The Prize Account is a unique rewards product offered by Rand. It provides an opportunity for all users to contribute to yield generation and have a chance to win monetary prizes. Here's how it works:
When you add funds to the Prize Account, your funds join forces with other users' contributions to generate interest over the course of one week. At the end of this period, the total interest generated is distributed among a select number of lucky winners. The winners are chosen randomly but the chances to win are proportional to the amount invested and the time funds have been kept in the Prize Account over that week. Regardless of whether you win or not, you keep the original amount you invested in the Prize Account and the yield generation for the following week's prizes starts immediately after the distribution of prizes, meaning that your contribution continues to support the potential for future winnings.
The Prize Account adds an element of excitement to your financial journey, offering the opportunity to earn bigger rewards sporadically. Participating in the Prize Account allows you to be part of a community-driven rewards program that fosters a sense of engagement and potential for additional benefits.