PoolTogetherUnlock 5x Prizes on PoolTogether's Miniapp
Introducing: The Prize Boost FeatureWinning on World Chain just leveled up. Verified users can now multiply their PoolTogether prizes by 5x, turning small wins into massive ones. Today, we’re rolling out an exciting new feature that allows verified users to multiply their prize winnings on World by 5x! This prize boost is designed to reward users who complete World ID verification, creating a more engaging and rewarding experience for the PoolTogether community.How It WorksWorld ID Verificati...
PoolTogetherBridging POOL with Across
The POOL token lives on multiple chains. While you can bridge your tokens using the native bridges of Optimism and Polygon, it takes a lot of time until you can finally withdraw your tokens on the desired chain. Thanks to Across, Poolers can now travel across chains for a fraction of the time and costs! With the recently added support for the POOL token, you can easily bridge POOL tokens between Ethereum, Polygon, and Optimism within minutes. Disclaimer*: You don’t need POOL in order to use P...
PoolTogetherThe PoolTogether Mini App is Live on World
New chain. New app. Good old prize savings. The PoolTogether Mini App is live in the World App store. All verified humans can now save WLD to win prizes!About PoolTogetherPoolTogether is a no-loss prize savings protocol designed to help people build better saving habits in a fun way. The fully decentralized and autonomous protocol allows anyone to win prizes without risking their principal. That means even if you don’t win, you keep all your money. Here’s how it works:Users pool their WLD tog...
The No Loss Prize Savings Protocol. Save & Win. 🏆 Interfaces: pooltogether.com/interfaces Discord: pooltogether.com/discord
PoolTogetherUnlock 5x Prizes on PoolTogether's Miniapp
Introducing: The Prize Boost FeatureWinning on World Chain just leveled up. Verified users can now multiply their PoolTogether prizes by 5x, turning small wins into massive ones. Today, we’re rolling out an exciting new feature that allows verified users to multiply their prize winnings on World by 5x! This prize boost is designed to reward users who complete World ID verification, creating a more engaging and rewarding experience for the PoolTogether community.How It WorksWorld ID Verificati...
PoolTogetherBridging POOL with Across
The POOL token lives on multiple chains. While you can bridge your tokens using the native bridges of Optimism and Polygon, it takes a lot of time until you can finally withdraw your tokens on the desired chain. Thanks to Across, Poolers can now travel across chains for a fraction of the time and costs! With the recently added support for the POOL token, you can easily bridge POOL tokens between Ethereum, Polygon, and Optimism within minutes. Disclaimer*: You don’t need POOL in order to use P...
PoolTogetherThe PoolTogether Mini App is Live on World
New chain. New app. Good old prize savings. The PoolTogether Mini App is live in the World App store. All verified humans can now save WLD to win prizes!About PoolTogetherPoolTogether is a no-loss prize savings protocol designed to help people build better saving habits in a fun way. The fully decentralized and autonomous protocol allows anyone to win prizes without risking their principal. That means even if you don’t win, you keep all your money. Here’s how it works:Users pool their WLD tog...
The No Loss Prize Savings Protocol. Save & Win. 🏆 Interfaces: pooltogether.com/interfaces Discord: pooltogether.com/discord
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This article explores the new PoolTogether V5, its benefits, how to use it, and how to get involved with growing the protocol.
https://opensea.io/assets/0x9f775588D77821055eF4ECF8d126a5fce0c57b56/1
PoolTogether V1 was launched in the midst of 2019’s crypto winter. Modeled after prize-linked savings, it was designed to help anyone grow their savings in a fun and engaging way.
The premise of prize savings is simple — It’s a savings account that offers the chance to win large prizes. Even if you don’t win, you always keep all your money. This is possible because the prizes are derived from the interest that accrues on deposits.
PoolTogether took this concept onchain and made it uniquely better. Powered by Ethereum, the protocol was able to make prize savings provably fair, globally accessible, and fully non-custodial. Since its launch and through four protocol versions, PoolTogether distributed over $10,000,000 to its users.
Version 5 takes it a step further. It marks the transition of the PoolTogether protocol into a permissionless prize-savings hyperstructure that is accessible to anyone and can run indefinitely, without the need for human intervention.
👉 Access PoolTogether V5 now: Cabana.fi // Pooltime.app
Users deposit into prize vaults
Vaults earn yield
Yield is sold for POOL which is added to the prize pool.
