Saving money is boring and nobody likes it. It’s time to change that for good. PoolTogether is now live on Arbitrum!
The first wave of prize vaults is now available, powered by Aave yield. You can deposit USDC, USDT, and WETH for a daily chance to win. Early depositors can enjoy boosted rewards, with 2 ETH injected into the prize pool over 30 days to grow the prizes for everyone.
Get started: pooltogether.com/interfaces
What is PoolTogether?
PoolTogether is a protocol for prize savings that enables anyone to win prizes by saving crypto. It transforms the idea of traditional savings accounts into a fun, prize-driven experience.
Since its inception in 2019, PoolTogether has helped tens of thousands of users save their crypto and win over $12 million in prizes across four protocol versions.
Getting Started
Saving with PoolTogether is simple:
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Pick a frontend on pooltogether.com/interfaces.
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Browse the available prize vaults.
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Deposit for a chance to win.
As long as you have a deposit, you are eligible to win. This is made possible through the power of prize savings: Prizes are derived from yield that accrues on all deposits in the PoolTogether prize machine, making it effectively no loss. This also means, you can withdraw your full initial at any time, even if you don’t win.
Prizes grow as more people deposit into the protocol, making it more compelling to save on PoolTogether.
Start saving now: Cabana | Pooltime
Frequently Asked Questions
Are there incentives?
Yes! Early depositors benefit from boosted prizes. Over the first 30 days, 2 ETH is added to the prize pool, increasing daily prizes and boosting the grand prize.
How does winning work?
Anyone with a deposit has a daily chance to win. Your odds are based on the yield your deposit generates for the prize machine. The more you deposit, the better your chances.
How do prizes work?
Prizes are distributed in WETH and divided into different tiers, which vary in size and frequency. These tiers automatically adapt to the yield accrued by all deposits. More yield translates to more prizes and more prize tiers. This means prizes range from many small daily prizes to a 3-month-average grand prize that could be life-changing.
Do I need to check if I won?
No, all prizes are automatically distributed through daily draws. If you win, the prize is dropped into your wallet.
Is there an official PoolTogether app?
PoolTogether is a decentralized protocol. There is no “official” app. Access to the protocol is provided through the interfaces listed on pooltogether.com/interfaces.
I want to save other assets. Will there be more vaults?
PoolTogether is permissionless, allowing anyone to deploy new prize vaults through the prize vault factory. Additionally, we are collaborating with projects in the Arbitrum ecosystem to introduce more prize vaults in the coming weeks. Watch out for announcements, reach out, or straight deploy your own.
I have a deposit in a previous version. How can I find it?
You can use the migration app on migrate.cabana.fi to withdraw or migrate any old deposits.
Is PoolTogether secure?
The protocol is non-custodial, autonomous, and immutable. All code is open-source, and security audits by Code4rena and Macro Security are available here. Additionally, the community runs a bug bounty program with Immunefi. Despite these robust measures, it is important to be aware of and understand the inherent risks associated with decentralized finance.
Dive Into Prize Savings
Join the PoolTogether community on their mission of growing prizes for all.
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Browse the documentation to learn more
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Learn about extending the protocol on the Builders Portal
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Subscribe to the PoolTogether Mirror Blog for future updates
See you by the pool! 🏊
Disclaimer: The PoolTogether protocol is non-custodial and autonomous. Please be sure to understand the risks of using decentralized finance software before using the protocol.