🤓 MetaGear Sweepstake Event FAQ 🧐
Q: What if there are no winners?
A: If $GEAR in the prize pools isn’t won, the unclaimed $GEAR will be added to the next Sweepstake round and 100% of unclaimed $GEAR will be burnt when the event is closed.
Q: My ticket matches several numbers, but I can’t claim a prize
A: Tickets are only eligible for prizes if matching numbers are from left to right.
Sweepstake Winning Conditions
Q: How are prizes broken down between brackets?
A: See the table here for more details.
Sweepstake Prize Pool Breakdown
Q: Can I swap my tickets back to $GEAR?
A: No, once purchased, you will not be able to convert your ticket back to $GEAR.
Q: How often is the Sweepstake?
A: MetaGear Sweepstake round will start daily at 11h UTC from Mar 21st — Mar 31st, 2022
Q: What transaction fee will I pay for buying tickets?
A: Each purchase counts as one transaction, costing the normal fee amount. Buying more tickets will increase the transaction fee slightly, but you will benefit from the Bulk discount.
Q: Why can I only buy 100 tickets?
A: You can only buy a maximum of 100 tickets per purchase, but you can have as many purchases as you want.
Q: If I manually create two or more tickets with the same numbers and they win, am I eligible for prizes for each ticket?
A: Yes, each ticket is treated as a separate entry to the Sweepstake. Keep in mind that the prizes will not be 1:1, though, as each winning ticket dilutes each share of the bracket’s total prizes.
Q: How often will there be an injection?
A: The initial injection is 200,000 $GEAR. Every day, 20% of the total lottery prize pool will be reserved. After every 3 days, the total accumulated reserved pool will be re-injected.
Q: What is the Bulk discount?
A: You’ll benefit from the bulk discount for each purchase of more than 2 tickets. The discount will be increased linearly.
Q: How do you keep the Sweepstake secure, fair, and transparent?
A: MetaGear Sweepstake uses Chainlink’s implementation of VRF for true, secure randomness. (https://docs.chain.link/docs/chainlink-vrf/)