PoolTogether is a decentralized and open source protocol for Prize-Linked Savings, or else: a savings account with super powers. It is controlled by the community of POOL token holders. The protocol is:
Provably fair
Prize draws at PoolTogether are transparent: anyone can confirm who won, when, and why.
Globally accessible
The protocol empowers everyone to save. It offers a level playing field where every user enjoys the same conditions.
Fully non-custodial
No one but you has access to your deposited funds. PoolTogether is non-custodial, meaning users can redeem their money from the pool at any time.
Open-source & secure
The protocol is made up of computer software: smart contracts living on the blockchain. The code is open-source for everyone to verify and validate. On top of that PoolTogether undergoes regular audits.
Decentralized
PoolTogether is user-owned and user-driven. Control over the protocol rests in the hands of the community holding the POOL token. Find out more about governance
To begin, there are some clear distinctions between the different areas of PoolTogether, some of which may confuse new Poolers:
<aside> 🏆 The PoolTogether Protocol: A set of non-custodial smart contracts that form a prize savings liquidity network. The protocol is controlled by the POOL token
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<aside> 🏆 PoolTogether Governance: A governance system for governing the PoolTogether Protocol, enabled by the POOL token.
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<aside> 🏆 The PoolTogether Interface: A web interface that allows for easy interaction with the PoolTogether protocol. The interface is only one of many ways one may interact with the PoolTogether protocol. The web interface is open source and freely usable by anyone.
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<aside> 🏆 PoolTogether Inc: The company which developed the PoolTogether protocol, along with the web interface.
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This workspace aims to inform the PoolTogether community & the token holders that govern the PoolTogether protocol.