Earn as a liquidity provider

Anyone can be a liquidity provider and earn yield on USDC, in USDC, by taking on variance!

In AMMs like Uniswap, LPs market make swaps and earn 0.3% fees. Megapot lets LPs market make long-shot odds and earn up to 30% fees on every ticket sold.

Video: LP mechanics

Docs: LP mechanics

If you don't want to watch the video, below is the content in image form.

First, here's how Megapot works:

Then, here's how LPing works:

This spreadsheet shows how yield and risk changes based on player volume. DM us on X (@megapot_io) or Farcaster (@pl) for a walkthrough.

How this differs from a Uniswap AMM

Megapot does not suffer from impermanent loss. The counterparty to your liquidity position is non-toxic flow. These are players who are willing to take a negative expected value bet, such that the fees over time should increase your position's value.

Megapot has variance. Your liquidity position can increase or decrease in value based on luck. To reward LPs for taking on variance, our target for fees (107% APY) is significantly higher than the returns one would usually get in an AMM with ETH. We can increase fees to grow LP yields and provide enough incentives for apps to integrate Megapot.

Megapot is denominated in one currency and yield is also in that currency. Instead of holding both sides of a pool, and having your position change over time as prices change, Megapot lets you supply USDC and earn best-in-class returns denominated entirely in USDC.

Any other questions? Our team worked at Uniswap, so we're always happy to chat.

Earn much more than just fees

Earn significant Megapoints when you deposit liquidity.

Deposit now at megapot.io/liquidity or learn the specifics at How to provide liquidity