> For the complete documentation index, see [llms.txt](https://docs.xcadnetwork.com/xcad-network-public-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xcadnetwork.com/xcad-network-public-documentation/xcad-ecosystem/clo-launchpad/raffle-system-and-tiers.md).

# Raffle System & Tiers

### What is a CLO Tier?

XCAD has a smilar tier system to other launchpads you have seen (such as DAO maker and Polkastarter).

Getting allocation for the Creator CLOs will work via a tiered staking system, where the more XCAD you hold and stake, the greater your chances of getting CLO allocation. There will be 5 tiers which are explained below:

### Current CLO Tiers

{% tabs %}
{% tab title="Tier 1" %}
**Stake 100 – 299 XCAD**

* Earn x1 entry to win CLO allocation
  {% endtab %}

{% tab title="Tier 2" %}
**Stake 300 – 999 XCAD**

* Earn x3 entries to win CLO allocation
  {% endtab %}

{% tab title="Tier 3" %}
**Stake 1000 - 2499 XCAD**

* Earn x10 entries to win CLO allocation
  {% endtab %}

{% tab title="Tier 4" %}
**Stake 2500 – 4999 XCAD**

* Earn x25 entries to win CLO allocation
  {% endtab %}

{% tab title="Tier 5" %}
**Stake 5000+ XCAD**

* Earn x50 entries to win CLO allocation
  {% endtab %}
  {% endtabs %}

{% hint style="warning" %}
The newer version will use a Venture Yield System, to be announced later in 2023
{% endhint %}

### Can I Win Multiple Allocations?

NO. It is not possible to win multiple allocations per CLO, each tier will give you access to a higher probability of winning, but to keep wide distribution only one fixed amount of allocation can be won per person. The tiered raffle system provides further utility & demand for XCAD as the more XCAD you hold and stake, the more chances you have of getting allocation for CLOs.


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