# The State of PoolTogether

**Published by:** [PoolTogether](https://paragraph.com/@pooltogether/)
**Published on:** 2025-02-20
**URL:** https://paragraph.com/@pooltogether/the-state-of-pooltogether

## Content

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 ProtocolPoolTogether V5 launched in mid-2024 and is now on six chains, with several more on the way. The protocol is fully autonomousthere are no admin controlsthe protocol cannot be upgradedHowever, 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: 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: https://app.cabana.fi/vault/1/0x9eE31E845fF1358Bf6B1F914d3918c6223c75573Permissionless IncentivesWe 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 AcrossAcross has made it easy to bridge POOL across networks; this has made the multi-chain expansion extremely smooth.Continued ExpansionWe 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. 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.InterfacesThere are now multiple interfaces to PoolTogether, including:PoolTimeCabanaSuperformYearnGovernanceGovernance 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: https://gov.pooltogether.com/c/governance/budget-requests/13TreasuryThe treasury currently holds:$365k USD in WETH$173k USDC (including $100k being delegated)2.9m POOLView the Treasury on Zapper https://zapper.xyz/account/0x42cd8312d2bce04277dd5161832460e95b24262eBurn Rate & RunwayPoolTogether 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.ContributorsThere are three major contributing teams to the protocol:PoolTime: communications, community management, development, marketing, partnershipsWatchman Labs: business development, partnershipsG9 Software Inc: development, partnerships, grantsThese teams operate in a mix of full-time and part-time capacity.What's NextWe'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 yearsGet InvolvedThere are many ways to get involved!Try PoolTogetherJoin the DiscordCheck out the developer documentationBrowse the governance forumsVote on Tally

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