The branch of decentralized finance, or DeFi, is experiencing the arrival of risk-free lotteries. This type of lottery was created in the traditional way of finance, however, it seems to have found a new way in smart contracts.
You Premium Bonds UK are an example of such lotteries. An interested investor creates a savings account and part of the proceeds go to the premium pool.
For example, if savings yield 0.8%, the pool receives 0.2% while 0.6% is given to the investor. The pool is then drawn among investors and the lucky one is awarded.
But why transport this instrument to DeFi? What does the decentralized version bring different?
Rodrix Digital joins Lucas, Luan Italo, Rocelo Lopes, Neval and Dsouza to talk about this financial tool.
Want to know more about no-loss lottery? Check out the latest Decentralized Debate!
Warning: The text presented in this column does not necessarily reflect the opinion of CriptoFácil.
Also read: Bitcast: Celebrity scam promotion is crypto podcast theme
Read also: Cardano launches smart contracts and now prepares DEX launch
Also read: TradingView Column: Consolidation region on top of last 30 days