PoolTogether 3.0
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v3.1.0
v3.1.0
  • ✨Introduction
  • 📡Networks
  • 🚰Resources
  • 💱Migrating from V2 to V3
  • Protocol
    • 🌐Overview
    • 🏆Prize Pools
      • ⚖️ Fairness
      • Compound Prize Pool
      • Stake Prize Pool
      • yVault Prize Pool
      • Custom Yield Sources
    • 💸Prize Strategies
      • 🤑Multiple Winners
    • 🎟️ Tokens
      • 🎟️ Ticket
      • 🎁Sponsorship
      • 👂Token Listener
    • 🎲Random Number Generator
      • Blockhash
      • Chainlink VRF
    • 🏴‍☠️ Loot Box
    • ⛽Gas Usage
  • Governance
    • 🏛️ Overview
  • Security
    • Risks
    • Audits & Testing
    • Bounties
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  • ✨ Introduction
  • Governance

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Introduction

NextNetworks

Last updated 4 years ago

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✨ Introduction

PoolTogether is a protocol for no-loss prize games on the Ethereum blockchain. The protocol:

1) Enables developers to build their own no-loss prize games 2) Offers governance-managed no-loss prize games

Prize games are pools of funds whose accrued interest is distributed as prizes. The concept is well-established and otherwise known as "" or "". All prize games created by the protocol share the same key characteristics:

  • No loss of deposited funds

  • Ability to withdraw at any time

  • Fair prize distribution according to a prize strategy

Prize games can be differentiated in the following ways:

  • The yield source the prize pool uses to generate no loss return

  • The prize strategy used to determine frequency and distribution of prizes

  • The additional rewards offered by the prize pool

  • The asset type the prize pool accepts for deposits

  • The fairness parameters

Governance

The PoolTogether Protocol governance serves two primary functions.

  • Governing the prize pool creation tools

  • Governing a sub-set of prize pools

The protocol governed prize pools appear on the official . Governance is currently the core PoolTogether team, but very soon governance control will be distributed amongst protocol stakeholders.

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PoolTogether App
no loss lotteries
prize savings accounts
PoolTogether Brand