FAQs

chevron-rightHow is the winner selected?hashtag

Winners are selected using Chainlink's Verifiable Random Function (VRF), which ensures a provably fair and random selection process. This happens automatically when the draw function is called at the end of each prize pool period.

chevron-rightCan the team choose a winner?hashtag

No, the team have no control over who wins a prize. The team are also excluded from being entered into the draws.

chevron-rightWhat is the tax on $HYPER?hashtag

The tax rate is 5% for buys and sells.

chevron-rightHow can I increase my chances of winning?hashtag

You can increase your chances by buying more tokens, staking your tokens for 2x your points, or burning your tokens for 10x your points.

chevron-rightIs there a limit to how many tokens I can buy or hold?hashtag

Yes, the maximum a wallet can hold is 2% of total supply (2000 tokens)

chevron-rightDo I have to buy tokens through Uniswap to participate?hashtag

No, as long as you hold tokens in your personal wallet (not an exchange wallet), you will be eligible.

chevron-rightHow long do I need to hold my tokens before I can unstake them?hashtag

There is a 7-day lock period for staked tokens. You cannot unstake before this period has passed.

chevron-rightWhat happens when I unstake my tokens, do I lose my points?hashtag

Yes, you will lose any bonus points you have gained during staking. Your bonus points are only valid while those tokens are staked.

chevron-rightIs there a limit to the value of the prizes?hashtag

No! The prize values are established from the trading volume of $HYPER. There is no limit.

chevron-rightCan I win multiple prize draws?hashtag

Yes! You can win any or all of the prize draws.

chevron-rightIf I won a prize, can I still win another one? Do I lose my tickets?hashtag

If you win a prize, you are still able to win any of the draws. You keep your tickets, even the winning one.

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