LOTTO is a new type of lottery token that automatically enters all holders into a lottery once per day at 2 PM EST. In one transaction, LOTTO performs a unique rebase that removes 1 token from all holders, pools those tokens together, and gives them to one random participant. No action is required from users besides holding LOTTO in your wallet.
DeFi token holders (UNI, LINK, SNX, AAVE, etc) can claim between 400 and 2.000 LOTTO (~$50-$250). A snapshot was taken on January 18th, 2021 at 6 AM EST of 50 top DeFi projects. If you owned one of the top defi projects in a wallet you control, you are eligible to claim 400 LOTTO per address.