The world's savings protocol, run by you.

App: https://app.pooltogether.com
Join our community: https://pooltogether.com/discord

Building Wells by staking ETH

When you’re reading this you probably have access to clean tap water. More than 2 billion people [don’t](https://www.who.int/teams/environment-climate-change-and-health/water-sanitation-and-health/monitoring-and-evidence/wash-monitoring).

Crypto isn’t just digital currency - it’s a tool to change the world. It can unlock more than just *financial* *freedom*. But with a multitude of causes seeking for help - each of them worth supporting - there is only so much you can do with your personal resources before they run out.

What if you could make change without actually spending your money?

## Everyone wins

[stETH.win](https://steth.win/) is a PoolTogether pool that allows you to save money, win prizes and support public goods at the same time.

This works by turning the daily stETH yield into weekly prizes. Public goods are a winner by default as 50% of the prize pool goes to charity every week.

By depositing Lido’s staked ETH token you become eligible to participate and win in future prize draws. The best part: you can just withdraw your stETH in full whenever you need it back.

## 1 stETH = 1 Well

After being live for 20 weeks we’re now partnering with The Giving Block to support WaterAid’s [Crypto Water Fund](https://www.wateraid.org/us/donate-crypto-water-fund-wagmi).

WaterAid is an international organization that works to improve access to clean water, sanitation, and hygiene in some of the world's poorest communities. The Giving Block helps to bridge from protocol layer to real world impact.

Our goal: Amass 1 ETH to **fund the creation of one well**. Through the weekly prize split all depositors are directly contributing to unlock access to water for the people that need it.

<https://twitter.com/wateraidamerica/status/1640075654661120001>

Every week’s yield is donated to WaterAid America using a smart contract that [unwraps and swaps](https://etherscan.io/tx/0x8cbc46f3ed8fa9b7e5c38c8ccedc320a00cdda8275c375645ea702b9ef1e06f9) the prize to ETH. This is a completely permissionless process as anyone can call the donation function and beneficiary address can’t be changed until the donation has been executed.

Draw 21 was the first prize draw contributing to the new goal. Thanks to the x in the app, checking on the status is now super easy. We already make it 7% of the way:

![Quick math: 1 stETH = 1 ETH = 1 Well](https://images.mirror-media.xyz/publication-images/7BQGW8Ykpu2178GP5C1k9.png?height=264&width=2000)

Based on the current TVL it will take 14 weeks until we can say **well funded**. Help us to get there sooner!

**👉 [Deposit now](https://steth.win/) to help us fund our first well**

## Tap in 🚰

* Dive into the [User Documentation](https://docs.steth.win/)

* Join the PoolTogether community [on Discord](https://pooltogether.com/discord)

* Learn more about [WaterAid’s Crypto Water Fund](https://www.wateraid.org/us/donate-crypto-water-fund-wagmi)

<subscribe://>



DeFi for all through better UX

PoolTogether is a global savings account with superpowers. It’s one of the most widely used DeFi protocols with a very unique premise. Have a chance to win without losing your money

With its combination of simplicity and utility, the protocol has become the front door to Decentralized Finance.

PoolTogether’s [new look](https://medium.com/pooltogether/a-new-look-e2b6dfac9a93) and the [upgraded Prize Machine](https://medium.com/pooltogether/upgrading-the-prize-machine-18a277e3dd6a) have been bigger steps into the future of the protocol.

This article spotlights the small changes that contribute to making PoolTogether the simple, secure, and compelling on-ramp to DeFi it is today.

## Now live:

👛 Improved wallet connection via RainbowKit 
➕ Easy Onramping with Coinbase and Juno 
💱 Multi-currency support

## Improved Wallet Connection 👛

Decentralized Finance can be complicated. To use an app users often have to jump through a couple of hoops before they can do their first transaction. Everyone is expected to know what they’re doing, but the reality is often different.

Thanks to RainbowKit, you can now learn more about what a wallet is and how to get one in addition to simply connecting a wallet. No previous knowledge necessary!

Your most recently used wallet is always displayed at the top to make it extra easy.

<https://twitter.com/rainbowdotme/status/1620190792064339968>

## Easy Onramping ➕

So far the PoolTogether app helped to swap or bridge any existing assets you have. But what if you don’t own any crypto yet?

By clicking on [Get Tokens](https://app.pooltogether.com/?get_tokens_tab=buy), you can now get USDC and ETH directly into your self-custody wallet via Coinbase and Juno!

