Glow Lotto Short Explainer
Last updated
Last updated
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.
Show the process as an infographics
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.
