🪙 Documentation
DOCS.
LOOT is an on-chain elimination game on a board of 25 gold bars. Aim ETH, one bar melts, survivors split.
AIM
Each 60-second round, deploy ETH onto any of the 25 gold bars.
STRIKE
At settlement one bar is drawn and melted — commit-reveal on a future block hash, ungrindable.
SPLIT
Survivors on the other 24 bars split the melted ETH pro-rata, get their stake back (−10% fee), and mint $LOOT.
The rules
- 25 bars — one melted every round, a 1-in-25 chance any given bar burns.
- All ETH on the melted bar is lost by those on it and split to the survivors.
- 10% protocol fee on the melted pot — no other rake.
- $LOOT rewards come from a pre-funded budget (no mint) — supply can't be inflated.
- Randomness is commit-reveal on a future block hash; ages out → re-commits. No one grinds the draw.
On-chain
LootBoarddeploying
$LOOT tokendeploying