Overview of the $LOCC Orbit Propulsion Smart-Contract

Hello everyone,
Here is a little tutorial to help explain how the Propulsion smart contract works in detail.

With every ERC-20 token transfer that happens between $LOCC hodlers, 5% of the transaction is sent to the Propulsor smart-contract: 0x5d68FE6E6FF4f869B689132Cd8fecC5b6418b839
Github Code-Source of the Contract

For every 138 blocks that occur on the Ethereum chain ->
(Reviewable here) one staker will be chosen from the Propulsor contract at random to get all the fees collected during that period.

How to Stake in the Propulsor Contract to get a chance to get blasted into Orbit?
To join the next propulsion wave, you need to stake a minimum of 0.075 $LOCC in the staking page of locc website.

Every time an astronaut is selected to get blasted into Orbit, the amount of fees won is directly sent to the recipient’s wallet, which has no lock up period and can be used immediately as the astronaut wishes.

You can follow in real-time the amount of time-left before the next propulsion into orbit occurs. You can view the past history of previous winners on the main page of the website.

When the countdown goes to zero you will notice the propulsion begins! Your screen and possibly the very chair you are sitting in will begin to shake uncontrollably.

Don’t worry this is normal when a hodler is getting shot into orbit. One lucky staker is about to win the entire collected fees in the Propulsion Contract.

Check a Propulsation video happening in real time.

Orbit time!

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