After our last community vote, it’s now time to bring to you our next Moonpot as promised: The Alpaca Community Pot. Just like our BabySwap Pot, the Alpaca Pot has 5 winners. We’ll also be boosting the APY with bonus $POTS as a reward to all early partakers.

What is a Community Pot?

Moonpot’s Community section is where we partner with the best DeFi projects and communities to build more experimental Moonpots.

Alpaca will also inject 50k USD worth of $ALPACA into the new Community Pot to pump up your APY. The Alpaca Pot will payout prizes in $ALPACA.

As per usual, there’s a 10-day Fairplay Timelock in place for Community Pots, meaning you can only withdraw your funds within 10 days of depositing if you pay a Fairness Fee of 2.5% (or less, as it reduces down to zero over the course of the ten days).

All assets deposited in the Alpaca Pot are sent by smart contract to Beefy Finance’s auto-compounding $ALPACA Vault to earn the best yield possible.

APY breakdown

The earnings of that overall yield are divided as follows:

— 50% paid to Cadets as interest

— 40% is put into the weekly Alpaca Pot prize draw

— 5% is sent to Ziggy’s Pot (sold for POTS and paid out to Cadets who’ve staked POTS)

— 3% is sent to Ziggy’s Pot for Ziggy’s Monthly Prize Draw

— 2% is sent to Moonpot’s Treasury for development fees

You may have already seen that Community Pots differ from our Main Pots with 2% of the earnings from the Moonpot going to our Treasury. This helps make the overall project more sustainable and helps pay for development fees and further growth.

It’s important to note that change doesn’t reduce the APY on the Community Pot itself, or Ziggy’s Pot either, but comes from Ziggy’s prize fund instead.

Message us on our social media channels about what other Community Pots you’d like to see rolled out, and be sure to tag those projects too.

Twitter: https://twitter.com/moonpotdotcom

Telegram: https://t.me/moonpotdotcom

Remember, the Alpaca Pot is live today with APY and prizes to be earned! Injected $Alpaca is on a first-come, first-served basis.

play.moonpot.com/#/community