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The jackpot is fully backed by liquidity providers (LPs), guaranteeing daily drawings no matter how many tickets are sold. However, they risk significant losses if players get lucky, and in return, earn fees for doing so. To find players to play, apps, influencers, and players are rewarded for sharing Megapot with their audiences and friends.
LP Referrer Flow

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Here are all the components of Megapot:

  1. Jackpot - Our onchain smart contract issues tickets and runs a provably fair drawing every 24 hours.
  2. Liquidity provider (LP) program - This onchain contract takes LP contributions, allows for position edits or withdrawals, and automatically rebalances every jackpot.
  3. Megapoints program - This offchain program rewards players, LPs, and developers for using the product. Megapoints are later exchanged for rewards.
  4. Referral program - This referral program rewards users for referring others to play or LP.
  5. Web application - Our website at https://megapot.io is how players and LPs access Megapot.
    • Developers: Add a jackpot to your site, launch a jackpot in your token, or programmatically offer tickets as incentives to your users here