# Ocean Raffle
The TIDE Ocean Raffle is a weekly lottery that randomly distributes tokens to 10 members of the community.
1. Ocean Raffle Amount: Each week, Tideflow will distribute 0.1% of the total supply of $TIDE to the community. This is done through a raffle system that anybody can win and is evenly given out per player (0.01% for each of the 10 players).
2. Base Eligibility: Each holder must lock a minimum of 2000 $TIDE and hold the equivalent $xTIDE in their wallet in order to be eligible.
3. Increased Chances: Each additional 2,000 $xTIDE held increases the holder's chances by an additional ticket.
4. Anti-whale: To maintain fairness and avoid excessive dominance by whales, there will be a cap of 35 entries (60,000 $TIDE).
**Step-by-Step Breakdown of the Raffle**
Let x be the total amount of $xTIDE a participant has in their wallet.
Let n be the number of tickets a participant receives for the raffle.
The formula for calculating the number of entries n based on the amount x locked is:
$$
n = \left\[ \frac{x}{2000} \right]
$$
This denotes the floor function, which rounds down to the nearest whole number. This ensures that only full 2,000 $xTIDE increments count towards additional entries.
To prevent excessive influence by whales, there is a cap on the maximum number of eligible tickets. This cap is set at 60,000 $TIDE for a maximum of 35 entries.
**Eligibility Criteria**
In order to prevent botting, there are several conditions that users need to complete in order to be eligible for the raffle:\
\
**Core Condition:**
* Having at least 2000 $xTIDE
**Account conditions**
* Weekly minimum volume of $50 throughout the TideFlow ecosystem
* Have connected Telegram
**Example**
* Player 1 has 2,000 $xTIDE: They receive 1 entry (n = 1).
* Player 2 has 10,000 $xTIDE: Without a cap, they would receive 5 entries (n = 5). With a cap of 35, they still get 5 entries.
* Player 3 has 62,000 $xTIDE: Without a cap, they would receive 36 entries. With a cap of 35, they receive only 35 entries (n = 35).
**Calculating odds to win**
All eligible participants count towards the raffle. Each week, there will be a total number of eligible entries N. The winning tickets will be randomly chosen from this total. Note that if a ticket associated with a player has been chosen to win one of the 10 rewards, all tickets associated with that player are void for the respective week’s raffle.
Total Entries (N) - Sum the entries of all participants to get the total entries in the lottery.
$$
N = \sum\_{i=1}^{\text{total players}} n(x\_i)
$$
This can then be used to calculate individual odds:
**Calculating Individual Odds**
Given there are 10 winners each week, the chance Pi that a participant wins at least one prize is derived from the complement of the probability of not winning any of the 10 draws:
$$
P\_i = 1 - \left( 1 - \frac{n(x\_i)}{N} \right)^{10}
$$
This formula calculates the probability that a participant wins at least one of the 10 available prizes, given their number of entries n(xi), relative to the total N.
**Maximizing a player’s weight in the Raffle**
Either 60k TIDE locked or 12k lock for 20 weeks.
Here’s the raffle entries per 2,000 $TIDE locked at TGE
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