PoolTogether
The permissionless protocol for saving and winning.
PoolTogether is a decentralized, no-loss lottery protocol where participants deposit funds into a pool, and the interest generated from those funds is awarded as prizes. Unlike traditional lotteries, participants can withdraw their original deposit at any time, making it a no-loss game. It's built on Ethereum and leverages smart contracts for transparency and fairness.
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2019
English, etc
Website Key Features
No-Loss Lottery
Participants can win prizes without the risk of losing their initial deposit.
Decentralized
Operates on the Ethereum blockchain, ensuring transparency and fairness through smart contracts.
Multiple Pools
Offers various pools with different prize amounts and entry requirements.
Instant Withdrawals
Participants can withdraw their deposited funds at any time without penalty.
Community Governed
Governance decisions are made by the community through the POOL token.
Transparent
All transactions and prize distributions are recorded on the blockchain for full transparency.
Low Entry Barrier
Allows participation with relatively small amounts of cryptocurrency.
Interest-Based Prizes
Prizes are generated from the interest earned on the pooled funds, not from the participants' deposits.
Additional information
Token
Uses the POOL token for governance, allowing holders to vote on protocol changes and proposals.
Security
Regularly audited by third-party security firms to ensure the safety of funds and smart contracts.
Partnerships
Collaborates with various DeFi projects and platforms to enhance functionality and user experience.
Awards
Recognized in the blockchain and DeFi communities for innovation in no-loss savings and lottery mechanisms.
Future Plans
Plans to expand to other blockchains and introduce more features to increase participation and prize sizes.
HTTP headers
Security headers report is a very important part of user data protection. Learn more about http headers for pooltogether.com