# MVP Prize

### Eligibility

To be eligible for the MVP Prize drawing, a wallet must hold an active [LaunchPass](/litepaper/launchpass.md).

{% hint style="info" %}
An eligible wallet can win more than once.
{% endhint %}

### Prize Pool

1% of all token purchase fees (buy tax) and a portion of Loanz liquidation events will be allocated to the MVP Prize pool.

### Drawing

Once the MVP Prize pool reaches critical mass, a random drawing will be held.

* Winning wallets are drawn using a random number generator.
* The number of winners can vary based on the size of the MVP Prize pool.
* Rewards are paid in $FANZUP tokens.

{% hint style="info" %}
Drawing events are held live on FanzUp communication channels and winning wallets are displayed on the Dapp.
{% endhint %}

### Number of Entries

The number of entries per drawing is determined by the wallet's LaunchPass Level. 

<table><thead><tr><th width="133">Pass Level</th><th width="172">Number of Entries</th></tr></thead><tbody><tr><td>1</td><td>64</td></tr><tr><td>2</td><td>32</td></tr><tr><td>3</td><td>16</td></tr><tr><td>4</td><td>8</td></tr><tr><td>5</td><td>4</td></tr><tr><td>6</td><td>2</td></tr><tr><td>7</td><td>1</td></tr></tbody></table>


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