The scientists in the Mission Control lab have been working hard to create Ziggy’s latest bright idea: Side Pots. Our satellites picked up signals from Cadets that they wanted more prizes more often. So strap yourselves firmly in the Moonpot spaceship and get ready for the Side Pots to blast off!
What’s a Side Pot?
Side Pots are Moonpots that give you the chance to win a prize every single day. Each Side Pot will start by having only one winner and be focused 100% on the prize. As the Pot grows we will add more winners, with the goal that each winning ticket gets at least $1000.
So what does that mean? Well, most of the revenue earned from your stake goes to the prize draw. There’s no interest of APY here, just some serious sums of crypto waiting for a Cadet each to get in their wallet each day.
Where can I find Side Pots?
Side Pots will display on the game page along with our other prize draw games. The process to enter is the same as always: connect your wallet, stake your crypto, and check the results of the daily prize draws to see if you’ve been the lucky winner! Our first Side Pot will let you stake and win daily $CAKE prizes, and also feed some revenue back into the $CAKE Main Pot. Here are the details:
Deposit Token: $CAKE
APY: Prize Only
Prize Draw: Daily
Number of winners: 1 (until the prize gets above $2,000)
Timelock: 72 Hours
Fair Play Fee: 2.5%
Prize Source: Beefy Vault APY on the staked asset
Revenue split: 80% to Side Pot prize, 20% to $POTS buybacks for the Main Pot bonus interest
As the smartest of Cadets may have noticed, some of the revenue from the Side Pots is used to support the Main Pots. That means the more people playing in the Side Pots, the more sustainable the Main Pots are. That’s good for Moonpot and great for POTS holders.
Get staking Cadet!
In the near future, the Mission Control Lab will release more Side Pots to complement our already-existing Mainpots. We understand for players with a smaller stake, the prize can look more tempting than the interest! That’s why everyone now has a chance to concentrate on the prizes and customize how they want to be rewarded by Moonpot.