🏆 The Goated Daily Race
Starting later this week, the 15% NGR that used to fund the Goated Lottery will fuel daily USDC prizes in the GOATED Daily Race.
Here's how it will work:
- Wager $GOATED to climb the daily leaderboard
- Still holding GOATEDX? You can wager that too.
- Daily prize pools are funded by the same NGR allocation that powered the old Lottery.
Following the draw on 16th July, the GOATED Lottery concludes, but the value behind it isn't going anywhere.
GOATEDX Holder Distribution 💰
As part of the transition, we're distributing 50,000 USDC (the value of GOATEDX held in the lottery pool) directly to all remaining GOATEDX holders.
A snapshot was taken at 9th July, 4 PM UTC, before we gave players the option to burn and convert their GOATED to USDC. Your share is calculated based on your GOATEDX balance as a percentage of the total eligible GOATEDX supply at snapshot.
After the distribution, your GOATEDX will still stay in your account and you have 4 options:
- Instant convert it to USDC at a rate of $0.001 per GOATEDX.
- Convert to USDC by completing a wager target at a rate of $0.01 per GOATEDX.
- Wager it in the Goated Daily Race.
- Hold it for future promotions we may run.
Welcome to the $GOATED revamp, with more ways to win, every day.
More news coming soon, stay Goated.