Ascend Finance

50/50 Contests

We will run 50/50 contests in BUSD - sometimes daily, sometimes a little longer to build the pot. Users can deposit BUSD with the hope of winning 50% of the pot. The other half will go to funding liquidity and to the Ascend treasury (tbd by the team). Each 50/50 ticket will cost 3 $BUSD.
Other lotteries will be hosted and can be participated in by depositing the $climb token. These will also vary in size and provide a better opportunity to win. For example - we may run a 5 person lottery where one winner is chosen after 5 people deposit the required amount of $climb. The selected winner collects the $climb prize minus the cut taken by the protocol. Each lottery will have instructions and potential earnings attached.