A daily draw determines the winners
Bots distribute prizes and keep the protocol running
Stay tuned for a technical deep-dive into PoolTogether’s architecture on this Mirror blog or find a link to the developer documentation at the bottom of this post.
Version 5 is a fundamental upgrade that massively improves the protocol in terms of decentralization, automation, and incentivization. Learn why:
The protocol is now permissionless. Anyone can launch their own Prize Vaults, backed by (almost) any ERC-4626 compatible yield source. Depending on which interface you are using you may see different vaults. At launch, Cabana’s default vault list will feature USDC, WETH, and DAI. These vaults use Aave v3 on Optimism as a yield source.
In PoolTogether V4 winners had to claim prizes before they expired after 60 days. With V5 you just deposit or swap in. If you win, your prizes are automatically sent to your wallet. No more claiming necessary.
No governance controls, no voting, no multi-sigs, no permissioned roles. PoolTogether V5 removes manual protocol governance and replaces it with automation powered by a series of incentivized auctions. Once deployed, the protocol code becomes immutable and cannot be changed.
The entire stack is open source (from the code to the brand) and Generation has created a suite of tools to support teams building on top of the protocol.
PoolTogether V5 creates new ways to interact with and profit from the protocol:
Create vaults for new assets (and optionally redirect a portion of the yield)
Profit by arbitraging yield that is being liquidated for POOL
Earn fees by claiming prizes for winners
Complete draw auctions
Everything you love about PoolTogether remains the same: It’s still a no loss prize savings protocol that allows you to win big and withdraw your deposit in full at any time.
In over 4 years of protocol history, no one has lost a pennie. No protocol fees, no exploits, no third-party incidents - zero funds have been lost, ever. Security is paramount for PoolTogether and its users. To ensure this will not change with Version 5, the new smart contracts have been audited three times by two separate security firms.
With Code4rena we ran two competitive audit contests with over 120 participants analyzing the contracts and contributing reports over a two-week period total. Find the reports here: Part 1 / Part 2
Macro Security dedicated three experts to a month-long private audit, analyzing the Prize Pool and TWAB Controller smart contracts. You can find their full audit report here: Audit Report
Additionally, we hosted a 6-week long private beta and have an ongoing bug bounty program.
With the release of V5, there are already two user interfaces you can pick from:
Cabana.fi (created & hosted by Generation Software, learn how to deposit)
Pooltime.app (created & hosted by the Pooltime team)
You will be able to find all verified user interfaces on pooltogether.com/interfaces from now on.
Or you go with no front end at all! PoolTogether V5 makes it possible to directly swap into prize tokens. That means there is no need to deposit through an app or to claim prizes. Just swap into a prize token and start winning. Check out Cabana Swaps to find the best swap.
Over time, we expect to see more applications and use cases emerging, making it easy to tap into the PoolTogether prize network and increasing accessibility for its users.
The good news doesn’t stop with today’s public launch. The coming weeks are packed with additional information and updates about the new protocol. To begin with, on Tuesday, October 24th at 3 pm UTC, we will host an AMA on the PoolTogether Discord. We hope to answer any outstanding questions you may have about PoolTogether V5. See you by the pool!
To get involved and stay up to date:
Join the PoolTogether Community Discord
Subscribe to the PoolTogether Blog
Dive into the Developer Documentation
Use PoolTogether V5 via app.cabana.fi or pooltime.app
Celebrate the launch of PoolTogether V5 by minting the first in a series of commemorative NFTs. This Open Edition mint starts today and will be available for 30 days. Be on the lookout for more in this series soon.
https://opensea.io/assets/0x9f775588D77821055eF4ECF8d126a5fce0c57b56/1
Disclaimer: The PoolTogether protocol is non-custodial and autonomous, be sure to understand the risks of using decentralized finance software before using the protocol.
This article explores the new PoolTogether V5, its benefits, how to use it, and how to get involved with growing the protocol.
https://opensea.io/assets/0x9f775588D77821055eF4ECF8d126a5fce0c57b56/1
PoolTogether V1 was launched in the midst of 2019’s crypto winter. Modeled after prize-linked savings, it was designed to help anyone grow their savings in a fun and engaging way.
The premise of prize savings is simple — It’s a savings account that offers the chance to win large prizes. Even if you don’t win, you always keep all your money. This is possible because the prizes are derived from the interest that accrues on deposits.
