PoolTogether

Total Users

Rewards

Volume: 1%
$346
Contract Balance: $2,210,990
Category: - No data available.
Blockchain: Avalanche
Language: - No data available.

Official links

Website

Social media

News

Coinbase to Introduce Trade at Settlement Option for XRP Futures.

Coinbase is set to launch a new Trade at Settlement feature for XRP futures on May 1, aimed at attracting institutional investors and improving liquidity.

Katerina Papadopoulou

13 minutes ago

XRP Ledger Enhances Institutional Adoption with ZK Proof Technology

XRPL Commons announced the addition of zero-knowledge proof technology to the XRP Ledger, enhancing onchain privacy for institutional adoption.

Maya Lundqvist

13 minutes ago

Google's Eighth-Generation TPU Chips Set to Enhance Performance

Google introduces eighth-generation TPU chips expected to deliver double the performance, enhancing processing power and competitive edge.

Leo van der Veen

21 minutes ago

What is PoolTogether?

PoolTogether is a decentralized and open source blockchain protocol for prize-linked savings.

Replicating "prize-linked savings accounts" all depositors are offered a chance to win prizes without needing to risk their deposited funds. This is possible because prizes are made up of the interest that accrues on all deposited funds.

Users deposit into the network

Yield accrues on all deposits

The yield is randomly awarded as prizes to the users.

The PoolTogether protocol has been live for over 3 years and distributed over $5 million in prizes to depositors. The luckiest winner so far deposited $74 and won over $40,000. PoolTogether is one of the first and most widely used decentralized finance applications. It helps people save money by giving them the chance to win prizes.