LTB Token Overview

LTB (Lotto Balls Token) is the native token of the Lotto Balls ecosystem, providing an alternative payment method and reward mechanism.

Token Basics

Property
Value

Name

Lotto Balls Token

Symbol

LTB

Decimals

18

Type

ERC-20

Token Utility

LTB serves multiple purposes within the Lotto Balls ecosystem:

1. Alternative Payment

Players can use LTB instead of USDC to place bets. LTB plays have a dynamic cost that scales with the contract's token balance.

2. Reward Token

USDC players earn LTB as rewards, creating a continuous distribution mechanism.

3. Value Proposition

LTB provides:

  • Lower barrier to entry for new players

  • Alternative for those preferring token exposure over stablecoins

  • Participation in the game's token economy

Display Units: MLTB

For user-friendly display, LTB amounts are often shown in MLTB (Mega LTB):

This makes numbers more readable:

  • "10 MLTB" instead of "1,000,000 LTB"

  • "0.5 MLTB" instead of "50,000 LTB"

The contract works in raw LTB units (18 decimals) internally.

Token Flow

LTB tokens flow in two directions:

Into the Contract

  • LTB bets transfer tokens from players to the contract

  • Direct deposits (admin seeding)

Out of the Contract

  • USDC play rewards distributed to players

  • Admin withdrawals

This creates the foundation for the seesaw mechanics.

Getting LTB

Players can acquire LTB through:

  1. Earning rewards: Play with USDC to receive LTB

  2. Trading: LTB may be available on decentralized exchanges

  3. Direct purchase: If available through official channels

Token Contract

The LTB token is a standard ERC-20 with role-based access control:

Roles

  • DEFAULT_ADMIN_ROLE: Can manage other roles

  • MINTER_ROLE: Can mint new tokens

  • BURNER_ROLE: Can burn tokens

Key Functions

Integration with Lotto Balls

The Lotto Balls game contract holds a balance of LTB tokens and:

  1. Receives LTB from players who bet with tokens

  2. Distributes LTB as rewards to USDC players

  3. Calculates costs/rewards dynamically based on its balance

The contract does NOT mint or burn LTB—it only transfers from its existing balance.

Balance Visibility

Current Contract Balance

Your Balance

Check your wallet's LTB balance through:

  • The Lotto Balls app interface

  • Any block explorer

  • Standard ERC-20 balance queries

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