Starting tomorrow, Stacker News is running a new rewards experiment called Million Sat Madness.
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How Million Sat Madness Works
Stacker News is giving away millions of sats to the top 64 SN contributors in March. One stacker is guaranteed a grand prize of 1 million sats + bonuses, and the rest of the top 64 are guaranteed a percentage share of another 2 million sats + bonuses.
The bonuses are funds that would otherwise be sent to the daily rewards pool. Instead of being paid each day, they will be added to the Million Sat Madness bonus pool and be paid at the end of March on top of the 3 million guaranteed sats.
To be clear, Million Sat Madness is a replacement (not a complement) to daily rewards this month.
The bonus pool is paid proportionally to your guaranteed sats, so the more you earn from guaranteed sats, the more youโll earn from the bonus pool.
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How To Participate in Million Sat Madness
Everyone on SN can participate simply by creating and zapping great content. Tomorrow morning, the rewards page will display a leaderboard (updated hourly) of stackers in position to earn rewards as part of Million Sat Madness.
An "estimated rewards" number will also be added to the leaderboard to give stackers a better idea of the rewards for each one of the top 64 positions.
Just like with all our past rewards experiments, Million Sat Madness rewards people who bring value to Stacker News. That means:
- creating great posts and comments
- zapping great posts and comments
The rewards algorithm Stacker News uses is still the same, the only difference is that your score accumulates over the entire month of March instead of resetting each day.
This also means you donโt have to be active every single day to earn rewards, however your score is cumulative so frequent participation on Stacker News is a better strategy.
If you prefer to hide your username from the Million Sat Madness leaderboard, you can toggle your profile's visibility in your settings.
If you have any questions, leave them below.
Yeehaw! ๐ค