Externality-Labs Docs
  • What is Sortes?
    • Introduction to Sortes
    • The Centralisation Problem
    • People Owns Sortes
    • System Design
  • 🪙Tokenomic
    • Overview
    • Token Utility
      • Demand
      • Supply
    • EXP to Token Conversion
    • Token Allocation
    • Governance
  • ⚒️Sortes Product
    • Lottery as a Service
  • Public Good Fund
    • Donation
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  1. Tokenomic
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Supply

PreviousDemandNextEXP to Token Conversion

Last updated 3 months ago

Sortes rewards people by giving point to those who plays the lottery. Those points can be convert to SORTES token at a certain rate.

Mechanism:

  • A significant portion of tokens is allocated to a reward pool that distributes tokens to all players who take part in lottery draws—MORE tokens are given if they lose.

  • The distribution is proportional to the amount played or the frequency of participation.

  • This approach ensures that people no matter win or lose gain voting rights and influence over the public good fund, incentivizing broad engagement and reinforcing the social welfare mission.

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