July Blast Airdrop
We just distributed our 31746 Blast Gold and 615069 Blast Points!
TLDR:
Check megapot.io/airdrop to see how much you got!
Buying lottery tickets to earn Gold was profitable in July, even ignoring your chance of winning the jackpot. You could earn 102 Gold (worth $50) if you spent 0.007 ETH ($25) if you played smart and value Gold at $0.50.
If you deposited the minimum LP at recommended settings, you would have earned 229 Gold, plus 4400 Blast Points. LPs earned 141% APR on fees.
One user earned 824 Gold from sharing their invite link (here's how).
Users earned 470 Gold sharing feedback in Telegram.
Methodology
Users were allocated 23776 Gold based on Megapoints earned from ticket purchases and referrals
LPs were allocated 7500 Gold based on Megapoints earned from depositing LP
470 Gold was given to those who provided feedback in Telegram
We took a points snapshot at block 6694369 on July 28.
Ticket purchase breakdown
One player earned 4251 Gold from by buying tickets. 🚜
You could earn 102 Gold (worth $50) if you spent 0.007 ETH ($25) buying 1 ticket every day for 1 week in a row (earning the max streak bonus of 2.5x), bought tickets at launch (3x multiplier), and signed up with an ambassador code (1.5x). This doesn’t include your chance of winning the jackpot, or the 2000 Blast Points you’d earn too.
Play now at megapot.io/!
Referrer breakdown
One user earned 824 Gold sharing their invite link. You earn 20% of your referrals’ Megapoints, in addition to 100% of fees generated in ETH.
That’s why dApps like Tornado built a lottery on top of our protocol (see: https://tornado.fun/lottery as a way to earn revenue!)
Share your code at megapot.io/referrals!
Liquidity provider breakdown
LPs earned a lot of Gold, in addition to 141% APR.
One LP earned 1007 Gold with just 0.55 ETH. Their position grew 25% in 3 weeks to 0.685 ETH — this is fees + luck.
If you deposited the minimum LP at recommended settings, you would have earned 229 Gold, plus 4400 Blast Points. LPs earned 141% APR on fees.
Our new BLAST lottery launches on July 30 with a liquidity provider program. Deposit liquidity on the first day and earn a 3x multiplier bonus.
We’re excited for y’all to join us for August
We will continue to give away 100% of our Blast Points and Gold to players and LPs.
We think we’ll get a big Gold distribution so players will earn well, and a bunch of users so LPs will earn great fees.
Blast confirmed our upcoming lottery denominated in $BLAST is an innovative use of $BLAST, which gets a separate Gold allocation.
We think dApps will build a lottery on our protocol so they get this allocation as well
We’ve also built a mobile app and as a protocol, got dApps to build on top of us (eg. Tornado with tornado.fun/lottery) and integrations with Thruster
Additional notes
In our first week, we had a button to tweet about us. If you did that, we gave you 20% more Megapoints.
There are currently just 12 ambassadors. Their audience earns 50% more Megapoints, and as you can see, that’s a huge Gold boost! Learn more about the ambassador program.
We changed LP points calculations during this beta launch as we saw how users used our product. This was communicated out in our Telegram Announcement channel. To ensure fairness, we distributed 2500 Gold based on LP points earned during the periods of July 7-10, July 11-17, and July 18-28. This rewards our earliest LPs, while ensuring later LPs got a fair share, since we gave significantly more points in the first few days and week.
Team provided some initial liquidity to get the jackpot going. Team did not receive any Blast Points or Gold for LPing.
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