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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PoolTogether V5 launched on October 18th as the foundation for globally accessible prize savings. This version isn’t just a version, but is the PoolTogether Hyperstructure: an immutable, autonomous protocol for global prize savings.
We have spent over four years iterating on prize savings protocols, and have learned a tremendous amount in the process. Through repeated experiments, by ourselves and others, we now recognize the qualities of a foundational protocol.
The PoolTogether Hyperstructure
PoolTogether V5 is:
Simple. Users just hold prize tokens to receive prizes; there is no need to claim prizes manually. The only action a user needs to do is to hold!
Autonomous. There is no more governance; there are no manual parameters in the core protocol. Scaling across L2s and other chains will be a snap.
Immutable. The core protocol is immutable. Users can trust the rules of the system to never change, and other protocols can build on the system with confidence.
Incentivized. Key mechanisms of the system are incentivized and public, so that anyone may drive the protocol forward.
Permissionless. Anyone can extend the protocol with new assets and yield sources.
Philosophically, the new design much more closely resembles blockchains themselves. We are building the Ethereum of prize savings. The core prize rules are immutable, but everything around it can be customized. Some examples:
Create new Vaults for new assets or yield sources
Create Vaults that contribute a portion of prizes (or all of them!) to public goods
Create Vaults that split prizes among depositors
Use prize hooks to redirect prizes to random NFT holders
Use prize hooks to automatically exchange prizes for any token
These are just a few ways that the protocol can be customized!
The POOL Token
While governance control of the protocol has been eliminated, the POOL token still plays a crucial role in the hyperstructure. The POOL token serves as the unified prize asset. This is critical as a means to:
unlock scalability. All yield is consolidated to POOL, so we can integrate any number of assets or yield sources: contributions are normalized and comparable so we can disburse chance proportionally without the use of an oracle.
create deep prize liquidity. Having prizes in a single token allows us to have the largest prizes possible and create network effects.
align stakeholders. POOL token holders want a strong protocol and deep liquidity, just like the users.
value the network. There is a finite supply of POOL, so long-term holders can speculate on the future value of the network.
The POOL token still controls the protocol treasury, however. Token holders will continue to disburse funds from the treasury, like a foundation.
New Tokenomics
The hyperstructure leaves a lot of room for different sustainable incentive structures to be built around the protocol. The beauty of this design is that as volume and TVL increases the protocol becomes more and more efficient.
There are many ways to get involved! You can enjoy the protocol or go deeper and become a part of the community. The PoolTogether protocol is now actively maintained by many different teams, so there is always room for new contributors.
Read about the technical details
Join the Conversation in Discord
Welcome to the infinite prize machine!
Mint “By the Pool”
Celebrate the launch of PoolTogether V5 by minting the second 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/0x9f775588D77821055eF4ECF8d126a5fce0c57b56/2
PoolTogether V5 launched on October 18th as the foundation for globally accessible prize savings. This version isn’t just a version, but is the PoolTogether Hyperstructure: an immutable, autonomous protocol for global prize savings.
We have spent over four years iterating on prize savings protocols, and have learned a tremendous amount in the process. Through repeated experiments, by ourselves and others, we now recognize the qualities of a foundational protocol.
The PoolTogether Hyperstructure
PoolTogether V5 is:
Simple. Users just hold prize tokens to receive prizes; there is no need to claim prizes manually. The only action a user needs to do is to hold!
Autonomous. There is no more governance; there are no manual parameters in the core protocol. Scaling across L2s and other chains will be a snap.
Immutable. The core protocol is immutable. Users can trust the rules of the system to never change, and other protocols can build on the system with confidence.
Incentivized. Key mechanisms of the system are incentivized and public, so that anyone may drive the protocol forward.
Permissionless. Anyone can extend the protocol with new assets and yield sources.
Philosophically, the new design much more closely resembles blockchains themselves. We are building the Ethereum of prize savings. The core prize rules are immutable, but everything around it can be customized. Some examples:
Create new Vaults for new assets or yield sources
Create Vaults that contribute a portion of prizes (or all of them!) to public goods
Create Vaults that split prizes among depositors
Use prize hooks to redirect prizes to random NFT holders
Use prize hooks to automatically exchange prizes for any token
These are just a few ways that the protocol can be customized!
The POOL Token
While governance control of the protocol has been eliminated, the POOL token still plays a crucial role in the hyperstructure. The POOL token serves as the unified prize asset. This is critical as a means to:
unlock scalability. All yield is consolidated to POOL, so we can integrate any number of assets or yield sources: contributions are normalized and comparable so we can disburse chance proportionally without the use of an oracle.
create deep prize liquidity. Having prizes in a single token allows us to have the largest prizes possible and create network effects.
align stakeholders. POOL token holders want a strong protocol and deep liquidity, just like the users.
value the network. There is a finite supply of POOL, so long-term holders can speculate on the future value of the network.
The POOL token still controls the protocol treasury, however. Token holders will continue to disburse funds from the treasury, like a foundation.
New Tokenomics
The hyperstructure leaves a lot of room for different sustainable incentive structures to be built around the protocol. The beauty of this design is that as volume and TVL increases the protocol becomes more and more efficient.
There are many ways to get involved! You can enjoy the protocol or go deeper and become a part of the community. The PoolTogether protocol is now actively maintained by many different teams, so there is always room for new contributors.
Read about the technical details
Join the Conversation in Discord
Welcome to the infinite prize machine!
Mint “By the Pool”
Celebrate the launch of PoolTogether V5 by minting the second 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/0x9f775588D77821055eF4ECF8d126a5fce0c57b56/2
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