# Raffles

Bitfoot hosts a monthly raffle exclusively for **$FOOT token holders**, designed to reward our community for their loyalty and engagement with exciting cash prizes.

<figure><img src="/files/f0PbjsYbZbRkoLXujwW3" alt=""><figcaption></figcaption></figure>

## How It Works

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### Hold $FOOT Tokens&#x20;

To participate, simply hold a minimum of **2,500 $FOOT tokens**. By holding $FOOT, you’re not only supporting the Bitfoot ecosystem but also qualifying to accumulate raffle tickets.
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### Collect Raffle Tickets

The longer you hold, the more raffle tickets you earn, increasing your chances of winning. Each token you hold contributes to your ticket count, so holding more tokens and for longer periods gives you better odds.
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### Monthly Draw

Each month, Bitfoot allocates an **interesting amount** from platform fees to create a raffle prize pool. **Three lucky winners** are selected from the pool of raffle ticket holders to share the prize.
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### Prize pool

The prize pool is expected to range between **$5,000 and $100,000**, depending on platform trading volume and community engagement.&#x20;

This amount is benchmarked against competitor platforms, and as Bitfoot continues to grow, so does the potential prize pool.
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## Key Points

* * Only **$FOOT holders** with at least **2,500 tokens** are eligible for the raffle.
  * The raffle takes place **once a month**.
  * **Three winners** are drawn from the community each month.

<figure><img src="/files/Rd2Cl4roE2L99ww7sT32" alt=""><figcaption></figcaption></figure>

The Bitfoot raffle is our way of giving back and providing substantial rewards for our dedicated $FOOT holders. Hold your tokens, collect tickets, and stand a chance to win big each month!


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