To participate in the raffle the minimum amount to burn is 1 000 000 SHIB (about $10 value). The number of tickets a participant gets depends on the number of SHIB burnt (the more you burn, the higher your chance of winning). The raffle will take place approximately once a month.
How Shibaverse Burn Raffle works:
The Sibaverse raffle contract collects SHIBA tokens from participants and burns them via an official burn contract published on ShibaSwap.com. In return, the raffle contract receives and sends back to participant burntSHIB. BurntSHIB is a receipt of your burning and according to SHIBA Inu developers may generate you an additional passive income. Go to burn.shibaswap.com for more information.
The raffle contract randomly draws winners and distributes VERSE rewards to the raffle winners. Winners do not win the same amount of VERSE. The first raffle winner receives the most, and the last receive the least.
The raffle contract also draws winners that will receive Shibaverse NFT rewards.
If you do not have sufficient amount of SHIB in your wallet you can choose the option “Buy and participate”. The contract will automatically swap the selected amount of ETH tokens into SHIB tokens and will burn them. The swap is made via shibaswap.com exchange.
Shibaverse does not charge any fees for participation in the raffle and provides VERSE and NFT rewards including network fees for distribution to the winning wallets (winners do not need to claim rewards).
The raffle contract keeps track of all participants and burns amounts as there may be additional benefits in the future for raffle participants.
We invite community groups or projects to fill the common reward pool for raffles in the coming months..
The drawing algorithm is coded into a smart contract - cannot be cheated, can be verified on-chain!
Contact @shibalution or @shannonsheriff via telegram to discuss the details.
Apart from participation in the raffle the best way you can support the communities efforts to burn SHIB is by sharing this link: