How ETH5050 V2 Works
ETH5050 V2 is a Web3 50/50 raffle system built on Ethereum Layer 2 networks. Chainlink VRF v2.5 powers verifiable winner randomness, and Chainlink Automation helps trigger finalization when raffles end or sell out.
Powered By ETH
Hold ETH To Create Or Join Raffles
ETH5050 uses ETH for all transactions. Creating a V2 raffle requires 0.012 ETH: a 0.010 ETH platform creation fee plus a 0.002 ETH decentralized finalization reserve for Chainlink VRF, Chainlink Automation, and fallback settlement.
Download Wallets
You Must Have ETH In Your Wallet
Choose Your Network
Start Creating Or Joining Raffles
Base
Base is a secure, low-cost, builder-friendly Ethereum L2.
Chain ID: 8453
Optimism
Optimism is a low-cost and lightning-fast Ethereum L2 blockchain.
Chain ID: 10
Arbitrum
Arbitrum is a suite of Ethereum scaling solutions.
Chain ID: 42161
Raffle Flow
Create, Buy, Finalize
Create a Raffle
Hold ETH in your wallet, name your 50/50 raffle, set the duration, and submit the 0.012 ETH V2 creation payment.
Buy Tickets
Join active raffles with ETH. Each ticket costs 0.0025 ETH and is recorded transparently on-chain.
VRF Winner Selection
When the raffle ends or sells out, Chainlink Automation triggers finalization and Chainlink VRF v2.5 supplies verifiable randomness for winner selection.
Join V2 50/50 Raffles On Ethereum L2
- *V2 creation payment: 0.012 ETH
- *Platform creation fee: 0.010 ETH
- *Decentralized finalization reserve: 0.002 ETH for Chainlink VRF, Automation, and fallback settlement
- *Tickets cost: 0.0025 ETH each
- *Winners receive: 50% of the total prize pool
- *Creators receive: 50% of the total prize pool
- *All ticket purchases, finalization events, and prize distributions are transparent and on-chain
Recently Completed Raffles
View completed 50/50 raffle results on ETH5050. V2 winners are selected with Chainlink VRF v2.5 and finalized with Chainlink Automation or fallback settlement.
- *All V2 raffles use Chainlink VRF v2.5 randomness
- *Chainlink Automation can trigger finalization when raffles end or sell out
- *Prize distribution is automatic after finalization
- *Full transaction history is available on Ethereum blockchain explorers
FAQ
Frequently Asked Questions
Does ETH5050 V2 use Chainlink VRF?
Yes. ETH5050 V2 uses Chainlink VRF v2.5 direct funding for verifiable winner randomness on Base, Optimism, and Arbitrum.
What does Chainlink Automation do?
Chainlink Automation can trigger raffle finalization when a raffle reaches its end time or sells out, helping the draw move from ticket sales to winner selection without manual operation.
What is the 0.002 ETH reserve for?
The V2 creation payment includes a 0.002 ETH decentralized finalization reserve that helps fund Chainlink VRF, Chainlink Automation, and fallback settlement.
Can the contract owner manipulate results?
No. Winner selection uses Chainlink VRF v2.5 randomness fulfilled on-chain. No admin can choose the winner or replace the random result.
Can I verify the winner myself?
Yes. The raffle contract events, Chainlink VRF request, fulfillment, finalization, and payout history are visible on-chain.
What if someone controls multiple wallets?
Each ticket has an equal chance regardless of who owns it. Multiple wallets do not affect randomness; they only mean that person owns more tickets.
Ready To Launch Or Join A Raffle?
Pick a network, connect your wallet, and use ETH to create or join a V2 Web3 50/50 raffle powered by Chainlink VRF and Chainlink Automation.