How It Works
Transparent Linear-Capped Lottery AMM
The Concept
Dynamic Odds
Odds decrease as more people bet on the same number, just like an AMM!
100% Solvent
The system never accepts a bet it can't pay out. Guaranteed!
Transparent
All math and funds are on-chain. Random numbers secured by FHE!
Game Flow
Create Round
Creator deposits collateral and sets parameters (digits, initial odds)
Place Bets
Players pick numbers. Odds are locked at the moment of betting
Draw & Claim
Winning number is drawn. Winners claim payouts anytime!
The Math
Odds = Max(MinOdds, InitialOdds × (1 - Exposure ÷ Limit))
Limit (L)
The maximum payout the pool can afford = Collateral × (1 - Fee)
Exposure (E)
Total amount the pool must pay if a specific number wins
Result
More bets on "77" → Higher Exposure → Lower Odds → Pool stays solvent!
Fee Structure
Creator Fee
Market creators set a custom fee (e.g., 1-5%) to earn rewards for managing their pools. This incentivizes the creation of diverse and exciting markets!
Protocol Fee
A small fixed fee of 0.25% is collected by the protocol to support platform maintenance, security audits, and future development.