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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  • POA Mania Prize Winners are selected in the following way:
  • Jackpot Winner Selection

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  1. For users
  2. POA Mania

Winner Selection

POA Mania Prize Winners are selected in the following way:

  1. An on-chain random number (RN) is collected when a round is closed. The RN value is between 0 - total deposit amount . The RN is used to iterate through the list of active participants (anyone with an active deposit when the round ends).

  2. The algorithm begins to move through the list of participants, comparing each participant’s deposit amount (PN) to the RN.

    1. Starting at the top of the list, if PN < RN, the participant is not the winner. PN is then subtracted from RN to create a new RN value (RN = RN-PN) .

    2. The algorithm moves to the next participant on the list, and compares their PN to the new RN.

    3. This continues until PN > RN. When this happens, this participant is declared the winner! They are removed from the list.

    4. The process restarts to select the 2nd and 3rd place winners.

3) The selected winners receive their prizes and are returned to the active participant list as the next round begins.

Jackpot Winner Selection

At the end of each round, 15% of the total prize pool is sent to a Jackpot. This amount accumulates until there is a winner, at which point it resets (returns to 0).

In each round there is a 1% chance that any participant will win the jackpot. Odds are based on deposit amount, and follow the same procedures as above. However, the jackpot winner is not removed from the list, so it is possible that a jackpot winner may also win a prize in the same round.

PreviousDeposit & WithdrawNextRound Details

Last updated 5 years ago

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