🎰Pachinko Overview

Pachinko Protocol

Pachinko is a novel liquidity protocol featuring a system of lottery betting games. In each pool, participants acquire keys using the specified pool currency as a countdown timer ticks down. The individual who purchases the final key before the timer expires wins the round and jackpot.

Each key purchase designates the buyer as the latest 'key buyer,' extending the countdown timer and incrementally raising the key cost. Upon timer expiration, tokens spent on key purchases are distributed according to predefined rules, allocating portions to the final buyer, known as the “senpai”, the previous buyers, other pools that offer prizes, and the jackpot for the next round.