![](https://images.mirror-media.xyz/publication-images/Hdydk3mNdzbf9TZtvuvFi.gif?height=729&width=1267)

## Multi-currency support 💱

Did you know that there are a whopping 180 currencies circulating that are recognized as legal tender? As a globally accessible protocol, PoolTogether’s users are from all around the world. Most of them are *non-native* to the US dollar. 👀

This is why 44 of these currencies are now featured in the PoolTogether app! You can choose your preferred currency in the settings:

![](https://images.mirror-media.xyz/publication-images/LGUZbtqCeXT0fPtEKEWor.gif?height=729&width=1267)

**👉 All features are live now on [app.pooltogether.com](http://app.pooltogether.com) 👈**

## What’s next?

The community is waiting for the first grand prize to award while guaranteed rewards for all depositors on Optimism are still ongoing until March 28th.

After that, it is time for the next PoolTogether with *more* assets, *more* yield sources, and *more* prizes. Expect *more* soon!

## Have questions or need help?

* [Join the PoolTogether community on Discord](https://pooltogether.com/discord)

* Or learn more about PoolTogether in the [User Documentation](https://docs.pooltogether.com/)

Subscribe to our Mirror to stay up to date 👇

<subscribe://>


---

The PoolTogether protocol is non-custodial and autonomous, be sure to understand [the risks of using decentralized finance software](https://docs.pooltogether.com/security/risks) before using the protocol.

Stake ETH, Save Money, Support Public Goods

# Everyone winneth with stETH.win

PoolTogether is good for everyone. Whether for a small fish or whale investor, prize-savings offer an edge over most other financial tools.

Prize-Savings Accounts are [proven](http://www.beniverson.org/papers/CIT_MaMa.pdf) to

* increase net savings

* encourage saving over gambling

* be more effective at increasing savings than high-interest returns

The PoolTogether protocol has taken this financial narrative to the next level. Due to the nature of the blockchain, the protocol makes prize-savings fully auditable, permissionless, non-custodial and provably fair.

But PoolTogether is not just *good for you* - it can also be used to *do good*. One of these examples is stETH.win!

## What’s stETH.win?

[stETH.win](https://steth.win) is a PoolTogether V3 pool that allows anyone to stake their ETH while everyone wins. But how? 🧐

The concept is simple:

* Stake ETH

* Save money

* Support public goods

…and have a chance of winning one of the weekly prizes! 🌊🏆

This is possible because Lido’s staked ETH increases in supply every 24 hours as yield accrues to Ethereum validators. This increase in supply turns into the weekly prize pool.

**The reason *everyone* is winning**: 50% of this prize pool is redirected [to charity](https://docs.steth.win/goodcause) every week! The other half is split between two random winners.

## Sponsorships for a good cause

![Watch the weekly prize growing 👀](https://images.mirror-media.xyz/publication-images/mW1jpc4NZul1QHtsIalYU.png?height=376&width=2090)

With the success of [PTIP-84](https://vote.pooltogether.com/proposals/61), both charity and depositors are now **winning extra big**.  PoolTogether is boosting the community pool with a 91.4 stETH sponsorship deposit. This deposit is not eligible to win **but contributes to the prize and to the good cause**.  Adding confidence, bigger prizes, and a mechanism for growth to the pool. 🎡

Thanks to the [Witnet Foundation](https://twitter.com/witnet_io/status/1613887491160809474) for also sponsoring the pool with 12.6 stETH as well as sponsoring the awarding of the pool which fetches the random number from their oracle network.

**Take a look now 👉 [stETH.win](https://steth.win)**

## Learn more

Any open questions? Have a look at the [User Documentation](https://docs.steth.win/) or ask the community of Poolers [on Discord](https://pooltogether.com/discord).

All code is open-source. [Check the GitHub](https://github.com/underethsea/ethwin-app) if you consider getting involved!


---

*The PoolTogether smart contracts are non-custodial and autonomous. Be sure to understand the risks of using decentralized finance software before using it.*

<subscribe://>



Upgrading The Prize Machine

PoolTogether is designed to help you to grow your savings in a fun and engaging way. It’s a financial tool that offers potentially outsized returns without the downsides of giving up custody or losing your underlying assets. This means providing prizes and [guaranteed rewards like $OP tokens](https://medium.com/pooltogether/optimism-rewards-extended-6c54c2c8e045) for depositing.

What’s your favorite memory of PoolTogether? For many it is still the $100,000+ prizes of V3! However, large prizes meant it was unlikely most people would win. Not winning leads to frustration.

