How It Works

In phase 1, EverDraw runs a simple loop. Collect deposits, stake them as shMON, pool the yield, draw one winner, return principal to everyone. Two vaults run on offset weekly schedules so there is rarely more than 3.5 days between open deposit windows.

• Protocol Overview. The core loop, tickets, no loss guarantee.
• Round Lifecycle. Each round’s states and timing.
• Winner Selection. Commit reveal mechanics and probability.
• Points. How loyalty is rewarded.