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Don't YOLO. Just NoLo
The world's first no-loss lottery. Deposit LINK, win prizes, keep your principal forever.
How It Works
A Lottery Where You Can't Lose
NoLo is a revolutionary prize savings protocol. Deposit your LINK, get a chance to win the aggregated yield prize, and keep your initial deposit forever. Here's the step-by-step process.
- 1. Deposit LINK & Get Tickets
- You deposit Chainlink (LINK) tokens into the NoLo prize pool. For every amount equivalent to the ticket price, you get a ticket for the lottery. Your deposit is never spent and can be withdrawn at any time.
- 2. Generate Yield with Aave
- All the LINK in the pool is put to work on the Aave lending protocol, one of DeFi's most trusted platforms. This generates a safe and variable yield which forms the prize.
- 3. Automated & Fair Draws with Chainlink
- Chainlink Automation reliably triggers the prize draw at the end of each round. Then, Chainlink VRF (Verifiable Random Function) provides a provably random number to pick a winner, ensuring the process is fair and transparent.
- 4. Win the Prize or Keep Your Stake
- One lucky winner receives all the yield generated by the pool for that round. If you don't win, your original LINK deposit is untouched and automatically entered into the next round. You never lose your principal!
The Win-Win Situation
Traditional lotteries take your money and most people lose everything. We changed the game entirely.
IF YOU WIN
- Get the entire prize pool (the yield generated).
- Your original LINK deposit is untouched.
- A massive, positive-sum return on your ticket.
IF YOU DON'T WIN
- Keep your entire staked deposit. You lose nothing.
- Automatically get entered into the next lottery round.
- Play again or withdraw your funds at any time.
Result: Everyone walks away with something !