Raffle staking
# How Staking Works in VerticalAI Raffle
Overview
The VerticalAI Raffle Staking system allows users to stake $VERTAI tokens and get raffle tickets as reward. These tickets provide a chance to win USDC prizes, while staked tokens remain secure and can be unstaked at any time.
How to Participate
Buying Tickets
Users can stake their $VERTAI tokens to purchase raffle tickets. The number of tickets received is based on the amount of tokens staked and the current multiplier of the raffle phase.
Raffle Duration and Multipliers
Each raffle lasts for three weeks, and ticket multipliers decrease over time:
Week 1: 3x multiplier (stake 1 token, get 3 tickets)
Week 2: 2x multiplier (stake 1 token, get 2 tickets)
Week 3: 1x multiplier (stake 1 token, get 1 ticket)
Winning Prizes
At the end of the raffle, winners are randomly selected using Chainlink VRF (Verifiable Random Function) to ensure fairness. The prize pool consists of USDC rewards, which are distributed according to a predefined percentage allocation.
Claiming Prizes
If you win, you can claim your USDC rewards directly from the raffle interface. Prizes remain available for a limited period before being reallocated.
Unstaking and Carrying Over Tickets
Users can unstake their tokens at any time, which removes their tickets from the raffle.
Unclaimed tickets automatically carry over to the next raffle, with a 3x bonus multiplier for added value.
Key Benefits
No-loss staking – Even if you don’t win, you can unstake and reclaim your tokens at any time.
Fair and transparent selection – Winners are chosen using secure randomness from Chainlink VRF.
Engaging and rewarding – Users earn additional tickets with early participation and multipliers.
The VerticalAI Raffle Staking system makes staking fun, rewarding, and risk-free, allowing users to engage with the ecosystem while benefiting from potential USDC winnings.