Transparency
How the weekly gold giveaway works
Every week we give away real gold to a $GOLD holder. No smoke, no mirrors. This page lays out exactly how entries work, how your odds are calculated, and how you can independently verify that every draw is fair.
1. How to enter
Paste your wallet address into the entry form on the home page and hit Submit Entry. That's it. One entry per wallet per draw. Because balances live on a public blockchain, we don't need any personal info, sign-ups, or permissions on your funds. You just tell us which wallet to check.
2. How your odds are calculated
Your odds come from two things, and each one acts as a multiplier: how many $GOLD tokens you hold and how many days you've held them. At the end of the week we read both values for every entered wallet straight from the public blockchain.
Tokens held = multiplier
Every $GOLD token is one entry, so the more you hold, the bigger your base multiplier. Double your bag and you double your entries.
| Tokens held | Base entries (multiplier) |
|---|---|
| 1,000 $GOLD | 1,000× |
| 5,000 $GOLD | 5,000× |
| 10,000 $GOLD | 10,000× |
| 50,000 $GOLD | 50,000× |
| 100,000 $GOLD | 100,000× |
Days held = multiplier
For every full day you hold, your entries get a +0.1× bonus. One day is 1.1×, two days is 1.2×, three days is 1.3×, and so on.
| Days held | Multiplier |
|---|---|
| 0 days | 1.0× |
| 1 day | 1.1× |
| 2 days | 1.2× |
| 3 days | 1.3× |
| 7 days | 1.7× |
| 14 days | 2.4× |
| 30 days | 4.0× |
Putting it together
Your final weight is simply your tokens multiplied by your days multiplier:
weight = tokens held × (1 + 0.1 × days held)
"Days held" is measured from the moment your wallet first received $GOLD to the end of the week, straight from the chain. If you sell and your balance drops, your weight drops with it, so diamond hands are always rewarded over paper hands.
3. A worked example
Say three wallets enter a draw:
| Wallet | $GOLD held | Days held | Multiplier | Weight | Chance to win |
|---|---|---|---|---|---|
| Wallet A | 10,000 | 3 | 1.3× | 13,000 | 25.7% |
| Wallet B | 25,000 | 1 | 1.1× | 27,500 | 54.5% |
| Wallet C | 5,000 | 10 | 2.0× | 10,000 | 19.8% |
Total weight is 13,000 + 27,500 + 10,000 = 50,500. Your chance to win is simply your weight divided by the total. Wallet A's odds are 13,000 / 50,500 = 25.7%. Notice Wallet C holds the least $GOLD but, by holding the longest, still earns a real shot.
4. How the winner is chosen
At the end of each week we close entries and manually review every wallet that entered. For each one we verify its $GOLD balance and how long it has held directly on-chain, then apply the two multipliers above to calculate that wallet's total weight.
With every weight worked out, we run a weighted random draw based on those multipliers. Think of it as a giant raffle where a bigger weight means more tickets in the bucket:
- We line up every entered wallet and add their weights into one big total.
- We draw a random number between zero and that total.
- We count down the list until the running total passes that number. That wallet wins.
To keep the draw honest, the random number is tied to a public, unpredictable source that nobody controls, such as the hash of a future block announced in advance. Because the multipliers are calculated from public on-chain data and the random number is decided after entries close, we can't hand-pick who wins.
5. How you can verify it yourself
After every draw we publish everything you need to recompute the result by hand:
- The snapshot block and timestamp we used.
- The full entry list: every wallet, its balance, days held, and final weight.
- The random seed and exactly where it came from (block hash / beacon round).
- The winning wallet and the payout transaction.
Anyone can plug those numbers back into the formula above and land on the same winner. If the math doesn't check out, the whole thing is public, so we'd get caught instantly. That's the point: you don't have to trust us, you can verify it.