Prize Pool System
Strike Bot's weekly lottery rewards active traders with a chance to win the accumulated prize pool. This guide explains how the pool works, how to qualify, and the drawing process.
How It Works
Pool Funding
Contribution Rate: 0.1% of every trade volume goes to the prize pool
Example: A $1,000 trade contributes $1 to the pool (0.1%)
Fee Breakdown: From the standard 1% trading fee:
0.1% goes to prize pool
0.9% remains as Strike's revenue
Prize Distribution
Draw Frequency: Every Sunday at 7 PM EST
Winners: One lucky trader selected randomly
Prize Amount: 100% of the accumulated weekly pool
Reset: Pool returns to $0 after each draw
Qualifying for Draws
Eligibility Rules
Entry Rule: $100 trade equals to one entry.
Must trade: Only users who made trades during the week qualify
Automatic Entry: Every trade automatically gives you entries
Entry Weighting: More trading volume = more entries
Example: $500 trade = 5 entries, $1,000 trade = 10 entries
Tracking Your Entries
Check your current entries via the bot menu
See the total pool size in real-time
View countdown to next draw
Example Scenario
Your Activity:
Trade $800:
Prize pool contribution: $0.8
Entries earned: 8
Trade $1,200:
Prize pool contribution: $1.20
Entries earned: 12
Result:
Your total entries: 20
If you win: Receive full pool amount
Draw Process
Selection Method: Cryptographically secure random drawing
Notification: Winners receive immediate alert in bot
Crediting: Prize automatically added to winner's account
No Rollover: Unclaimed prizes do not roll over (extremely rare scenario)
FAQ
❓ Can I increase my chances of winning? → Yes, more trading volume equals more entries.
❓ What happens if I win? → Prize is automatically credited to your Strike Bot balance.
❓ Can I opt out of the prize pool? → No, the 0.1% contribution is built into all trades.
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