In the early stage of design, the designers carefully analyzed the blockchain in the past two years and hoped to develop a product that would not damage the user's assets but can obtain high profits and rebuild the people's belief. All greatness needs an opportunity. As the upsurge of DEFI is coming, the original fantasy comes true, a game without losers is finally developed, marking the coming out of Lucky Number.
The working principle of Lucky Number is that the deposited assets can produce returns automatically through the pledge of AAVE, Compound and dYdX. The players sign an intelligent contract, choose a strategy with the highest return to invest and realize high yield that cannot be obtained on an ordinary platform.
All platform profits will be summed up into a huge prize pool, and lucky players will be selected by regular lottery without affecting their assets.
Everyone has the probability to win the prize in the mining pool without damaging own assets. Therefore, the users will naturally care about the income distribution of the mining pool.
The income distribution of Lucky Number mining pool is as follows:
Where,One lucky user is selected from D pool every 2 days to obtain all the profits
Last lottery of M pool is carried out every month, 50% of the pool’s profits will be rewarded to the lucky users in addition to the profits of D pool.
The reward of LN pool will be used for community governance, which can further promote the development of Lucky Number and establish a larger ecosystem
The team pool is used to reward the developers and encourage more developers to build their own system in Lucky Number and make the ecology stronger.
So how does a user become the lucky player that take away all the rewards from the pool?
First, the user's pledge weight shall be measured. The winning probability will increase along with the increasing number of pledge U and pledge time. Here we introduce the concepts of pledge weight coefficient and time weight coefficient.
Scientific algorithm makes the user's lottery more fair, here we introduce the concepts of subtraction algorithm and random number algorithm.
According to the algorithm, lucky players will be generated once in a while and take away most profits from the pools, but the principal of the users will not be lost, they still can obtain high profits on the premise of not damaging their assets. As the number of participants increases, the profits will become higher and higher. Therefore, the rewards in the reward pool will also increase along with the expanding ecology of Lucky Number.
Option of Lucky NumberLP
The option of Lucky NumberLP is a unique design which can realize earning of LN from premium while ensuring the user's assets. After the circulation of LN Token, the users bring liquidity to the platform, and the pledge LP can obtain corresponding options at the real-time price. When the option is expired, the users has the right to exchange LN at the real-time rate or give up the exchange.
Moreover, Lucky Number has a community sub-mining pool module which can better drain and activate the community, help the community to increase liquidity and further enhance the user stickiness. In return, the participation in the community can also expand the ecology of Lucky Number and realize mutual benefit and common development.
The community can set up its own sub-mining pool and obtain corresponding profits. It means that the community can have its own Lucky Number and use its own token. In the whole process, Lucky Number is only responsible for providing a platform, all operations are completed in the community, which is not only independent but also closely connected, so that both parties obtain benefits.
Compared with other products on the market, Lucky Number has many remarkable advantages:
I. Compared with the same type of products, the whole operation of Lucky Number is lossless, the users do not have to worry about their assets;
II. Unique design of reward mining pool, the users can obtain the lottery qualification through assets pledge, which has high benefits and unrestricted rewards but no risks;
III. The sub-mining pool can attract more communities to expand the ecology, which has a very promising future;
IV. After the establishment of LP option, the users can obtain earnings of LN from premium at the real-time price while drawing lottery. Besides, LP option has the function of exchange rate locking, which can avoid the continuous decline of exchange rate caused by the continuous casting of token in other Defi mining pools.
Of course, this is only a part of Lucky Number's plan. It is destined to be a game without losers, while winners can obtain high profits. At present, Lucky Number is still developing continuously, it will make more explorations, enrich the ecology through business model, enhance its own value steadily, and not only ensure the safety but also increase the user’s assets, thus making everyone become a big winner in life.