Sup Chads.
Welcome to WINLAMBO. A smarter way to RFI!
Everyday a new RFI fork launches with no definite goals or plans to achieve them.
This is different.
Here at WINLAMBO we have a definite purpose. Our purpose is to send out lambos to the community like the Chad Oprah Winfrey.
And we plan on doing just that by incentivizing continuous volume with a daily jackpot!
With each transaction that happens, 4% of the transaction is swapped to BUSD and sent to the LAMBO fund.
When the LAMBO fund has 210,000 BUSD, enough for a spankin new 2021 Huracan EVO, a winner is chosen by random and is sent the full amount.
Tokenomics
1 Billion total tokens
— 500M will go to Liquidity.
— 350M will go to Presale.
— 150M will be burned as marketing milestones are reached!
The Presale funds will be used as follows:
— 60% to fund liquidity
— — LP Tokens will be sent to the burn address (locked forever).
— 40% for marketing/operations
Mechanics
WINLAMBO is a reflective token.
With each transaction that happens:
— 4% of the transaction goes to the Lambo Fund. This will be 10% on the first day to pump out a lambo ASAP. Then it will be changed to 4% on day 2.
— 2% of the transaction goes to WINLAMBO Hodlers.
— 2% of the transaction goes to the WINLAMBO-BNB Liquidity Pool.
— 4% of the transaction goes to the daily jackpot fund.
— 1% of the transaction goes to the team to eat ramen.
To make sure everyone gets the chance to stack tickets on ground floor, there will be a max transaction limit of 200,000 WINLAMBO during the first day of listing. This guarantees a more diverse group of holders at launch.
So when you go to buy, do it in chunks of 200,000.
On day 2, the max transaction limit will be raised to 5,000,000 WINLAMBO.
The Lambo Jackpot
Your tickets are your tokens.
The more tokens you hold at the time of the Jackpot, the more tickets you have!
When you buy or receive WINLAMBO, you get tickets.
When you sell or send WINLAMBO, your tickets are destroyed.
When you buy tokens, you get a range of tickets equal to the number of tokens your purchased. For example, if you are the first buyer and you bought 100 tokens, you get tickets 1-100.
Keep in mind that there are RFI fees involved, so when you buy 100 tokens, you actually receive 100 tokens minus RFI fees. Let’s assume fees are 10%, so you receive 90 tokens and tickets 1-90. We are going to assume there are no RFI fees for the rest of this example.
When you sell tokens, your tickets are burned by being sent to the WINLAMBO contract. Based on the example above, if you sold 50 tokens, then you will have tickets 1-50 and tickets 51-100 now belong to the WINLAMBO contract, i.e. they are burned.
When somebody purchases after you, first they will get the burned tickets, and if there aren’t enough burned tickets, then they are minted new tickets.
For example, if buyer # 2 purchased 25 tickets after you sold, then buyer #2 will have tickets 51-75. And the burned tickets will be 76-100.
Once the Lambo Fund has $210,000 in it, there will be a Jackpot to see who will take it all!
We will announce a date and time for the Jackpot in the Telegram.
Pro tip: send or receive 1 WINLAMBO before the Jackpot to maximize your tickets. By doing this you incorporate the 2% reflection from other people’s transactions into your tickets. You can even send to yourself ;)
The details of how the Jackpot happens are published here.
Check it out!
Keep in mind that the Lambo Fund is a multisig contract. It can only send funds when the majority of the people on the multisig approve.
And the people on the multisig are 5 different trusted members of the community.
The LAMBO is SAFU.
Also note that for the LAMBO Jackpot, the users’ tickets include the 2% fee that is reflected to hodlers. By hodling, you have a higher chance at winning!
The Daily Jackpot
Most RFI forks hit a sticky point where volume dries up worse than your grandma! We planned for that.
All we want is continuous volume to pump out Lambos.
Enter the Daily Jackpot! Super volume incentivizer!
As mentioned above, 4 percent of each transaction goes to the daily jackpot fund. Some of that fund will be used to incentivize volume each day, as determined by the team and community. A percentage of the presale funds raised (the operations fund) could also be used to kickstart the daily jackpot.
The Daily jackpot will be distributed to winners in 2 ways:
- 30% of the daily jackpot will go to the top 3 users in terms of volume for that day who still hold tokens. Volume is the total # of WINLAMBO sent & received.
Distributed as follows:
— 15% to 1st place
— 10% to 2nd place
— 5% to 3rd place - 70% will be distributed in raffle mode similar to the Lambo Fund.
14 Jackpots will happen each paying 5% of the Daily Jackpot.
To qualify for these Jackpots, you will have to be in the top 100 users in terms of volume for that day. Volume means total tokens bought and sold.
Your tickets are your tokens. If you are in volume leader positions 1–100, the more tokens you hold at the time of the raffle, the more tickets you have for it.
The Daily Jackpot winners will be determined and announced every day at 16:00 UTC in the WINLAMBO official telegram group.
The details of how the Jackpot happens are published here.
Check it out!
Note that for the Daily Jackpot, the users’ tickets include the 2% fee that is reflected to holders. By hodling, you have a higher chance of winning!
The Team reflection
1% of each transaction will go to the team fund. This will ensure the team stays motivated and their incentives are aligned with the continued success of the protocol and growth of the community.
Additional Reflections and Jackpots
There are slots for 2 more jackpots and reflections available in the contract.
These are set to 0% and are inactive at first.
The Lambo multisig will be able to activate them in case there are some great community ideas that we’d like to incorporate into the system.
In Conclusion
Lots of thought and hard work has been put in to make this a good experience!
Grab your bags, grab your popcorn, and enjoy the ride!
Vroom vroom bitches!
Disclaimer
WINLAMBO is not available to players in the United States.
WINLAMBO is a Defi experiment. The WINLAMBO token carries no intrinsic financial value and does not pretend otherwise.
WINLAMBO contracts have not been audited yet, however our team contributors and developers have made reasonable efforts to ensure the protocols integrity through rigorous testing and collaboration, as well as, by developing WINLAMBO using battle-tested code.
Any person or entity who chooses to engage with the WINLAMBO and associated contracts are doing so completely at their own risk.
The WINLAMBO developmental roadmap aspirational and delivery (or non-delivery) of these objectives is entirely at the teams sole discretion.
To facilitate faster development and improvements, the WINLAMBO team will remain anonymous in line with Defi industry practice.
The WINLAMBO team and community will not be liable in any way for financial losses incurred due to your use of WINLAMBO platform or WINLAMBO token.
Please perform your own due diligence and thorough research on WINLAMBO and the other protocols before taking any action.
