# The State of PoolTogether By [PoolTogether](https://paragraph.com/@pooltogether-2) ยท 2025-02-20 --- PoolTogether has evolved considerably over the past year; so it's time to bring everyone up-to-speed on the state of the protocol! The Protocol ============ PoolTogether V5 launched in mid-2024 and is now on six chains, with several more on the way. **The protocol is fully autonomous** * there are no admin controls * the protocol cannot be upgraded **However, the protocol is permissionless:** anyone can add new assets by adding new vaults to the existing deployments. In this way, the protocol can continue to evolve. Create vaults with the Cabana toolsuite: [ Cabana ------ Welcome to Cabana, a suite of open source interfaces and tools for the PoolTogether Hyperstructure. https://cabana.fi ![](https://storage.googleapis.com/papyrus_images/232dda52f3788a7476a55134ffb64747333c9c8e7629120311f9cfa91e2b71a8.png) ](https://cabana.fi/tools) **POOL Utility** The POOL token can now be staked for a chance to win! The chance is funded by capturing a portion of the prize yield. Staking can be done on any chain that PoolTogether is deployed to. See the POOL Prize Vault on Ethereum here: [ Cabana App ---------- Browse, deposit into and withdraw from any number of PoolTogether vaults. https://app.cabana.fi ![](https://storage.googleapis.com/papyrus_images/232dda52f3788a7476a55134ffb64747333c9c8e7629120311f9cfa91e2b71a8.png) ](https://app.cabana.fi/vault/1/0x9eE31E845fF1358Bf6B1F914d3918c6223c75573) Permissionless Incentives ------------------------- We are about to launch permissionless incentives, which will allow us to distribute POOL to all current and future vaults on a chain. No longer will we need governance proposals to incentivize new vaults; vaults will be eligible simply by contributing to the prize pool. Permissionless is the way! Set it and forget it. Bridging POOL with Across ------------------------- Across has made it easy to bridge POOL across networks; this has made the multi-chain expansion extremely smooth. Continued Expansion ------------------- We will continue to expand to new chains, thanks to having minimal dependencies. One of our key dependencies is the random number generation, for which we depend on our partner [Witnet](https://witnet.io/). They support our expansion by quickly launching on new chains, so we will never be at a loss for RNG. Our other dependency is yield, from which there are a number of great options. Aave and Morpho in particular are great blue-chip options, and they are available (or soon to be) on many chains. Interfaces ---------- There are now multiple interfaces to PoolTogether, including: * [PoolTime](https://www.pooltime.app/) * [Cabana](https://app.cabana.fi) * [Superform](https://www.superform.xyz/protocol/pooltogether/vaults/) * [Yearn](https://pooltogether.yearn.space/) Governance ========== Governance no longer controls the protocol, so its responsibilities have been reduced to treasury management. POOL holders vote on PoolTogether Budget Requests from contributing teams. View the PTBRs here: [ PT Budget Requests ------------------ The PoolTogether Budget Request process helps coordinate funding for teams, developers, and anyone else who wishes to contribute to the PoolTogether protocol. https://gov.pooltogether.com ](https://gov.pooltogether.com/c/governance/budget-requests/13) Treasury ======== The treasury currently holds: * $365k USD in WETH * $173k USDC (including $100k being delegated) * 2.9m POOL View the Treasury on Zapper Burn Rate & Runway ------------------ PoolTogether Budget Requests occur on a quarterly / bi-quarterly basis. The last set of PTBRs at the beginning of 2025 totaled ~$200k USD for six months of work. The protocol has another 16 months of runway at the current burn rate. Contributors ============ There are three major contributing teams to the protocol: * **PoolTime**: communications, community management, development, marketing, partnerships * **Watchman Labs**: business development, partnerships * **G9 Software Inc**: development, partnerships, grants These teams operate in a mix of full-time and part-time capacity. What's Next =========== We're going to: * Continue to launch PoolTogether on new chains (up next is World Chain!) * Kick off a long-term, permissionless POOL liquidity mining campaign that spans all chains and lasts for years Get Involved ============ There are many ways to get involved! * [Try PoolTogether](https://pooltogether.com/interfaces) * [Join the Discord](https://discord.gg/beFuPYvD) * [Check out the developer documentation](https://dev.pooltogether.com) * [Browse the governance forums](https://gov.pooltogether.com/) * [Vote on Tally](https://www.tally.xyz/gov/pooltogether) --- *Originally published on [PoolTogether](https://paragraph.com/@pooltogether-2/the-state-of-pooltogether)*