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Prize Pool

The Prize Pool is one of the most exciting features of Heart’s Law, adding a fun, competitive edge to your rewards.

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How Does the Prize Pool Work?

Funding the Pool

  • Heart’s Law contributes 40% of all protocol fees to the Prize Pool.

Joining the Leaderboard

  • When you buy 2,000 HLAW or more, you’re automatically entered on the Prize Pool Leaderboard.

  • The leaderboard displays the 10 most recent buyers of 2,000 HLAW in real time, so you can track your position.

The Countdown Timer

  • The Prize Pool’s first round will have a max 72-hour countdown timer. Each new qualifying buy adds 15 minutes to the timer and it can be increased to a max of 72 hrs.

Reward Distribution

  • When the countdown timer hits zero, the last 10 buyers on the leaderboard split 20% of the Prize Pool Balance. The remaining 80% rolls over to the next round, ensuring the Prize Pool continues to grow over time.

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What Makes the Prize Pool Special?

Dynamic and Engaging: Unlike traditional rewards, the Prize Pool is interactive and competitive, adding an element of fun to the ecosystem.

Sustainable Growth: With 80% of the pool rolling over each round, the Prize Pool continuously grows, making each payout more significant than the last.

Fair Opportunity: Every qualifying purchase has a chance to win, making it inclusive for all users.

Rehypthecation: The Prize Pool balance is actively utilized to generate additional yield through rehypothecation. A percentage of this external yield is allocated to grow the Prize Pool balance.

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Example:

Let’s say the Prize Pool has accumulated 100,000 HLAW tokens.

The last 10 buyers when the timer hits zero will share 20% of this amount—20,000 tokens split equally (2,000 HLAW tokens each)

The remaining 80,000 HLAW tokens roll into the next round, ensuring the Prize Pool continues to grow.

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