> For the complete documentation index, see [llms.txt](https://synergy-2.gitbook.io/the-book-of-synergy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://synergy-2.gitbook.io/the-book-of-synergy/lottery.md).

# LOTTERY

### LOGIC

For participation in the Lottery, you have to buy the COIN token.

* The COIN is purchasable with CRS only.

1. Users buy the COINS with $CRS tokens. 1 COIN represents 1 ticket.
2. Those $CRS are swapped for the COINs and sent to the user's wallet.
3. 30% of swapped $CRS (including $CRS from last round) are burned in the end of each round.
4. After each round, the team takes a snapshot of COINs in the wallets and counts % share of each wallet.
5. The random generator will choose 5 winners who get 80% of $CRS available. \
   5a/ 10% is sent to Treasury.\
   5b/ 10% is added to the next round.
6. The Smart Contract will recount the amount of COINs in each wallet for the next round by the formula: Difference in number of COINs in day 7 from the past week and amount of COINs in day 7 of the actual week.

Duration: 7 days (Monday 12AM CST - Sunday 11:59 PM CST)

*  Contribution of CRS is unlimited.
*  Every CRS you spend is exchanged to COIN with the actual ratio and burned.

### DYNAMIC COIN PRICE

* At the start each COIN has value of 0.5 CRS
* Every next COIN value will be multiplied by 1%

**Whoever gets in first, buys cheaper!**

E.g.: Tony was first and bought 1 COIN for a total amount of 0.5 CRS. Jake came right after and bought another 3 COINs for a total amount of 1.530CRS.

Formula:

0.5+(1.01x0.5)+(1.01(1.01x0.5))+(1.01((1.01x0.5) + (1.01x0.5)))…