Frequently Asked Questions
Where does the prize money come from?
Prizes are generated on the interest earned on deposited funds.
How are winners chosen? How is it fair?
In order to choose winners, Bountive uses a randomness algorithm which ensures that winners are chosen at random.
Is there an advantage to depositing early?
Yes! Your chances to win are based on your average deposited amount over the prize period
Is there any risk ?
In the future, we will conduct multiple audits of our contracts to ensure funds are safu. However, the risk of attack still exists among any crypto protocol, so please manage your size.
How long do I have to claim my prizes?
If you win a cool prize on Bountive, you have 30 days from when they pick the winner to get your prize. If you wait too long, the prize will be saved for the next Raffle person. So, make sure to visit Bountive often and grab your prize before time runs out!