๐ชOverview
The future of savings is now ๐
Cosmos Millions is an open-source DeFi protocol featuring the Cosmos Ecosystem's first Prize-Linked Savings Account (PLSA). It seeks to revolutionize the traditional savings landscape by offering a dynamic and stimulating approach to saving money.
How it works
With Cosmos Millions users can enjoy a saving experience that offers thrilling rewards with minimal fees and high prizes. The platform features random draws, with the entire community contributing towards the prizes that are distributed to the winners.
How to participate
1) Deposit your tokens from the Cosmos Ecosystem into Cosmos Millions to unlock your chances to win.
2) Participate automatically to all the next prizes draws. - Either you win! You can claim your prize or compound it. - Or you don't, but you don't lose either. Get ready for the next draw!
Cosmos Millions leverages the Interchain stack, including Cosmos-SDK, Tendermint BFT, IBC (Inter-Blockchain Communication), ICA (Interchain Accounts) and ICQ (Interchain Queries) to bring its prize-linked savings experience to life.
This documentation describes the current version of the Cosmos Millions protocol.
The protocol will be regularly improved. Therefore this documentation will be regularly updated.
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