Considering that Wealth Duplex doubles loot from every regular monster, does it actually work exactly like loot prey 1 and you have to be the person who deals the most damage on the creature selected- otherwise it will not be activated or it will be activated if I just hit the monster?
As replied by Skerio:
In a party, does the player with the wealth duplex buff need to be the highest damage dealer on a monster in order for the bonus loot to take effect?
To my knowledge, yes, as the potion behaves just like other additional loot mechanics (e.g. loot prey).
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