IXT Cat Raff
IXT CAT RAFF is a new raffle hosted through the in-game corporation Lucky Cat, which is responsible for the raffles on Planet IX. Every Thursday at 12:00 AM GMT we will be hosting a draw of raffle tickets that players can purchase throughout the week by staking 10 IXT. Each A.O.C. can buy as many tickets as they like, and the tickets are valid for the draw that occurs every Thursday at 12.00 AM GMT.
These tickets will be available anytime before the drawing on Thursday. For example, a player can deposit 10 IXT on Wednesday and they will receive 10 tickets for the raffle. On Thursday, those tickets will then be entered into the LUCKY CAT RAFF for a chance to win a portion of the 2,500 IXT weekly reward pot. The tokens staked in exchange for the raffle will be locked for at least one week, and the user will not be able to use IXT for in-game functions.
After each week’s raffle, since the raffle acts as a “No Loss Lottery”, each user will have to interact with the contract again to receive new tickets for the following week’s raffle. Users are also free to withdraw their IXT from the pool to receive their IXT back, but the withdrawal lock will be set to one week after the first raffle and the user will not have access to that IXT until that period ends. There will be 5 winners each week, and the payout structure is below.
The payout structure:
40%
27%
19%
10%
4%
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