🐶HUAHUA Pool

The HUAHUA pool schedule

The HUAHUA pool launch has launched on February 16th 2024! The Chihuahua Chain is very aligned with Cosmos Millions : making the most of the interchain tech stack, and bringing some fun to the ecosystem. With this second pool on Cosmos Millions, everyone is able to deposit their HUAHUA and get multiple chances to win prizes, giving a new utility to the token.

Prize Strategy

Principles

• The Grand Prize should be very attractive. It will have a relatively low frequency of distribution, but can sum up to a life-changing amount.

• The other prizes should aim to be more reasonable in value, but distributed often in order to have a bunch of Cosmos Millions winners every week.

HUAHUA Pool Prize Strategy

Updated February 21st

Each winner in the $HUAHUA pool will enjoy a unique triumph - only one prize awarded per draw.

This change is aimed at enhancing the fairness of the distribution, offering more participants the chance to win.

Note: the definitions can be found in the Pool Management > Prize Strategy section

Prize Batch	Quantity	Prize Pool share	Draw probability
L Prize	1	50%	20%
M Prize	5	25%	20%
S Prize	25	17%	20%
XS Prize	60	8%	90%

As a sanity check, the Prize Pool shares should sum to 1.

This configuration is not set in stone and shall be revised and updated in accordance to community discussions and decisions.

Bootstrapping the HUAHUA pool with a Sponsorship

The HUAHUA pool will be bootstrapped with 52M $HUAHUA sponsorship (~$10,000). This effectively boosts the Prize Pool - and the size of the prizes that depositors can win.