how it works

tokens are created through the pons v2 factory on robinhood chain. the deployer is the connected wallet, and the creator fee recipient is set to the hoodlottery vault at 0xace0…0425.

at launch the creator chooses the token name, ticker, supply characteristics, and the creator tax rate. the standard creator tax is 2% of every trade.

when people buy or sell the token on the pons v2 bonding curve, a slice of each trade is sent to the vault as the creator fee. that slice is the lottery pot for that token.

the pot is not held by hoodlottery. it sits in the creator-fee balance of the bonding curve and is claimable by the vault address when a payout is triggered.

during launch the creator sets how often a draw should happen: from five minutes up to several hours. each interval ends with one random eligible holder receiving the accrued pot.

eligibility rules are configured at launch. typically a holder needs a minimum balance and must not be the vault or the bonding curve itself.

the token trades on a bonding curve. prices move as supply changes. hoodlottery forwards your signed transaction directly to the pons v2 curve contract from your own wallet.

selling may require an erc-20 approval first. the site handles that approval as a separate transaction so you can review every step.

at the end of each interval the protocol picks one random eligible holder and sends them the pot. there is no manual selection. the winner is shown on the token page once the payout transaction is confirmed on chain.