
Claim your $GLOW airdrop
Become a liquidity provider
Earn LP rewards
Stake your $GLOW
Lotto Deposits & Withdrawals
Claim a Lotto Prize
Governance
Governance Model
Proposals & Voting
Protocol Parameters
Glow Lotto Parameters
FAQ
General FAQ
Glow Token FAQ
Lotto FAQ
Security FAQ
Smart Contracts
Architecture
Contract Interfaces
Deployed Contracts
Randomness
Security
Audits & Security
Risks
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Glow Lotto Short Explainer
Glow Lotto is a net-win Lottery where you deposit UST to get free tickets for a chance to win the weekly jackpot and on top, you'll accrual interest.
With Glow Lotto you'll receive interest on your UST deposit and free Lottery tickets for a chance to win the weekly jackpot. It's a no-loss service where you can withdraw your initial deposit plus accrued interest if you do not want to participate in the lottery anymore.

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The full process as of now

  • Deposit at least 25 UST (= 1 Ticket)
  • Receive Ticket + Accrue Interest at the same time (5% APR)
    • Optionally: Refresh ticket distribution (totally or partially)
  • Lottery numbers are drawn once per week
  • Claim Prizes on ticket winning - it happens instantly
  • No Loss withdraw: Request withdrawal UST, lose the respective amount of Tickets
    • Info: Subject to 7 day lockup period for withdrawal requests. After 7 days user needs to claim
  • Instant withdrawal: Request instant withdrawal UST (a 5% fee will apply) and lose the respective amount of tickets.
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Getting a Terra Wallet
Last modified 5mo ago
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