PoolTogether Reviews and details

Social recommendations and mentions

• Smart Contract Security Field Guide

  First off, wanted to say thanks very much for posting this, primarily because I think it is an example that is straightforward and easy to understand. That said, I'm also thinking "if this is one of the best, straightforward examples people are talking about when referring to 'the value of smart contracts', then smart contracts are just nowhere near the important tech its boosters believe." (To be clear... - Source: Hacker News / 9 months ago

• PBS Crypto Decoded | NOVA (2023) [00:53:32]

  How about defend a prize-linked savings program from an individual that placed around $12 into the protocol before immediately filing a lawsuit? Source: about 1 year ago

• DEFI is not the place where you can increase your deposit

  Have you checked out PoolTogether. You earn yield in the form of prizes and if you deposit on optimism you also earn OP tokens. It’s like a DeFi savings account for USDC. Worth looking into if you haven’t already. Source: over 1 year ago

• Tell me about your DAO

  Pooltogether uses their token for governance but you absolutely do not need to have it to use the product or participate in anything. It’s strictly used for voting in governance. No blockers. Source: over 1 year ago

• Tell me about your DAO

  PoolTogether (a protocol that acts as a defi savings account where people win prizes instead of the usual low yield) is likely my favorite DAO to contribute to at the moment. There are other great ones as well to check out. Source: over 1 year ago

• Show HN: Web3 is not community-led, as much as they try to claim they are

  There's literally one project that I've seen being truly useful: https://pooltogether.com/ It's cool because it's not possible to do this without crypto (in terms of trust). But because it uses a smart contract you can be sure that when you put your money into it, it won't steal it. - Source: Hacker News / over 1 year ago

• 'Predatory gambling' has helped the lottery reach sky-high jackpot, critics say

  We could easily incentivize no-loss lotteries like https://pooltogether.com/ I wonder how that affects problem gamblers? If there's no opportunity to actually lose anything do problem gamblers choose other options? Source: over 1 year ago

• Favourite 1-100 Million M/Cap Sleepers?

  POOL - PoolTogether Https://pooltogether.com/ Open source pooled savings account/lottery with twice weekly draws. Source: over 1 year ago

• Why blockchain legacy randomness is not reliable...

  As a conclusion and to show concrete example, PoolTogether , no-loss lottery on Ethereum, implements VRF to provide warranty to theirs users about the random character of their app. - Source: dev.to / over 1 year ago

• If this is true…

  Fair and equal access to everyone in the world regardless of your country, skin color, religion, gender or political thoughts. Immutable storage of data. Easy international payments. Cheap, decentralized VPNs. POAPs. No-loss lotteries. Source: over 1 year ago

• Daily General Discussion - August 26, 2022 (GMT+0)

  If you are looking for something to do with your USDC and low risk, check out PoolTogether. Source: over 1 year ago

• Hostage situation today in a bank in Lebanon. The hostage taker was denied his withdrawal request for the $210,000 he had deposited in the bank, eventually he surrendered to the police, he needed money for his fathers surgery. Your money in the bank is not really yours.

  Absolutely not true. Pool Together Protocol is currently being sued by Elizabeth Warrens former staffer Joseph Kent. This is an entirely politically motived anti-crypto lawsuit. Pool Together is a no loser lottery not some scam. Instead of writing nonsense about consumer protection that Warren has spewed you can educate yourself. ... Source: over 1 year ago

• WTF Are… Crypto Index Funds?

  💡 Pair with DeFi yield-generating projects to create a crypto version of the traditional bonds and stocks portfolio (could use: Total Crypto Market Cap Token (TCAP) and PoolTogether). Source: over 1 year ago

• State lotteries transfer wealth out of needy communities

  > what the solution is No loss lottery run by local bank or credit union would be a good start. https://freakonomics.com/podcast/is-america-ready-for-a-no-lose-lottery-update https://pooltogether.com. - Source: Hacker News / almost 2 years ago

• Question for anyone with 6 figures in yotta

  If you do defi crypto there's this https://pooltogether.com/. Source: almost 2 years ago

• About to pull the trigger and set up an account. Any newbie advice is welcomed

  Pooltogether.com is fun, I've made a few bucks using it. https://m.youtube.com/watch?v=9Nm7YY2-uyM. Source: almost 2 years ago

• Web3 is just expensive P2P

  It's essentially supposed to mean the full maturation of P2P solutions that can rival the centralized web. A modern decentralized web, with finance included. There are plenty of things still missing which make it not mature enough to do so, which are too numerous and esoteric to name. But one example would be "account abstraction" (https://eips.ethereum.org/EIPS/eip-4337) which I believe would enable communities... - Source: Hacker News / almost 2 years ago

• Moon lottery... hear me out.

  I like the idea. It reminds me of https://pooltogether.com/. But an issue could be gas fees (i.e. The cost of moving your 1 MOON into the lottery pool). Source: about 2 years ago

• DAOs solved with Kleros

  Consider some difficulties that almost any DAO encounters, using PoolTogether (https://pooltogether.com/) as an example. Source: about 2 years ago

• Dogecoin Prize-Linked Staking

  We're using the same type of protocols as pooltogether.com and yieldly.finance. This isn't new. If users are concerned about staking Dogecoin they also have the option to stake $Park token and get the exact same benefits. Source: about 2 years ago

• Russian Invasion of Ukraine Monday Discussion

  A cool project illustrating this is Pool Together a lossless lottery. You don't spend anything, but for providing liquidity you are entered to win. https://pooltogether.com/. Source: about 2 years ago