📖How the Raffle works

How the Raffle works

Ticket system

To participate in RaffleLL, you need to deposit ETH. The funds you deposit will get you rETH which will accumulate Ticket Points when staked. 1 rETH staked will earn you enough points to claim one ticket per week. When you claim a ticket, you become eligible to participate in the Raffle for that specific week.

Receipt Token

When depositing ETH to RaffleLL you will get rETH as a receipt token. Compared to ETH on Blast, rETH will not accrue any on-chain yield but will accumulate Ticket Points when staked to claim RaffleLL tickets.

How to earn Ticket Points

You can earn Ticket Points while staking rETH or providing liquidity for rETH-RLL.​

Claim Raffle Ticket

Once you've accrued a sufficient amount of Ticket Points, you have the opportunity to redeem a Raffle Ticket for the respective week. There are 10,000 Raffle Tickets accessible weekly, allocated on a first-come, first-served basis.

Prizes

Raffle prizes are in form of RLL tokens or Items, which can be used within the RaffleLL economy.

• 1st - 2000 RLL + Jackpot

• 2n-10th - 200 RLL

• 11th-100th - 40 RLL

• 101th-500th - 20 RLL

• 501th-1000th - 9.2 RLL

• Items : Raffle Ticket Whitelist, Lucky Wheel Coupons

Any prizes that remain unclaimed during the current week will be carried over and added to the Jackpot for the 1st prize in the following week. The weekly Raffle will witness a gradual reduction in RLL emission, decreasing by 10% annually.

Items

• Raffle Ticket Whitelist : This item, when used, will secure a Raffle Ticket for the next week. It will also spend the equivalent of Ticket Points when used.

• Lucky Wheel Coupon : You can spin the Lucky Wheel with this coupon​