PoolTogether V4 fixed this. The daily prizes create thousands of winners every week! Yet it created a different issue. These daily prizes are smaller ranging from $1 — $2,500 at most. People win — but the potential upside isn’t thrilling enough. It’s not life changing.

PoolTogether depositors generally want both — the chance for a life changing prize **and** consistent smaller rewards.

Now that is possible! 🏆

[With the passing of PTIP-83](https://snapshot.org/#/pooltogether.eth/proposal/0x18f45cccb83368995bd0cd8084e9b6b2b7027ea48cb5522f7e9d8563001e41a0) the prize machine is getting upgraded!

#### The protocol now supports small daily prizes, large infrequent prizes, and guaranteed rewards. 🤯

## Back to Life Changing Prizes

This is a fundamental upgrade to how the PoolTogether protocol delivers prizes and scales. **Initially, the large prize is $5,000 and is awarded every \~30 days.** This prize is the same across all networks (Ethereum, Polygon, Avalanche, and Optimism)

The remaining prizes are optimized for each network:

![](https://images.mirror-media.xyz/publication-images/QjtXsxnU1D1iBKEuPNsA3.webp?height=2250&width=4000)

* Ethereum has the largest prizes but lowest chances of winning

* Optimism & Avalanche have medium prizes

* Polygon has the smallest additional prizes but more frequent

* All networks offer a higher expected return than the yield source!

* Optimism $OP rewards continue until March 28th

You can see the details of the prize distribution here:

Want to see details on who won each day? Check out [PoolExplorer.win](https://poolexplorer.win)

## What’s next?

This is the first step in combining life changing prizes alongside daily rewards. As deposits increase, the headline prize will keep getting larger.

**So let’s pooltogether and change the world!**

## Ready to dive in?

* If you’re a Pooler already, [deposit more here](https://app.pooltogether.com/) 🏆

* If you still have any more questions,[ join our community on Discord](https://pooltogether.com/discord) 🏆

* If you want to stay up to date about PoolTogether, [follow us on Twitter](https://twitter.com/PoolTogether_) 🏆

The PoolTogether protocol is non-custodial and autonomous,[ be sure to understand the risks of using decentralized finance software](https://docs.pooltogether.com/security/risks) before using it.

Welcome to No Loss November

There’s absolutely no reason for **you** to be losing in November. Forget about looking at the charts, don’t go searching for yield. The PoolTogether community is here to make some lucky fish win extra! 

Just put your stables to work and deposit your USDC into PoolTogether on Optimism. And if you’re lucky, you could win $50,000 in boosted chances this month! 

### What is PoolTogether?

PoolTogether is a savings account with superpowers. 🦸 It gives everyone the chance to win thousands of prizes every day while being able to get their money back at any time. It’s a [decentralized protocol](https://medium.com/pooltogether/pooltogether-101-eaf9b1b759dc) you can use without needing to trust any person or company.

Fully immutable and non-custodial. That means no one has access to your funds but you. Forever.

### What is No Loss November? How can I participate?

During No Loss November, we are giving away a **$50,000 delegation boost** each week to one wallet that has increased their deposit during the previous week.

By depositing into PoolTogether this November, you…

* increase your savings in USDC

* increase your chances of winning prizes

* increase your share $OP token rewards

**and** are eligible to become one of the lucky fish taking home a 50k delegation!

All you have to do to participate in No Loss November is to increase your PoolTogether deposit on Optimism. That’s it - you’re in! 🌊🏆

### How does this work? What’s a delegation?

Delegation is a PoolTogether feature that allows anyone to share their chance of winning prizes with others.

That means if you get delegated $50,000 - you have the chance to win on PoolTogether as if you would have $50,000 deposited yourself. Learn about the full functionality of PoolTogether’s deposit delegator [here](https://docs.pooltogether.com/pooltogether/guides/deposit-delegator).

Why are we doing that? Because at PoolTogether, we like to see everyone win. No Loss all the way. Follow [Poolmanager.eth on Twitter](https://twitter.com/Poolmanagereth) for all updates about No Loss November.

### All set?

1. If you’re already a Pooler, [deposit more here](https://app.pooltogether.com/)

2. If you’re new to PoolTogether, [read the steps to deposit](https://docs.pooltogether.com/pooltogether/pooltogether-on-optimism)

3. If you want to dive deeper, [join our community on Discord](https://pooltogether.com/discord)

Don’t forget to subscribe:

<subscribe://>


---

The PoolTogether protocol is non-custodial and autonomous, [be sure to understand the risks of using decentralized finance software](https://docs.pooltogether.com/security/risks) before using it.

Optimism Rewards Extended 🔴✨

PoolTogether is the front door to decentralized finance on Optimism.

