megapot

I was doing some research before adding liquidity to the Megapot pool. If I understand correctly, the profit to LP providers comes from ticket sales, but it is only showing 58,657 tickets sold over the past 270 days, which is nowhere near enough to cover past jackpots. Am I missing something?
Attn: @pl

building world's largest jackpot /megapot • ex @uniswap • 🟪 #45, FID #1575

That’s correct - the jackpot is large because of liquidity deposits, not because of past ticket sales

That’s how we overcome the cold start problem where you need a big jackpot to sell tickets, but to sell tickets to build a big jackpot 

Also, we really launched on Mar 19, before was an earlier prototype

Learn about how LPing works:

Engineering Project Manager | Herding engineers and dodging scope creep | Running on caffeine and last-minute deadlines

That’s correct - the jackpot is large because of liquidity deposits, not because of past ticket sales

That’s how we overcome the cold start problem where you need a big jackpot to sell tickets, but to sell tickets to build a big jackpot 

Also, we really launched on Mar 19, before was an earlier prototype

Learn about how LPing works: https://docs.megapot.io/overview/earn-as-a-liquidity-provider