✨Introduction

✨ Introduction

PoolTogether is a decentralized 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 "no loss lotteries" or "prize savings accounts". 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 is governed by the POOL token. Read more here