The Moonpot Space Program is excited to share news of yet another successful launch. This time it’s the turn of our native token ($POTS).
Ziggy’s Pot has also safely landed — where you can stake and earn more precious $POTS.
Here are three things you should know about the latest developments.
1/ YOU CAN NOW BUY $POTS
$POTS hit the market at 10 AM UTC on Aug 3.
You can now buy $POTS from DODO, PancakeSwap, and ApeSwap.
Launch price was $1.
One day later $POTS is — at the time of writing — worth $3. That’s a 300% increase in less than 24 hours.
There will only ever be 10 million $POTS.
Captain Ziggy thinks the only way is up!
Although please be warned that Ziggy is a space explorer, not a financial adviser. So please do your own research.
This is not financial advice. Just the enthusiasm of an excited astronaut.
2/ YOU CAN NOW STAKE $POTS
$POTS is Moonpot’s native token.
You can now stake your $POTS in Ziggy’s Pot to earn even more $POTS.
If you are new to Moonpot then one of the most important things to know is that 5% of all the interest earned across the whole platform is sent to Ziggy’s Pot.
The money is then paid out to all the Moonpot Cadets staking $POTS.
Hold and stake $POTS and you are earning a share of the platform’s revenue — paid out in even more $POTS.
Since these rewards are paid in $POTS that come from open-market purchases they contribute to continual buying pressure on the token.
Right now, thanks to an injection of extra $POTS from Mission Control, the yield on Ziggy’s Pot is 465% APY — at the time of writing. That number will go down as more people join the pot.
Ziggy’s Pot was launched on Aug 4 so get in now while the pot is not even a day old and the rewards are at their highest.
Want to take part with your $POTS?
Go to https://play.moonpot.com/#/. Connect your wallet, then click on the button that says ‘Play with POTS’.
3/ THERE IS NOW OVER $140k WORTH OF CRYPTO TO BE WON FROM ZIGGY’S POT
The other thing you should know about Moonpot is that 5% of all the interest earned across the entire platform is sent to Ziggy’s Pot where it is gathered as a prize fund.
Every four weeks the prize pot is closed and distributed to ten lucky winners staking in the pot.
The winners are picked via an objective third-party random number generator.
The Moonpot protocol uses Chainlink VRF (Verifiable Random Function) — a provably fair and verifiable source of randomness designed for smart contracts.
See documentation here.
It’s a provably fair process that takes place with zero involvement from the Moonpot team, and which can be 100% verified by anyone who wants to check the cryptographic proof.
More excitingly, there is currently over $140k worth of crypto waiting to be won by users who stake their $POTS in Ziggy’s Pot. And it’s only Day One!
The first Ziggy’s Pot prize draw will take place on Wed 1 Sep. So there are still another 28 days for even more crypto to be added to the prize fund with each passing day.
Ziggy’s Pot will give out prizes every four weeks. Always on a Wednesday.
Remember: even if you don’t win a prize you always keep your deposit.
And — when you do finally decide to withdraw — you will walk away with more crypto than when you started thanks to the Moonpot interest that’s paid to you daily.
It’s what we like to call a win-win.
You’ve got to be in it to win it so remember to stake and play today.