Since the protocol deployed in July of 2022, its proven to be one of the most popular apps on Optimism. Currently, there are over 23,000 unique depositors, and the protocol is

* [\#8 for total TVL on Optimism](https://defillama.com/chain/Optimism)

* [\#3 for total monthly active users](https://www.orbiter.finance/dataDetail?nav=Dapps)

* [\#2 for new monthly users](https://www.orbiter.finance/dataDetail?nav=Dapps)

## Why is that?

PoolTogether is a global savings account with superpowers. It's a DeFi protocol enabling **anyone** to become more wealthy by depositing to save funds while having the chance to win thousands of dollars in prizes every day. No hidden fees, no liquidations, and **no loss**.

As a protocol for prize savings, PoolTogether provides a secure base layer for beginners to explore decentralized finance while offering experienced users a stable backup plan at the same time. The protocol is good for everyone. After the reveal of PoolTogether's fresh app design, it's now time for another refresh:

## More Rewards for PoolTogether Depositors

**Today $OP rewards have been extended for all PoolTogether depositors on Optimism until March 28th, 2023 🌊🏆**🔴✨

This means in addition to the chance for prizes, all depositors will also be receiving OP tokens for their deposits. Currently, this equates to a roughly 4.25% APR in guaranteed rewards!

The rewards accrue in real-time and are claimable every Tuesday at 7 pm UTC in the [PoolTogether app](https://app.pooltogether.com/account).

![Deposit into PoolTogether here](https://images.mirror-media.xyz/publication-images/SWIKAmWIp3MObAvc0FQIe.png?height=428&width=1028)

New to Optimism and need help getting started? [Read how to make a deposit here](https://docs.pooltogether.com/pooltogether/pooltogether-on-optimism).

## Winning, together.

As PoolTogether grows, it gets better. PoolTogether’s true potential lies in the collective sum of many. Join us by the pool in our mission to grow prizes for everyone.

The next milestones ahead:

* More than 30,000 unique Optimism depositors

* More than $40 million in Optimism deposits

## Ready to dive into Rewards?

🏆 If you’re a Pooler already, [deposit more here](https://app.pooltogether.com)

🏆 If you still have any more questions,[ join our community on Discord](https://pooltogether.com/discord)

🏆 If you want to stay up to date about PoolTogether, [follow us on Twitter](https://twitter.com/PoolTogether_)


---

The PoolTogether protocol is non-custodial and autonomous,[ be sure to understand the risks of using decentralized finance software](https://docs.pooltogether.com/security/risks) before using it.

Bounties be Booming

Sup Poolers,

There is a lot to say about bounties, so this is an update in three parts:

1. **A Quick Recap**

2. **OPeration: Education Kick Off**

3. **Winners of the Hoodie Design Contest**

## A Quick Recap

Since its launch, the POOL Bounties Team has facilitated 12 successful bounties. One thing is clear: bounties managed to get **everyone** in!

We’ve seen an extremely broad spectrum of Poolers participate, and raked in incredible results: the Optimism integration, powerful memes, tons of positive engagement on social media, many ideas spinning off into their own projects, and so much more.

This community-first approach proved again that Poolers cover a variety of perspectives and combinations of skill sets, allowing our community to tap into unlimited options for growth.

We learned that the ability to get something done is strong. People often just need a little bit of **positive acknowledgment**, maybe a bit of **guidance**, or simply a reminder that **they don’t need any permission** to start something great.

The past months have shown it more than ever before: PoolTogether is **colorful**, **diverse**, and has the power to create **unseen intrinsic motivations**.

We have also learned that **one** team cannot handle the whole variety of possible bounties.

Each bounty has to be perfectly engineered and well articulated. Eventual roadblocks or obstacles have to be taken care of in advance.

We found out that it is hard to create clear processes that cover all these different aspects, both for participants and advocates. By trying to get work done, other work is created.

“OPeration: Education” was the last bounty issued by the Bounties Team. Thank you to everyone who was involved during the last few months of building collectively.

***But this doesn’t mean POOL Bounties is over.***

The end of one experiment is the start of a new one. From now on, teams will take ownership of the process. All teams at PoolTogether have the power to post bounties based on their needs and expertise.

Expect more bounties soon!

## OPeration: Education Kick Off

With OPeration Education, we are equipping ten community educators with the tools to host their own Optimism onboarding events.

PoolTogether is the best tool for onboarding people to DeFi. Not only that; the protocol is no loss, easy to understand, and simple to use - the community surrounding PoolTogether is also one of the most welcoming and wholesome in the whole ecosystem.

