Overview
VyFi Lottery is a Cardano-based ticket lottery where the entry price and the prize are both paid in VYFI, the native token of the VyFinance protocol. You buy tickets, wait for a scheduled draw, and one matching ticket wins the round's prize pool. Each round runs to a published deadline, and the winner is decided by the Cardano network itself rather than by a central operator1.
VyFi Lottery sits alongside VyFinance's other Cardano products, including a decentralized exchange, staking vaults, and a launchpad, and runs at app.vyfi.io/lottery. To play, you need a Cardano wallet holding some VYFI; everything else happens inside the lottery page.
Key Features
- Tickets generated from your own transaction. When you buy tickets, your ticket numbers come from the right-hand side of your purchase receipt's unique ID (its transaction hash) on Cardano, so each ticket is unique and verifiable on a public Cardano explorer1.
- Winning number drawn from a future Cardano block. The winning ticket value is taken from the ID of the first Cardano block produced after each round's draw deadline, which means no one can know the result before the draw1.
- Prize pool that rolls over. Unclaimed prizes are not lost. They roll into the next round's pot, so the prize keeps growing until someone hits a matching ticket1.
- Up to 16 tickets per purchase. Each transaction can buy a maximum of 16 tickets, but you can keep making more purchases to add to your entries for the same round1.
- Manual prize claim from the lottery page. Winners check and collect their prize through an "Are You A Winner" section, with past results listed under Finished Rounds for reference2.
What to Expect
For a casual player, VyFi Lottery feels like a normal raffle with a crypto twist. You connect a Cardano wallet, decide how many tickets to buy at the round's set price, and confirm one transaction. Your tickets appear in the current round, and you wait for the draw deadline shown on the page. If your ticket matches, you click a Check Now button to claim. The funds do not arrive automatically2.
For someone curious about how the draw stays fair, the mechanics live entirely on Cardano. Ticket values come from your own purchase receipt's ID, and the winning value comes from a block ID that the network produces after the deadline. Both are public data anyone can audit on a Cardano explorer1.
For VyFinance users already familiar with the broader DeFi suite, VyFi Lottery is one more place where the VYFI token gets used, alongside swap fees, staking, and governance on the wider protocol3.
