INK Protocol
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Top INK Myths

INK is a protocol for "Whales"

Your odds of winning are proportional to the amount you deposit. This means large depositors have a higher chance of winning (and also contribute more interest to the prize). However, these large depositors give smaller depositors a chance to win multiple returns their deposited value.
Large depositors have a higher chance to win but the amount they win is much smaller proportional to their deposits.
Prize Won in UST
Deposited in UST
Wallet
737.649015
49.805941
terra1tg3vwfzluc9wtsazpyc9zsecud5hrvhvlvxs2z
2,290.346374
107.555227
terra16l3clw4dhndnxfzck9jlvysf8j3cqhass0wrgk
1,992.435857
13.957396
terra1x9khdreq0mthknsdpztz4czvadpszp46k66cxg
2,290.346374
148.646442
terra1c3k3m9t544ek9zqjed2flqjeep2j4dnp0rztrg
1,734.520004
80.685624
terra10zj23h9eppt2fmdayqaeg3dwduxyag57qfkeyy

I need to deposit each week

No! Depositing one time will make you eligible for all prizes until you withdraw. You have a perpetual chance to win!

I’m better off depositing into Anchor or yield farming

This depends on your personal desires and the amount of risk you want to take with your hard-earned money.
We want to be a fun and safe place for people around the world to learn and start saving. It is not fun to save alone and wait for one year for the yield. It is not safe from liquidation risk when using leverage.
It is also worth noting that the expected return of a deposit into INK Protocol is higher than a deposit into other Anchor protocol (provided that you win a prize).

INK Protocol is a lottery

No! INK Protocol is not a lottery. Deposits in INK Protocol always have a positive expected value and you never lose what you deposit. Lotteries always have a negative expected value. INK Protocol is based on the prize-linked savings account and it is often called a "no loss lottery".
Last modified 3mo ago