POA
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  • Welcome to POA
  • Features
    • Known Validators
    • POADAO Consensus
    • Bridged Native Token
    • On-Chain Randomness
  • Use Cases
    • Scalability for BlockChain Games
    • Community-Based Currencies
    • Subsidized Transactions
    • Decentralized Finance (DeFi)
  • DApp Spotlights
    • Ethernal.World
  • Roadmap
  • For users
    • POA Tokens
      • POA Merger & STAKE Swap
      • POA - STAKE FAQs
      • POA Token Supply
      • POA & POA20 Exchanges
      • POA & POA20 on Binance
      • FAQ: POA20 General Questions
    • POA Token Use Cases
      • Utility Token
      • Currency Token
      • Collateral Token
      • Bridged Token
      • Staking Token
      • Stable Token
    • POA to POA20 Bridge
    • Accept POA20 Payments
      • Account Registration & Login (Merchant Setup)
      • Setup Merchant Account
      • Merchant Payment Method Setup
      • Making a Payment with POA20 (Customer Perspective)
    • Tutorials
      • Trading POA20 on DEX.AG
      • POA20 Token Swaps on 1inch.exchange
      • Getting Airdrops via Discord
    • Governance
      • Article: A Successful Year of On-Chain Governance
      • Governance Reports
        • April 2020 Report
        • December 2019 Report
      • Ballot Type, Lifecycle & Limits
    • ❌Nifty Wallet (Discontinued)
      • Getting Started
      • Import and Interact with Smart Contracts
      • Connect to a Hardware Wallet (Ledger & Trezor)
      • Connect to D'CENT Biometric Wallet
      • Connect to Pocket Decentralized Network
    • 3rd Party Wallets
      • Trust Wallet
      • MetaMask
    • POA Mania
      • News - Updates
      • Rules
      • POA Mania FAQs
      • Deposit & Withdraw
      • Winner Selection
      • Round Details
      • POA Mania vs PoolTogether
      • POA Mania on Trust Wallet
      • POA Mania Security Audit
      • POA Mania on MetaMask Mobile
    • Whitepaper
      • POADAO v1
        • Introduction
        • Proof of Authority
        • POA Network Functionality
        • Decentralized apps (DApps)
          • Initial ceremony DApp
          • Proof of Physical Address (PoPA) DApp
          • Proof of Bank Account DApp
          • Proof of Social Network DApp
          • Proof of Phone Number DApp
          • Governance DApp
        • Summary & Acknowledgements
        • References
        • Appendix A: Code Samples
          • Ballots manager
          • Validators manager
          • Deployment scripts for the mining node
  • For developers
    • Developer Resources
    • Getting Tokens For Tests
      • ERC20 Test Token Faucet
      • Sokol Testnet Faucet
    • Full Node Setup
      • Install OpenEthereum Client
      • Install Nethermind Client
    • DApp Deployment
    • TheGraph Data Indexing
    • On-Chain Random Numbers
      • RNG explainer (AuRa + RandomAura Contract)
      • Accessing a Random Seed with a Smart Contract
      • Randomness FAQs
    • API & SQL Access
    • Smart Contract Dashboard
    • Grants for Building on POA
  • For validators
    • Getting Started
      • Validator Resources
      • Becoming a Validator
    • Bootnode Setup
      • AWS Bootnode Setup
        • Prerequisites
        • Configure AWS
        • Download and Configure Playbook
        • Deploy
      • Non-AWS Bootnode Setup & Deployment
        • Local/Remote Machine System Requirements
        • Node Preparation
        • Configure node with Deployment Playbook
    • Validator Node Setup
      • Nethermind Upgrade
      • AWS VM for Validator Node Deployment
        • MoC: Master of Ceremony Key Exchange & Generation
        • Current Validators Vote in New Validators
        • Validator Node Setup Prerequisites
        • Configuring AWS
        • Download and Configure Playbook
        • Deployment
        • Upgrade Instance to a Larger Instance Type
      • Non-AWS Validator Node Setup
        • Local & Remote Machine System Requirements
        • Remote Machine Setup
        • Configure Node using Deployment Playbook
      • NetStats Dashboard
    • Hard Forks
      • Parity Upgrade Guide
      • POA Core
        • 2021-11-02 | #24090200
        • 2021-05-24 | #21364900
        • 2020-03-31 | #14350721
        • 2019-12-19 | #12598600
        • 2019-04-29 | #8582254
        • 2018-01-29 | # 772000
        • 2018-10-22 | #5329160
        • POA Core spec.json hard-fork update
      • Sokol
        • 2021-05-24 | #21050600
        • 2020-02-20 | #13391641
        • 2019-12-05 | #12095200
        • 2019-02-06 | #7026400
        • 2019-01-04 | #6464300
        • 2018-09-19 | #4622420
        • 2018-01-18 | #509355
        • 2018-01-08 | #362296
        • Sokol spec.json hard-fork update
    • Validator DApps
      • Validators MetaData DApp
      • Adding or Removing a Validator
  • Media
    • Social Media
    • Media Kit
    • Contact Us
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  1. For users
  2. POA Mania

