💰
Megapot
  • Overview
    • About Megapot
    • How to play
    • How to provide liquidity
    • How to refer users
    • Earn as a liquidity provider
    • About the Team
    • Megapoints
  • Deep dive
    • Components
    • System Diagram
    • Smart Contract
    • Provably Fair
  • Developers
    • Start Here
    • React UI Kit (Beta)
      • MegapotProvider
      • Jackpot
      • useJackpot
    • Standalone Integration
      • Getting Started
      • Contract Functions
      • Jackpot Page
      • LP Deposit Page
      • History Page
    • Custom ERC-20 Jackpot
  • Developer Reference
    • Testnet & Mainnet
    • Contract Overview & Functions
    • Megapot API
    • Megapot Examples
      • Refer Tickets
      • Gifting Tickets
    • Brand Kit
  • Appendix
    • VIP Program
    • FAQ
    • About Megapot
  • Terms of Service
  • Privacy Policy
  • Responsible Gaming
Powered by GitBook
On this page
  • Video: LP mechanics
  • Docs: LP mechanics
  • How this differs from a Uniswap AMM
  • Earn much more than just fees
  1. Overview

Earn as a liquidity provider

PreviousHow to refer usersNextAbout the Team

Last updated 1 month ago

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:

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.

DM us on X (@megapot_io) or Farcaster (@pl) for a walkthrough.

Deposit now at or learn the specifics at How to provide liquidity

This spreadsheet shows how yield and risk changes based on player volume.
megapot.io/liquidity