I’m looking into alternatives to regular staking rewards and found this interesting concept where you stake tokens to get raffle entries instead of just earning APY. There’s this project that works on multiple chains where your staked tokens generate lottery tickets for physical prizes like gaming equipment, electronics, and other valuable items.
The platform also promises guaranteed token drops from partner projects. They claim everything runs on blockchain so you can verify the draws are fair, and they say most people win something eventually.
Anyone here has experience with these prize-based staking platforms? I’m curious about the actual winning chances, how much it costs compared to normal staking, and if the prizes are worth it. Would appreciate any feedback from people who actually tried this type of reward system.