Rules

POA Mania is currently in Beta, use at your own risk

1) You cannot lose POA! All prizes come from the POA emission fund, not from participant deposits.

2) Deposits and withdrawals can be made at any time, except at the very end of a round. During the last ~7 minutes of a round a final RNG (Random Number Generator) round is completed where deposits and withdrawals are not allowed. This withdrawal/deposit restriction continues until the round is closed.

3) The minimum deposit amount is 100 POA. At all times, your balance must either be 100+ POA, or you must withdraw your entire deposit (e.g. you cannot withdraw 60 POA from a 120 POA balance, you can either withdraw up to 20 POA or withdraw the entire 120 POA balance).

4) The maximum deposit amount is 50,000 POA (on the POA Core network - 500k SPOA on Sokol). If winnings result in a balance that exceeds 50k POA, the entire amount may be withdrawn or reduced below 100k to enable deposits. No new deposits are allowed until the amount is reduced below 100k, however play may continue.

5) All participant funds are automatically rolled over to the next round unless withdrawn by a participant.

6) Prize pool winners are determined by two factors:

  1. The amount of POA a participant places into the application

  2. A random number generated on-chain

The more POA a player has placed into the app when a round is closed, the greater their chances of winning a prize.

7) In each round, rewards are distributed as follows:

  1. 84.5% split among the 3 Round Winners

  2. 0.5% awarded to the Round Closer

  3. 15% added to the jackpot

8) Prizes are awarded for 1st, 2nd and 3rd place in each round. Winners split 84.5% of the total pool (known as the prize pool) in the following manner:

  1. 1st place: 50% of prize pool

  2. 2nd place: 30% of prize pool

  3. 3rd place: 20% of prize pool

9) The jackpot pool grows each round until it is won! 15% of the prize pool amount in each round is added to the jackpot. There is a 1% chance the jackpot will be won in any round, and individual participant odds of winning are based on the amount of POA placed in the application. It is possible for a participant to win both a prize and the jackpot in a single round - if they are very lucky!

11) Rounds are closed by clicking the Finish The Round button and completing the transaction. Rounds can only be closed when a commit phase is in progress. The Round Closer receives a prize (0.5% of the total pool amount) for closing a round. Note - anyone with enough POA can close a round, you do not need to participate in the lottery to be the Round Closer.

12) Want to participate?

POA Mania is not gambling because you can never lose and there is no cost to play (other than transaction costs). Any POA deposited into POA Mania may be withdrawn up until the very end of a round, and is available again once the current round is closed.

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Last updated 5 years ago

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10) Anyone can close a round (the Round Closer) after the countdown clock hits 00:00:00. However, rounds can only be closed during a commit phase, when random numbers are committed to the chain by validators. This occurs every ~100 seconds and continues for 100 seconds. .

You will need some POA! POA is available to buy and sell on . A Buy POA link is available in the application.

Join our for more information. This channel also features a round-by-round automated update with total prize, winners and more.

More on POA randomness here
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