megapot

IT FINALLY HAPPENED 

Someone just won $207,076.40 with a $1 ticket 

Today, there’s $212,875.61 that could be yours. 🧵

It took six long months

But someone finally won the $207,076.40 jackpot with a $1 ticket 

LPs got rekt. But the protocol worked as expected - there’s a fresh $212,000 jackpot. What an insane day.

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

Do you think people will want to provide liquidity more or less after a jackpot win? How did you make sure another, bigger jackpot amount was ready for the next lottery? Would be interested to learn how this works

Probably less

But the APY is insane so that’s why they’re in it. The house always wins in the long run, it’s just how much risk can you stomach 

We allow LPs to passively invest and only put a portion of their position into the jackpot, such that after a jackpot is won, some of their residual liquidity goes into the next one

Dig in here:

Founder of LangCoin, the first insider memecoin for developers. 
https://LangCoin.info

Formerly PM/PMM at Google, Capital One, fintech startups

Probably less

But the APY is insane so that’s why they’re in it. The house always wins in the long run, it’s just how much risk can you stomach 

We allow LPs to passively invest and only put a portion of their position into the jackpot, such that after a jackpot is won, some of their residual liquidity goes into the next one

Dig in here: https://docs.megapot.io/overview/earn-as-a-liquidity-provider