Aolotto is a $1 on-chain lottery using the AO decentralized protocol. It offers a simple, permissionless, and transparent lottery experience. Profits are distributed to $ALT holders through dividends and buybacks, with the opportunity to engage in the LottoFi ecosystem powered by the $ALT community.
Features
On-chain Lottery
A $1 lottery protocol that operates on the AO blockchain, providing a decentralized, simple, permissionless, and transparent gaming experience.
Bet2Mint Mechanism
Allows participants to mint $ALT, benefiting from platform profits which are redistributed to $ALT holders via dividends and buybacks.
Progressive Jackpot
Offers an increasing prize pool that players can win, increasing chances with each subsequent round.
Permissionless and Transparent
Builds on distributed storage for security and transparency, ensuring that all operations are open and verifiable.
Profit Redistribution
Profits earned by the platform are fully returned to $ALT holders, promoting a community-driven financial model.