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

𝓵𝓲𝓿𝓲𝓷𝓰 𝓽𝓱𝓮 𝓮𝓷𝓭𝓵𝓮𝓼𝓼 𝓼𝓾𝓶𝓶𝓮𝓻 • building @buoy 🛟 • skeet.build • pfista.com

Haha! But LPs win in the long run. 

Three days in, it’s been 150%, 800%, 11000% APY… on USDC! Wild to find this yield in this market 

Plus they earn our points program :)

I was pretty close to providing liquidity for the first time yesterday (my first time playing) 

Crazy that someone won it and glad I didn’t 😅

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

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

A basketball coach trying to learn and how to navigate web3.

I legit think it was me 
I bought 1 ticket

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

| 🎩  |  ↑  |  ⌐◨-◨

Not great 😅
Depends on how much of your position that you set in range
But fees earned were 11000% APY from bets placed yesterday

marketing @esprezzo | 
chronically online
permanently onchain

Have been waiting a long time for the RNG gods to wreck me (I’m a small LP)

launching tokens @megaphone-hq (fka @deform)

building the new internet. dev @ triviabase dot xyz

Yeah it’s insane to see a win. To many more!

Making DeFi accessible to everyone - building @starta | /9to5dotmeme on the side FID 675

yes, they did! but the return is regardless of entry (rather than a static multiplier) so we wanted to be clear it's really a $1 ticket that won

Didn't the winner buy $7,000 worth of tickets or am I reading the data wrong? Still a fantastic return in any case!

Insane it can feed all of my province 💀

I was gonna get in on this recently but can't due to being in an unsupported region (UK) not sure if that is our gov policy or megapot itself

Rome, Metropolitan City of Rome Capital, Italy

We want to enable more winners over time, but smart contract development takes time

Just one person won? Not a good idea at all! So many other people lost

非常感谢楼主分享这么好的内容。