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Discover Leet Lotto: A Decentralized Lottery System with High-Stakes Rewards on BNB Chain

by BSC News

July 9, 2023

chain

With ticket prices starting at just 0.0065 BNB and potential jackpot prizes up to 250 BNB, Leet Lotto offers an exciting experience for users seeking high-stakes opportunities on BNB Chain.

Introducing Leet Lotto

Gaming platform GMR Center has recently unveiled a groundbreaking decentralized lotto application – Leet Lotto. This innovative gaming lottery marks a significant milestone in the industry by seamlessly integrating entertainment with cutting-edge blockchain technology.

With lottery ticket prices starting at 0.0065 BNB and the potential to win jackpots of up to 250 BNB, the stakes are undeniably high!

To ensure fairness and transparency throughout the selection process, Leet Lotto leverages the cutting-edge Verifiable Random Function provided by Chainlink. This incorporation of cryptographic proofs guarantees a level playing field for all participants, removing control from the hands of the Leet Lotto team – a development that resonates with the spirit of this innovative venture.

Moreover, the seamless integration with Chainlink enables Leet Lotto to distribute prizes automatically through secure smart contracts. By eliminating intermediaries, winners can enjoy a direct transfer of their rewards to their respective wallets, bolstering the overall efficiency and integrity of the lottery system.

Enhanced GMR Utility | Buy Back and Burn

The team has also introduced a buy-back-and-burn feature for Leet Lotto, ultimately enhancing the overall utility of GMR tokens. 

Whenever a winner is selected for Leet Lotto, 10% of the prize pool's value is acquired from the platform fees and utilized to repurchase and burn $GMR tokens. The introduction of this feature has no impact on the prize pool, as the 10% deduction is specifically sourced from the platform fees. This strategic move is expected to create a positive impact on the value and scarcity of GMR tokens. The team will frequently announce the occurrence of buy-back-and-burn events within their Telegram group.

The introduction of Leet Lotto by GMR Center represents a groundbreaking achievement in the gaming industry. By merging entertainment with advanced blockchain technology, this decentralized lottery application offers a unique and exciting experience for participants. With a minimum token requirement and the potential for substantial jackpot prizes, Leet Lotto captures the attention of users seeking high stakes and thrilling opportunities in the BNB Chain ecosystem.

What is Leet Lotto:

Leet Lotto is a revolutionary decentralized lotto application that brings excitement and trust to the world of cryptocurrency. The users are offered an unparalleled experience as they embark on a thrilling journey to win incredible prizes like BNB, tokens, and even Non-Fungible Tokens (NFTs).

With Leet Lotto, users seamlessly navigate the vast landscape of the BNB Chain network. The cutting-edge integration with The Graph protocol ensures lightning-fast data indexing, providing users with real-time updates and a seamless user experience. Additionally, Leet Lotto has partnered with Chainlink VRF/Upkeep to deliver an end-to-end decentralized solution, guaranteeing unmatched fairness and transparency.

Stay updated with GMR Center and Leet Lotto via the following links:

Join Leet Lotto | Twitter | Telegram | Whitepaper

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