The OSMO pool launch has launched on February 26th 2024! As the main DEX of the cosmos ecosystem, $OSMO is among the most popular tokens held by Interchain users. With this third pool on Cosmos Millions, everyone is able to deposit their $OSMO and get multiple chances to win prizes, giving a new utility to the token.
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.
Updated February 29st
Each winner in the $OSMO 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
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.
The OSMO pool will be bootstrapped with 6,500 $OSMO sponsorship (~$10,000). This effectively boosts the Prize Pool - and the size of the prizes that depositors can win.
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