Pancakeswap Pottery (BETA) is indefinitely halted. Please referherefor more details
The PancakeSwap
Pottery
To be won !
Deposit CAKE for10 Weeks
to earn
APR
And a chance towin prize pot!
Current Prize Pot
$0
Stake to get your tickets NOW

Pottery

Stake CAKE, Earn CAKE, Win CAKE
YourDeposit
0
~0 USD
APR
NaN%
Total Value Locked
0 CAKE
Max. deposit cap
0 CAKE
Finished Rounds

Round

Please specify Round
How to Play
Deposit CAKE to get your Pottery tickets. More CAKE deposited, higher the chance of winning (and of course, higher the rewards)!
Simple!
Step 1
Deposit CAKE
Deposit CAKE on the monthly subscription date -- first Monday of each Month. Your chance of winning depends on how many CAKE you deposit compared to the total pool. Your CAKE deposit will be locked for 10 weeks. There will be a monthly TVL cap in the beta product stage.
Step 2
Wait for the Draw
A portion of the staking rewards from the CAKE deposited will fill the prize pot and there will be one weekly draw. There will be eight (8) winners each week. Check your chance of winning, add more CAKE on the monthly subscription date to increase your odds!
Step 3
Claim & Withdrawal
You can claim any winnings that you may have once the weekly draw is completed. Your CAKE can be withdrawn after 10 weeks but they won't be providing any winning odds anymore.

Split Breakdown

The staking rewards of funds

Prize Pool (80%)

  • 80% of staking rewards from the funds deposited

Rewards (20%)

  • 20% of the staking rewards from the funds deposited

Fees (8%)

  • 8% of the prize pot distributed each week will be charged as fees
pottery-prize-chart
Prize Pool
73.6%
Rewards
20%
Fees
6.4%
Since the rewards from lock-staking are only distributed at the end of the duration, the prize pool to be distributed in each of the 10 weeks upon deposit is borrowed from the CAKE treasury based on the estimated APR. The rewards at the end of the duration from the deposit will be used to repay the treasury and to distribute the 20% staking rewards. Because the APR may change over the duration based on other deposits and their lock-periods in the lock CAKE pool, there may be a small deviance from the above percentages specified (+/- 10%). But, ultimately all staking rewards net of the Pottery fees will be returned to depositors through prize pool or rewards -- the expected value is the same.

FAQ

How is odds calculated?
All CAKE deposits will be locked for the same duration, the odds of your address winning the prize pool is simply proportional to your CAKE deposit over the total CAKE deposit of the whole Pottery. Each week, eight (8) addresses are drawn randomly based on their odds. Simply put, if user A deposited 1 CAKE, user B deposited 2 CAKE, then user B's odds of winning is twice of user A's.
Is there any risk associated with depositing and playing Pottery?
You will be locking your CAKE deposit for 10 weeks and you will not be able to withdraw early in any circumstances. Your principal (i.e. your deposit) will be returned to your 100% after 10 weeks. Only the staking rewards of your deposit will be used to fill and operate the Pottery. Simply put, you're only risking the staking rewards of your deposit.
Where can I learn more about this new Pottery format?
Please feel free to reach out to us onTelegramorDiscordif you're still unsure about the format! Please also let us know if you have any feedback for us to improve this further.