> For the complete documentation index, see [llms.txt](https://docs.megapot.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.megapot.io/appendix/summer-backer-bonus.md).

# Summer Backer Bonus Program

**Earn guaranteed bonus incentives for supporting the Megapot prize pool this summer.**

We're rewarding backers who commit to the prize pool during our summer growth period. If you have funds in the pool on June 25th and maintain your position through September 23rd (90 days), you'll be eligible for bonus incentives targeting **\~20–25% APY**.

***

## How the Bonus Works

We commit to a **$54,000 bonus pool** that scales down linearly as tickets are sold. The formula is fixed at program start and does not change based on pool composition or lottery parameters.

**The Formula:**

```
Bonus Pool = max($0, $54,000 - (tickets_sold × $0.10))
```

Equivalently:

```
Bonus Pool = $54,000 × max(0, (540,000 - tickets_sold) / 540,000)
```

**Fixed Commitments:**

* **Maximum bonus pool:** $54,000
* **Ticket threshold:** 540,000 tickets (6,000/day × 90 days)
* **Rate:** $0.10 per ticket below threshold

| Total Tickets Sold (90 days) | Bonus Pool |
| ---------------------------- | ---------- |
| 0 tickets                    | $54,000    |
| 100,000 tickets              | $44,000    |
| 200,000 tickets              | $34,000    |
| 300,000 tickets              | $24,000    |
| 400,000 tickets              | $14,000    |
| 500,000 tickets              | $4,000     |
| 540,000+ tickets             | $0         |

This bonus is distributed proportionally among eligible backers at the end of the program.

{% hint style="info" %}
**What does this mean for you?** Combined with your share of the 12.5% backer edge from ticket sales, this program provides a floor of roughly 20% APY for the pool, rising to \~25% APY as ticket sales reach the 540,000 threshold. If ticket sales exceed 540,000, you earn more than the target from ticket sales alone.
{% endhint %}

***

## Eligibility Requirements

To qualify for the Summer Backer Bonus, you must meet **all** of the following criteria:

1. **Be in the pool on June 25th** — Your USDC must be in the pool when the program begins
2. **Maintain your position through September 23rd** — Your eligible shares must remain in the pool for the full 90-day duration
3. **Partial withdrawals** — If you withdraw any of your eligible shares, those shares become permanently ineligible for the bonus (even if you re-deposit later)

***

## How Your Bonus Is Calculated

Your share of the bonus pool is determined by a simple formula:

```
Your Bonus = Total Bonus Pool × (Your Remaining Eligible Shares / Total Initial Eligible Shares)
```

**Key mechanics:**

* **Snapshot on June 25th**: We record the number of shares you hold at the start of the program. This becomes your "eligible shares" amount (equal to the USDC you contributed).
* **Withdrawals reduce eligibility**: If you withdraw shares, those specific shares become ineligible — you cannot re-add them later.
* **Proportional distribution**: Bonus tied to withdrawn shares is not distributed, ensuring only committed backers are rewarded.

***

## Example Scenario

Let's say you have 100,000 USDC in the pool on June 25th:

1. Your 100,000 shares are recorded as eligible
2. Over 90 days, 300,000 total tickets are sold across all drawings
3. The bonus pool is $54,000 - (300,000 × $0.10) = **$24,000**
4. The total initial eligible shares across all backers is 1,100,000
5. You keep all 100,000 shares in the pool through September 23rd

**Your bonus:** $24,000 × (100,000 / 1,100,000) = **$2,182**

Combined with your share of the $37,500 in backer edge from actual sales (300,000 × $0.125), your expected total earnings from the program would be approximately $5,591—representing roughly 23% APY on your position.

***

## Important Disclosures

{% hint style="warning" %}
**This bonus does not protect against losses.** Backing the prize pool carries risk — if there is a jackpot winner, backers may experience losses that exceed the value of this bonus. This incentive program does not guarantee that your position will be profitable, nor does it offset or insure against jackpot payouts.

The Summer Backer Bonus is a discretionary incentive calculated at the end of the program period based on actual ticket sales. This program does not constitute a promise of any specific return beyond the bonus pool formula described above.
{% endhint %}

***

## Program Timeline

| Date                           | Event                                                               |
| ------------------------------ | ------------------------------------------------------------------- |
| **June 25th**                  | Program begins — snapshot of eligible shares taken                  |
| **June 25th – September 23rd** | 90-day program period                                               |
| **September 23rd**             | Program ends — bonus calculated and distributed to eligible backers |

***

## FAQ

**I'm already in the pool. Do I need to do anything?**

No. If you have funds in the pool on June 25th, you're automatically eligible for the Summer Backer Bonus. Just keep your funds in the pool through September 23rd — no sign-up or additional action required.

**Can I add more funds after June 25th?**

Yes, but only shares held on June 25th are eligible for the bonus. Additional deposits after the start date earn standard backer returns but do not qualify for the bonus program.

**How is this different from the Early Backer Bonus?**

The Early Backer Bonus calculated the bonus pool on a per-drawing basis. The Summer Backer Bonus uses an aggregate calculation across the entire 90-day period, targeting a specific APY for the pool as a whole.

***

## Ready to Participate?

Join the backers who are earning guaranteed bonus incentives this summer.

* [How to Back the Pool](/getting-started/how-to-back-the-pool.md)
* [Understand Backer Economics](/getting-started/backer-economics.md)
* Questions? Reach out on our [Support Chat](https://megapot.io/support)


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