What Is PoolTogether?
To begin, we should make clear the distinctions between the different areas of "PoolTogether", some of which may confuse new users.
PoolTogether Governance: A governance system for governing the PoolTogether Protocol, enabled by the POOL token.
The PoolTogether Protocol: A set of smart contracts that form a prize savings liquidity network.
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.
PoolTogether Inc: The company which developed the PoolTogether protocol, along with the web interface.
The PoolTogether Protocol
PoolTogether promotes financial security by making it fun to save.
- 🏦 Users deposit into the network
- 📈 Yield accrues on deposits
- 🏆 The yield is randomly awarded as prizes to the users.
The protocol turns your interest into fun prizes! You never lose your principal, and have a chance to win big.