Docs/Stake to win

Stake to win

Put idle USDC to work. Stake from your Loofta balance, get tickets, and take part in a weekly prize draw funded by yield. Your principal stays yours and is always available.

How it works

1. 1

   Stake

   Deposit USDC from your Loofta balance. It takes a couple of taps, there is no separate wallet to set up and no gas to hold. The minimum is $1.

2. 2

   Get tickets

   Your stake earns tickets for the current weekly cycle. Tickets represent your eligible participation and set your chance of receiving a payout. You get about 100 tickets per $1 held, averaged over the week, so a bigger stake means more tickets.

3. 3

   Join the weekly draw

   The protocol runs in weekly cycles. Each week it distributes accrued protocol yield to winners. The countdown on the Stake page shows when the next draw runs.

4. 4

   Win, claim, withdraw

   Prizes show up on the Stake page ready to claim, and a claimed prize is added to your stake. You can withdraw your USDC whenever you like.

How payouts work

Prizes are paid from yield, never from other people's deposits. Here is the weekly cycle, step by step.

1. The prize pool builds up. Over a 7 day cycle, the yield earned by all the pooled deposits is collected into the weekly prize pool. The pool contains no deposits.
2. Tickets lock at the end of the cycle. Your tickets come from your time-weighted balance over the cycle: about 100 tickets for every $1 you held, averaged across the week. You need to have held for at least an hour during the cycle to be eligible. Staying staked longer and keeping a steady stake can add small bonuses on top.
3. The list is sealed before the draw. The full ticket list is fixed and published as a cryptographic fingerprint (a merkle root) before any winner is picked, so it cannot be changed afterwards.
4. Winners are drawn with verifiable randomness. The selection uses an on-chain random function with a proof. Your chance on each pick is your tickets divided by all tickets.
5. The pool is split into tiers. A grand prize, large prizes, mid prizes and a wide base of smaller prizes, so a lot of people win something each week. A person can win at most one prize per tier per week.
6. Results are posted on-chain, then you claim. Winners appear on the Stake page with a Claim button. One transaction claims the prize and, in Loofta, adds it to your stake. Claims do not expire.

The Stake page shows a countdown to the next draw. While a draw is being worked out, winners can appear a little before payouts are final, so give it a moment before claiming.

Security

Your funds

• Non-custodial. Loofta never holds your stake. Every stake, withdrawal and claim is a transaction built by Ample and signed by your own wallet. Loofta cannot move your USDC.
• No lockup. Withdrawals are open at all times, and there is no exit fee or waiting period.
• Prizes are separate from deposits. The prize pool is yield only, so paying prizes never touches anyone's principal.

The protocol

• Audited. Ample's vault and payout contracts have been reviewed by Pashov Audit Group. Ample publishes the reports in its security documentation.
• Conservative yield. Yield comes from overcollateralized lending markets, with no leverage and no directional positions, according to Ample.
• Fair draw. The ticket list is sealed before the draw, winners come from verifiable randomness, and results are committed on-chain before any claim.
• Admin controls. Ample states that its multisigs use timelocks and high thresholds, with keys kept in cold wallets.

Risks

• Smart contract bugs, in Ample's contracts or in the lending markets underneath. Audits reduce this risk but do not remove it.
• A stablecoin losing its peg.
• Temporary low liquidity in the underlying market, which can delay a large withdrawal.
• Prizes are never guaranteed, and you may go many weeks without winning.

For contract addresses, the audit reports and the protocol's own rules, read Ample's security documentation.

Why stake in Loofta

• One tap from the balance you already hold. No second wallet, no bridging, no gas to top up.
• Stake a little when you withdraw or cash out. The option appears on every withdrawal path, from $1.
• Withdraw to any wallet, token or bank from the same place you stake.

Things to know

• The minimum stake is $1.
• Ticket counts and odds on the Stake page are estimates until Ample confirms them for the cycle.
• Smart contract risk applies. Prizes are not guaranteed.
• The vault, the draw and the rules are Ample's. This page describes how we present them, and Ample's documentation is the reference.

FAQ