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Fees & Taxes
The page explains how fees are split on key purchase and when a round finishes
45% of every key purchase is directly added to the pot that the eventual winner takes home
20% of every key purchase is paid as dividends to keys holders
15% of every key purchase is paid as dividends to $LUCKY token holders
7% of key purchases go towards $LUCKY token buybacks. These tokens will be burnt further increasing the scarcity and value of the $LUCKY token
7% of key purchases go towards acquiring keys in the primary LucKey game. This will accelerate the pot growth of the flagship, whilst increasing dividends to participants/token holders
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
45% of the pot goes to the winner of the round
20% of the pot is paid as BNB dividends to keys holders
5% of the pot is paid as BUSD 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 $LUCKY token
15% of key purchases go towards acquiring keys in the primary LucKey game. This will accelerate the pot growth of the flagship, whilst increasing dividends to participants/token holders
3% of the pot is used to develop the Lucky Games ecosystem, hiring developers, facilitating partnerships, and compensating contributors
3% of the pot is used to fund marketing campaigns, CEX listings, ads, onboarding influencers/ambassadors, promotional charity donations, and sponsoring real world events
5% of the pot is used to seed a new pot for the next round of the game. This is to ensure there is ample reward to continue playing in every round.
Text | Key Purchase Tax Split | Game Finishing Pot Split |
|---|---|---|
Pot | 45% | - |
Winner | - | 45% |
Keys Holder Reflections | 20% | 20% |
Token Holder Reflections | 15% | 5% |
Token Buyback | 7% | 4% |
LucKey Key Buys | 7% | 15% |
Development | 3% | 3% |
Marketing | 3% | 3% |
New Game Pot | - | 5% |
This is a simple example to help you understand how the pot will be split among participants.
Lets assume the game finishes after 20,000 keys have been sold, so end-game has certainly commenced and a battle has occurred over the course of another 5,000 key buys.
There would be 70.12 BNB in the pot and a single key would cost 0.0313 BNB (~$ 9.40)
The winner will have spent 0.0313 BNB on the winning key and won 31.554 BNB - not bad.
Text | % Split | Calculation | BNB Value |
|---|---|---|---|
Game Winner | 45% | 0.45 * 70.12 BNB | 31.554 |
Keys Holders | 20% | 0.20 * 70.12 BNB | 14.024 |
Token Holders | 5% | 0.05 * 70.12 BNB | 3.506 |
Token Buyback | 4% | 0.04 * 70.12 BNB | 2.805 |
LucKey Key Buy | 15% | 0.15 * 70.12 BNB | 10.518 |
Development | 3% | 0.03 * 70.12 BNB | 2.104 |
Marketing | 3% | 0.03 * 70.12 BNB | 2.104 |
New Game Pot | 5% | 0.05 * 70.12 BNB | 3.506 |
So:
- The winner receives 31.6 in BNB
- 14.024 BNB and the BUSD equivalent of 3.506 BNB are given as dividends to key and token holders respectively
- 2.805 BNB of $LUCKY token will be bought back and burnt
- 10.518 BNB of LucKey Keys will be injected into the primary lucKey games pot
- 2.104 BNB funds further $LUCKY ecosystem development
- 2.104 BNB funds further $LUCKY ecosystem marketing
- 3.506 BNB is seeded into the next rounds pot
Last modified 8mo ago