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# Guide to JumboShrimps, a No-Loss Staking Prize Pool on Manta Network :::info 💡To start with, let’s introduce some key terminology to familiarize you with the JumboShrimps family! #### JumboShrimps Protocol A set of smart contracts that create a network for staking prize pool and liquidity, allow users to deposit $MANTA and win prizes without a loss - you can withdraw your deposited token at anytime. Even if you didn’t win, your deposited token amount stays the same (no loss). #### JumboShrimps Think of it this way - just like how shrimps can grow into something big, when you take the plunge into our platform, your $MANTA has the incredible potential to become jumbo! That’s the magic of JumboShrimps - deposit your $MANTA, and get ready for the chance of winning all JumboShrimps depositors' staking reward! #### Shrimps By joining on board our platform JumboShrimps, you’ve become an official member of the Shrimps crew! Welcome to the Shrimps team! ::: # 🏆 Shrimps-in, JumboShrimps-out! Hey fellow Shrimp! Introducing JumboShrimps, the game-changer in staking on Manta Network. JumboShrimps is a no-loss staking prize pool built exclusively on Manta that makes staking more rewarding. We're here to revolutionize how staking works. Deposit your $MANTA now and get a shot at winning the ultimate prize - the entire staking reward pool consists of every Shrimp’s staking reward. Say goodbye to steady interest and say hello to the excitement of claiming the entire staking prize pool as the JumboShrimp of the week! Even if you don't win, your deposited $MANTA didn’t lose any remains accessible for withdrawal. Simply stake on JumboShrimps and multiply your staking return. In fact, the sky's the limit - there's no cap on the amount of tokens you could win. Enjoy the entire prize pool, which is the total staking reward from all Shrimps' deposited $MANTA, all to yourself! To begin, all you need to do is deposit some amount of $MANTA into JumboShrimps. By depositing any amount of tokens, you become eligible for a chance to win the weekly prize pool - the more you deposit, the higher your chances of winning the prize pool, becoming crowned as the JumboShrimp of the week. In JumboShrimps, the prizes awarded are composed of the APY generated from all users’ deposited $MANTA. As long as you have active deposits, you are eligible for a chance to win the entire prize pool. If you haven’t withdrawn the money you deposited, you’re still in the running for those awesome prizes. Currently, we accept MANTA tokens as deposits: MANTA-in, Jumbo MANTA-out (hopefully)! # 🎫 MANTA-in, Jumbo MANTA-out! To participate in JumboShrimps and stand a chance to win from the prize pool, simply deposit your MANTA tokens into the platform. Each week, JumboShrimps randomly selects one lucky user to receive the weekly prize. Even if you don’t win, your deposited MANTA tokens are still safe (no-loss) and you can withdraw them at any time. Take this opportunity to deposit MANTA tokens and get ready for some Jumbo rewards! ## 📖 Key Features In summary, let's highlight some key features of JumboShrimps (Reference: Chloe): **Win by Saving: Shrimps-in, JumboShrimps-out** Deposit MANTA tokens for a chance to win prizes. Say goodbye to the boredom of steady interest and say hello to the excitment for the chance of winning awesome prizes. **Weekly Prize Draws** Each week, you get the chance to win the prize pool. **Safe Withdrawals** Deposit anytime, withdraw anytime **Yield Generation** The platform generates yield on all deposits, which are then randomly awarded as prizes. The source of the yield comes from the interest earned on deposited funds staked to collators on the Manta network. **Transparency and ease of use** By visiting the history, users can easily monitor the total funds deposited, check if they have won any prizes, and access the history of all the prizes awarded. Furthermore, users can keep track of their total deposits and the amount currently available for withdrawal. # ⚒️ A techical deep dive: The fairness of the JumboShrimps (if needed) (All quoted from Adam) We're passionate about maintaining fairness and ensuring the game remains completely random. That's why we've come up with an exciting solution to achieve a truly unbiased selection process. By leveraging a combination of Polkadot relay chain block hashes as a seed for our lottery application, we guarantee a fun and fair experience for all participants. Each block on the Polkadot relay chain contains a unique hash, representing the block's content and position in the chain. Here's why using a concatenation of Polkadot relay chain block hashes can be considered a random seed for a lottery application: 1. Unpredictability: The block hashes in the relay chain are generated through a consensus mechanism (e.g., Polkadot's nominated proof-of-stake), which ensures a high level of randomness. These hashes are based on a combination of various factors, such as the block's content, previous block hash, and validators' signatures. As the consensus algorithm is designed to be secure and unpredictable, the resulting hashes are difficult to manipulate or predict in advance. 2. Tamper-resistant: The immutability of blockchain technology ensures that once a block is added to the relay chain, it becomes practically impossible to alter or tamper with its content and associated hash. This property adds an additional layer of security to the selection process, preventing any manipulation or bias towards specific outcomes. 3. Transparency and verifiability: Polkadot is built on the principles of transparency and openness. The relay chain's block hashes are publicly available and accessible to anyone, allowing participants to verify the fairness of the lottery selection process. 4. Randomness amplification: Concatenating multiple block hashes from the relay chain amplifies the randomness and unpredictability of the resulting seed. By combining several independent sources of randomness, the potential for bias or manipulation is significantly reduced. The use of multiple block hashes also increases the pool of possible outcomes, ensuring a wider range of potential winners and enhancing the fairness of the lottery. **Electing the winner:** 1. collect randomness seed according to above ( e.g. 13000 ) 2. collect total number of token eligible to win from our chain storage ( e.g 5000 ) 3. random number modulo total number of token eligible to win = winning token balance ( e.g. 13000 % 5000 = 3000 ) 4. start from top of eligible tokens storage and add up balances until winning balance is reached or exceeded. the owner of the last balance is the winner e.g. 3 deposits, user 1: 2500, user 2: 500, user 3: 2000 ⇒ 2500 + 500 >= 3000, user 2 is winner ## What are you waiting for? Click here to join the no lose game and deposit your MANTA token now Link here (once it's ready):

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