The Vault DAO
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  • ๐Ÿ‘‹Welcome to The Vault DAO!
  • Project Overview
    • ๐ŸŽซOur Missions
    • ๐Ÿ”The Vault
      • Vault Access
      • Fueling The Vault
    • ๐Ÿ—บ๏ธRoadmap
    • ๐Ÿ“–Smart Contract Functionality
    • ๐ŸงฎCommunity Engagement
    • ๐Ÿ—บ๏ธPhase 2
  • solutions
    • ๐ŸงŠVault Key Holder Benefits
    • ๐Ÿ’ธUnique Selling Proposition (USP)
    • ๐Ÿ“ŠRarity Chart
    • ๐Ÿ™๏ธHow Raffles Work
    • โ™ป๏ธRaffle Reward Distribution
  • community
    • ๐ŸŒWebsite
    • ๐Ÿ‘ฅDiscord
    • ๐Ÿ“ฑInstagram
    • ๐ŸŽŸ๏ธVoting Booth
    • ๐Ÿ“ˆOpensea
  • ๐Ÿ“œTerminology
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  • 1. Winner's Prize Pool
  • 2. The Vault / DAO Funding
  • 3. Team & Operational Cost
  • Example 1: 30ETH Raffle
  • Allocation Breakdown:
  • Example 2: 15 ETH Raffle
  • Allocation Breakdown:
  1. solutions

Raffle Reward Distribution

These percentages can vary based on the specific aims, financial models, and goals of the raffle or project. Transparency in how these percentages are distributed is essential to ensure trust and fairness within the community.

1. Winner's Prize Pool

20-30% of the total proceeds could be allocated to the winners' prize pool. This ensures an attractive reward for participants and incentivizes engagement.

2. The Vault / DAO Funding

65-75% will be directed to The Vault or the Community DAO. This contribution aims to support the communityโ€™s growth and development.

3. Team & Operational Cost

A smaller portion, roughly 5-10%, may be allocated to cover operational costs, team efforts, marketing, or other expenses related to hosting the raffle and maintaining the project.

Example 1: 30ETH Raffle

  • Amount of Tickets: 6000 Tickets

  • Ticket Price: 0.05 ETH Per Ticket

  • Total Generated Funds: 140ETH

Allocation Breakdown:

  • Winners' Prize Pool: 30 ETH

  • The Vault / DAO: 100 ETH

  • Team / Operational Costs: 10 ETH

This distribution model ensures a substantial reward for winners, sustained growth for the DAO, and adequate support for operational endeavors, maintaining fairness and transparency throughout.

Example 2: 15 ETH Raffle

Amount of Tickets: 700 Tickets

Ticket Price: 0.10 ETH Per Ticket

Total Generated Funds: 70 ETH

Allocation Breakdown:

  • Winners' Prize Pool: 15 ETH

  • The Vault / DAO: 50 ETH

  • Team / Operational Costs: 5 ETH

This approach prioritizes community benefits while allowing for sustainable development and growth for our DAO.

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Last updated 1 year ago

โ™ป๏ธ
Breakdown of Percentages
Breakdown of Percentages