PoolTogether took this concept onchain and made it uniquely better. Powered by Ethereum, the protocol was able to make prize savings provably fair, globally accessible, and fully non-custodial. Since its launch and through four protocol versions, PoolTogether distributed over $10,000,000 to its users.
Version 5 takes it a step further. It marks the transition of the PoolTogether protocol into a permissionless prize-savings hyperstructure that is accessible to anyone and can run indefinitely, without the need for human intervention.
👉 Access PoolTogether V5 now: Cabana.fi // Pooltime.app
Users deposit into prize vaults
Vaults earn yield
Yield is sold for POOL which is added to the prize pool.
A daily draw determines the winners
Bots distribute prizes and keep the protocol running
Stay tuned for a technical deep-dive into PoolTogether’s architecture on this Mirror blog or find a link to the developer documentation at the bottom of this post.
Version 5 is a fundamental upgrade that massively improves the protocol in terms of decentralization, automation, and incentivization. Learn why:
The protocol is now permissionless. Anyone can launch their own Prize Vaults, backed by (almost) any ERC-4626 compatible yield source. Depending on which interface you are using you may see different vaults. At launch, Cabana’s default vault list will feature USDC, WETH, and DAI. These vaults use Aave v3 on Optimism as a yield source.
In PoolTogether V4 winners had to claim prizes before they expired after 60 days. With V5 you just deposit or swap in. If you win, your prizes are automatically sent to your wallet. No more claiming necessary.
No governance controls, no voting, no multi-sigs, no permissioned roles. PoolTogether V5 removes manual protocol governance and replaces it with automation powered by a series of incentivized auctions. Once deployed, the protocol code becomes immutable and cannot be changed.
The entire stack is open source (from the code to the brand) and Generation has created a suite of tools to support teams building on top of the protocol.
PoolTogether V5 creates new ways to interact with and profit from the protocol:
Create vaults for new assets (and optionally redirect a portion of the yield)
Profit by arbitraging yield that is being liquidated for POOL
Earn fees by claiming prizes for winners
Complete draw auctions
Everything you love about PoolTogether remains the same: It’s still a no loss prize savings protocol that allows you to win big and withdraw your deposit in full at any time.
In over 4 years of protocol history, no one has lost a pennie. No protocol fees, no exploits, no third-party incidents - zero funds have been lost, ever. Security is paramount for PoolTogether and its users. To ensure this will not change with Version 5, the new smart contracts have been audited three times by two separate security firms.
With Code4rena we ran two competitive audit contests with over 120 participants analyzing the contracts and contributing reports over a two-week period total. Find the reports here: Part 1 / Part 2
Macro Security dedicated three experts to a month-long private audit, analyzing the Prize Pool and TWAB Controller smart contracts. You can find their full audit report here: Audit Report
Additionally, we hosted a 6-week long private beta and have an ongoing bug bounty program.
With the release of V5, there are already two user interfaces you can pick from:
Cabana.fi (created & hosted by Generation Software, learn how to deposit)
Pooltime.app (created & hosted by the Pooltime team)
You will be able to find all verified user interfaces on pooltogether.com/interfaces from now on.
Or you go with no front end at all! PoolTogether V5 makes it possible to directly swap into prize tokens. That means there is no need to deposit through an app or to claim prizes. Just swap into a prize token and start winning. Check out Cabana Swaps to find the best swap.
Over time, we expect to see more applications and use cases emerging, making it easy to tap into the PoolTogether prize network and increasing accessibility for its users.
The good news doesn’t stop with today’s public launch. The coming weeks are packed with additional information and updates about the new protocol. To begin with, on Tuesday, October 24th at 3 pm UTC, we will host an AMA on the PoolTogether Discord. We hope to answer any outstanding questions you may have about PoolTogether V5. See you by the pool!
To get involved and stay up to date:
Join the PoolTogether Community Discord
Subscribe to the PoolTogether Blog
Dive into the Developer Documentation
Use PoolTogether V5 via app.cabana.fi or pooltime.app
Celebrate the launch of PoolTogether V5 by minting the first in a series of commemorative NFTs. This Open Edition mint starts today and will be available for 30 days. Be on the lookout for more in this series soon.
https://opensea.io/assets/0x9f775588D77821055eF4ECF8d126a5fce0c57b56/1
Disclaimer: The PoolTogether protocol is non-custodial and autonomous, be sure to understand the risks of using decentralized finance software before using the protocol.
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