Weekly lottery for $CHEER holders
Every $CHEER transaction on CheerAd has a 10% platform fee. 5% goes to CheerPool, 5% is burned forever.
The CheerPool balance accumulates throughout the week from all platform transactions. Watch it grow in real-time!
Every Friday at 12:00 UTC, one eligible wallet is randomly selected to receive the entire pool balance.
The selected winner receives the full pool amount directly to their wallet. Then the cycle begins again!
5% of every transaction is set aside to be burned after each weekly draw. This deflationary mechanism reduces total supply and benefits all $CHEER holders over time.
Wallets that have participated in CheerAd transactions
| Wallet | Balance | Sent | Received | Transactions | Status |
|---|---|---|---|---|---|
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| Draw # | Date | Pool Amount | Winner | Status | Transaction |
|---|---|---|---|---|---|
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