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  • WELCOME
    • ๐Ÿช™Overview
    • โ”FAQ
    • ๐Ÿš€Getting Started
      • First Steps for All Users
      • Get an Interchain Wallet
      • Get Interchain Tokens
      • Deposit into Cosmos Millions
        • Deposit in the HUAHUA Pool
        • Deposit in the OSMO Pool
        • Deposit in the ATOM Pool
    • ๐ŸถHUAHUA Pool
    • ๐ŸงชOSMO Pool
    • โš›๏ธATOM Pool
  • Cosmos Millions
    • ๐Ÿ“–Lexicon
    • โš™๏ธMain rules and concepts
    • ๐ŸŽฑPool Management
    • ๐ŸงDeposits & Withdrawals
    • โš–๏ธDraw Mechanism
    • ๐ŸŒŸPrizes lifecycle
    • ๐ŸงพProtocol Fees
    • ๐Ÿ›ก๏ธSecurity & Audit
  • Extra Content
    • ๐ŸŽ“Interchain education onboarding
    • ๐Ÿ’กAbout prize-linked savings account
    • ๐Ÿค–Tech stack
  • Get involved
    • ๐Ÿ”†A project by Lum Network
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On this page
  • The OSMO pool schedule
  • Prize Strategy
  • OSMO Pool Prize Strategy
  • Bootstrapping the OSMO pool with a Sponsorship
  1. WELCOME

OSMO Pool

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Last updated 1 year ago

The OSMO pool schedule

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.

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.

OSMO Pool Prize Strategy

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 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 OSMO pool with a Sponsorship

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.

Pool Management > Prize Strategy
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