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Fees & Taxes
The page explains how fees are split on key purchase and when a round finishes
40% of every key purchase is directly added to the pot that the eventual winner takes home
25% of every key purchase is paid as dividends to keys holders
15% of every key purchase is paid as dividends to $LUCKY token holders
4% of key purchases go towards $LUCKY token buybacks. These tokens will be burnt further increasing the scarcity and value of the $LUCKY token
3% of key purchases are used to cover the costs of developing the Lucky Games ecosystem, hiring developers, facilitating partnerships, and compensating contributors
3% of key purchases are used to fund marketing campaigns, CEX listings, ads, onboarding influencers/ambassadors, promotional charity donations, and sponsoring real world events
Providing there is a referrer 10% of the amount purchased will be additionally rewarded directly to the referrer. If there is no referrer, the 10% is added to our Token Buyback mechanism enhancing our token burn rate.
Key purchase tax splits visualized
40% of the pot goes to the winner of the round
25% of the pot is paid as dividends to keys holders
15% of the pot is paid as dividends to $LUCKY token holders
4% of the pot is used for $LUCKY token buybacks. These tokens will be burnt further increasing the scarcity and value of the $LUCKY token
3% of the pot is used to develop the Lucky Games ecosystem, hiring developers, facilitating partnerships, and compensating contributors
3% of the pot is used to fund marketing campaigns, CEX listings, ads, onboarding influencers/ambassadors, promotional charity donations, and sponsoring real world events
10% of the pot is used to seed a new pot for the next round of the game. This is to ensure there is ample reward to continue playing in every round.
Round end tax splits visualized
Text | Key Purchase Tax Split | Game Finishing Pot Split |
|---|---|---|
Pot | 40% | - |
Winner | - | 40% |
Keys Holder Reflections | 25% | 25% |
Token Holder Reflections | 15% | 15% |
Referral | 10% | - |
Token Buyback | 4% (14% if no referral) | 4% |
Development | 3% | 3% |
Marketing | 3% | 3% |
New Game Pot | - | 10% |
This is a simple example to help you understand how the pot will be split among participants.
Lets assume the game finishes with $1,000,000 of BNB in the pot.
The winner will have spent $0.48 on acquiring the winning key.
Text | % Split | Calculation | $ Value |
|---|---|---|---|
Game Winner | 40% | 0.4 * 1,000,000 | $400,000 |
Keys Holders | 25% | 0.25 * 1,000,000 | $250,000 |
Token Holders | 15% | 0.15 * 1,000,000 | $150,000 |
Token Buyback | 4% | 0.04 * 1,000,000 | $40,000 |
Development | 3% | 0.03 * 1,000,000 | $30,000 |
Marketing | 3% | 0.03 * 1,000,000 | $30,000 |
New Game Pot | 10% | 0.1 * 1,000,000 | $100,000 |
So:
- The winner receives $400,000 in BNB - not bad for a $0.48 key buy!
- $250,000 and $150,000 are given as dividends to key and token holders respectively
- $40,000 of $LUCKY token will be bought back and burnt
- $30,000 funds further $LUCKY ecosystem development
- $30,000 funds further $LUCKY ecosystem marketing
- $100,000 is seeded into the next rounds pot
Last modified 9mo ago