Description
LoTerra is a decentralized lottery platform on the Terra blockchain, using its native cryptocurrency, LOTA, for participation and rewards. It features a transparent, fair, and automated lottery system powered by smart contracts, with draws secured by blockchain-based random number generation (RNG). Players purchase tickets with Terra stablecoins, contributing to both the prize pool and a governance staking pool, allowing LOTA holders to influence the platform's direction and policies. A portion of profits is reinvested into the ecosystem, encouraging growth and sustainability. LoTerra merges the excitement of lotteries with the principles of decentralized finance (DeFi), governed by its users and leveraging blockchain for security and integrity.
LoTerra is a decentralized lottery platform on the Terra blockchain, using its native cryptocurrency, LOTA, for participation and rewards. It features a transparent, fair, and automated lottery system powered by smart contracts, with draws secured by blockchain-based random number generation (RNG). Players purchase tickets with Terra stablecoins, contributing to both the prize pool and a governance staking pool, allowing LOTA holders to influence the platform's direction and policies. A portion of profits is reinvested into the ecosystem, encouraging growth and sustainability. LoTerra merges the excitement of lotteries with the principles of decentralized finance (DeFi), governed by its users and leveraging blockchain for security and integrity.
