Launch Liquidity Program (Archive)

Summary

Our goal is to build the largest jackpot. To do so, we're incentivizing liquidity providers to help build the first jackpot to make a splash.

From July 30 - Aug 9, LPs can deposit funds and earn a points multiplier on funds deposited. After that, further deposits are capped.

From Aug 9 onwards, ticket purchases will be allowed.

If you're interested in providing liquidity at launch, DM us on Twitter (@megapot_io) or Farcaster (@pl)

LP Deposit Window (July 30 - Aug 9)

At the end of this period, we will cap all further LP deposits to ensure that LPs who believed in us early can earn maximum fees. During this period, LPs have no lottery variance.

Significant points bonuses are offered during this pre-launch period:

• 2x multiplier per day for launch week

• Bonus 3x multiplier for launch day

• Earn a 100% points match per week for the first 2 weeks

About the points match:

• Initial points match is calculated on Aug 16, 3pm PT

• Next points match is calculated on Aug 23, 3pm PT

• These points are matched only if the initial position has not been withdrawn

• We use the lowest stake % set between that period to calculate your points

Here is an example:

A user who deposits 1,000,000 BLAST with a 20% stake percentage on July 30. On Aug 10, they edit their stake % to 10%.

• Points awarded on Aug 16 will be 5014 points. We use the lowest stake % between July 30 - Aug 16, which is 10%.

• 900k BLAST principal * 10 days * 1 point per 100k BLAST per day * 2x launch week multipler = 180 points

• 100k BLAST stake * 10 days * 100 points per 100k BLAST per day * 2x launch week multiplier = 2000 points

• 900k BLAST principal * 1 day * 1 point per 100k BLAST per day * 3x launch day multipler = 27 points

• 100k BLAST stake * 1 day * 100 points per 100k BLAST per day * 3x launch day multiplier = 300 points

• The above sums to 2507 points. The user gets a points match for Aug 9-16 of another 2507 points for a total of 5014 points.

On Aug 17, they edit their stake % to 5%. On Aug 18, they increase their stake % back to 10%.

Points awarded on Aug 23 will be 1368.5 points. We use the lowest stake % between July 30 - Aug 23, which is 5%.

• 950k BLAST principal * 10 days * 1 point per 100k BLAST per day * 2x launch week multipler = 190 points

• 50k BLAST stake * 10 days * 100 points per 100k BLAST per day * 2x launch week multiplier = 1000 points

• 950k BLAST principal * 1 day * 1 point per 100k BLAST per day * 3x launch day multipler = 28.5 points

• 50k BLAST stake * 1 day * 100 points per 100k BLAST per day * 3x launch day multiplier = 150 points

This does not include points earned normally from Aug 9 onwards and doesn't include fees accrued. LPs are free to increase their stake % during this time as well.

This LP earned 6382.5 points for their pre-launch contribution which had no variance risk. This returns 5.85x more points than an equivalent position, which normally earns 1090 points in 10 days.

Additional points match for pre-launch deposits may be introduced at a later time.