No Loss Lottery

As the name suggest, no-loss lottery means that users deposits are not lost if they don't win. Interested users would need to use their $TARO tokens to buy a lottery ticket to participate in the lottery. Each ticket gives a chance to win 1 NFT chest, which usually occurs at a weekly time cadence.

Hero NFT Lottery

The number of box prizes given out in each lottery will be based on the number of tickets sold and the price of each box will be based on (previous weekly avg price / 5) but will never be less than 20 USD creating a floor for NFT holders. The amount of $TARO required will be set according to the first raffle price. Total Raffle Price = Single Raffle x Raffle amount. Once you participate, your $TARO tokens will be staked/frozen , at the end of the Raffle if you did not get a NFT chest you can redeem your $TARO tokens.

NFT Chest Prizes for each lottery:

Tickets Sold	NFT Chest Prizes
1-20,000	2000
20,001-50,000	5000
50,000-75,000	10,000
75,000-100,000	15,000
100,000 or more	20,000