Daily Draw
Automatic participation, prize distribution every 24 hours at 00:00 UTC
How it works
Automatic Participation
- Every Letter NFT you mint automatically enters the Daily Draw
- Valid for 1 draw only (same day as minted)
- No manual entry required
- Participation is tied to the NFT, not the wallet
Prize Distribution
Top 5 winners split 100% of the daily pool:
- 1st place: 45% of pool
- 2nd place: 20% of pool
- 3rd place: 15% of pool
- 4th place: 10% of pool
- 5th place: 10% of pool
Pool Size
The Daily Pool receives 68% of all mint fees. This means:
- Every 1 TWT minted → 0.68 TWT goes to Daily Pool
- Pool accumulates throughout the day
- Distributed to 5 winners at 00:00 UTC
Checking Results
After the draw is finished, you can check results:
- App Page: Visit app.letterfi.xyz to see the latest draw results
- User Cabinet: Navigate to the Daily Draw section in your User Cabinet
Claiming Rewards
How to Claim
- Navigate to User Cabinet → Daily Draw section
- Find NFTs with available rewards
- Click "Claim" button for single claims
- Use "Batch Claim" for multiple NFTs
Important Notes
- No time limit: Claims never expire
- Transferable: You can send an NFT with rewards to anyone
- Current holder only: Only the current NFT holder can claim the reward
- Sellable: You can sell NFTs with unclaimed rewards on marketplaces
Example Scenario
Day 1:
- You mint 1 Letter NFT at 10:00 UTC
- NFT automatically enters Daily Draw #1 (runs at 00:00 UTC next day)
- Pool size: 100 TWT (from ~147 mints that day)
Day 2:
- Draw #1 executes at 00:00 UTC
- Your NFT is selected as 3rd place winner
- Reward: 15 TWT (15% of 100 TWT pool)
- You can claim anytime from User Cabinet
Day 3:
- Your NFT from Day 1 is no longer eligible for Daily Draw
- It can still participate in Mega Jackpot (if within participation period)
Tips
- Mint early in the day to maximize your chance (more pool accumulation)
- Check results regularly to see if you won
- Claim rewards when convenient - they never expire
- Multiple NFTs = multiple chances to win
Fairness
Chainlink VRF
All draws use cryptographically secure randomness
On-chain Verification
Every draw result is publicly verifiable
No Manipulation
Impossible to predict or influence outcomes
Transparent
All pool sizes and distributions visible on-chain