Explanation of the Mega Millions

The Mega Millions lottery mechanism is an innovative financial model based on blockchain technology, incorporating automatic dividends and market incentives to enhance participant returns and activity. Below is a detailed breakdown of this mechanism, describing each component and its function:

Sell Order Trigger Mechanism

Whenever a user executes a sell order, the contract automatically sells an amount of tokens equivalent to 60% of the sell order's value. This "follow sell" means that the contract automatically performs a transaction selling the same proportion of tokens as the user.

Distribution of the 60% from the Follow Sell

The tokens obtained from the 60% follow sell are distributed as follows:

1. 40% Dividend to Liquidity Providers (LPs)

   • 40% of the tokens (representing 24% of the total follow sell) are distributed as rewards to users who provide liquidity to the token pool. This incentivizes investors not only to earn through transaction fees but also to gain additional token rewards by adding liquidity.

2. 10% Dividend to Token Holders

   • 10% (representing 6% of the total follow sell) is allocated to holders who maintain a balance of at least 50U (e.g., $50). This encourages users to hold onto their tokens to enjoy dividend benefits.

3. 10% to the 100U Buyer, termed as 'winner'

   • Another 10% (also 6% of the total follow sell) is awarded to the address that makes a purchase of 100U after a sell order. This "winner" receives the dividend until another qualifying "winner" emerges. This mechanism motivates users to buy more tokens during low market prices actively.

Slippage Allocation for 3-3 Marketing

This rule pertains to the slippage set in exchanges (the difference between the expected price and the executed price of a trade). Typically, this slippage is used for marketing and project promotion, helping to increase the project's visibility and attract new users.

Token Pool Burn

Every 10 minutes, the system automatically destroys 1% of the tokens in the pool. This regular "burning" mechanism helps reduce the total amount of tokens in circulation, theoretically increasing the scarcity and value of the tokens, thereby encouraging a price increase.

Tax-Free Transfers

Under this mechanism, users are not subjected to any form of tax when transferring tokens. This increases the flexibility and attractiveness of transfers between users, helping to enhance the liquidity and practicality of the token.

The Mega Millions lottery mechanism, through its innovative dividends and incentive measures, aims to create a more active and equitable trading environment. This system not only rewards active and long-term investors but also enhances token value through regular burning while encouraging market buying at lower prices, boosting market dynamics.