The No Loss Lottery is called No Loss because your lottery ticket purchase price actually is a deposit into a savings account, which also makes you eligible for a prizes, in addition to earning interest on your savings.
The Prizes are derived from earnings from a liquidity pool on Cubfinance!
All ticket purchase price amounts are invested in a Cubfinance Decentralized finance project created by @khaleelkazi, the creator of Leofinance and nine other blockchain projects.
Cubfinance is a fork of older, experience projects and is Certik certified, an independent decentralized finance project software auditing firm.
All ticket deposits are guaranteed refundable from the deposited funds in the liquidity pool, and as back-up I hold more then the deposited amounts of Leo in my personal account.
So it's called the no loss because you can get all your money back, and it's a lottery because you can win a prize.
You can enter by sending Leo via wallet transfer to @nolosslottery.
All transactions are recorded on the blockchain, so all wallet transactions are screenshotted and published in posts.
All winners are determnined by a publically available random number generator and numbers assigned as tickets are purchased.
The odds of winning are determined by the number of tickets, currently 5323, and the number of Leo you deposit.
You can check out the Winners Announcements at @nolosslottery
This is a fun way to save some of your Leo in an account which also allows unexpected large prizes of 100 Leo.