OPeration Education channels all that energy. This project doubles down on community-led events and the helping-to-help spirit.

We are working together with our educators to create great onboarding experiences that suit their audience. All educatooors on board! 🫡🛳️ 

Next, we will share a spotlight on our educators and some of the work in progress!

Two spots are still open. POOL Holders can [apply on Dework](https://app.dework.xyz/pooltogether?taskId=8baf626b-9793-4108-a460-3b8434970dbe).

## Winners of the Hoodie Design Contest

You wanted that POOL drip - you get that POOL drip!

After the PoolTogether community voted on their favorites, [Pedro](https://twitter.com/pedrovilelaeth) and Hassan took the Hoodie Design contest home!

![Design by Pedro ](https://images.mirror-media.xyz/publication-images/r8oKvNlI30mVoOitVSxsr.png?height=450&width=800)

![Design by Hassan](https://images.mirror-media.xyz/publication-images/fmbufS5bwMAeZnjrWAmlA.png?height=5351&width=10990)

Both of the designs can be ordered in the [PoolTogether Merch store](https://pooly.me/shop/) already.

As promised, we are giving away ten of these hoodies to voters & bounty participants. Congrats to the raffle winners: Andy Kaufman, Nahuel, Noxe, Hook, YoLo NoLo, Sir Pool Boy Odens, BRONDER, Livster, sanneh, and Max’! 🥳

## Diving deeper

* More updates? Join our [weekly Community Call](https://discord.com/events/629836507280048129/1039127188919820318)

* Do you like PoolTogether? Say something nice about us [on Twitter](https:

Making PoolTogether accessible to the masses with Coinbase

PoolTogether is the best way to save money. But getting started has been hard. It’s required downloading a wallet, storing private keys, and figuring out how to convert your money to tokens. Today, that’s all changing:

![](https://images.mirror-media.xyz/publication-images/equ6UsmCXZJjbQ1KWK9f-.png?height=1800&width=3200)

Saving with PoolTogether is now featured in the Coinbase app! Let’s have a look at what this means.

## Access to the Open Financial System

Coinbase is the largest cryptocurrency exchange worldwide, with more than 98 million users in 100 countries. It aims to be *the way* billions of people access the open financial system. One of Coinbase’s flagships is the mobile app, which is now the most popular way to access the Coinbase platform.

Just recently Coinbase made a big step by rolling out its dApp wallet and browser inside the Coinbase app (yes, the big one!). This update gives millions of new users access to Decentralized Finance tools like PoolTogether, Aave, and Compound.

## Why use the Coinbase app?

Core Features:

* Full self-custody

* No need to store your private keys

* Buy & sell assets with fiat

All in one app without friction. The Coinbase app makes using DeFi applications more effortless than ever before. Their integrated browser lets you explore and access web3 from within your Coinbase app while you have the option to directly buy and sell crypto with your bank account or credit card.

The update adds a dApp wallet that lives inside the Coinbase app but stores your funds at an on-chain wallet address. With this, Coinbase encourages its users to hold their funds in self-custody and makes it easy to send them between wallets.

The special twist — no need to manage your private keys. This is made possible by the [Multi-Party Computation (MPC) technology](https://blog.coinbase.com/threshold-digital-signatures-1d467054acd4), which helps you to secure your crypto by splitting up the key between Coinbase and you. In case you ever lose access to your device, Coinbase can still help you recover your funds!

**If you haven’t already, you can download the Coinbase app here:**[Apple](https://itunes.apple.com/us/app/coinbase-bitcoin-wallet/id886427730) ⎟[Android](https://play.google.com/store/apps/details?id=com.coinbase.android)

## Start saving with Coinbase & PoolTogether

PoolTogether is one of the first dApps featured within the new Coinbase app browser. Let’s look at the process of getting some USDC and depositing it into PoolTogether.

## Getting USDC on Coinbase

In order to use PoolTogether you need USDC (and a little bit of ETH for the transaction fees). Coinbase allows you to get both without additional fees and deposit directly into PoolTogether without even leaving the app.

1. Head to **Trade** at the bottom of your screen & select USDC

2. Enter the USDC amount, choose your payment method and tap on **Preview buy**

3. Validate your purchase and tap on **Buy now**

![](https://miro.medium.com/max/1400/0\*dZ14x_0T6VGsd0a4)

💡*Reminder: Apart from USDC you will need a bit of ETH to cover the transaction fees on the Ethereum network.*

## Activating your dApp Wallet & Transfering Assets

If you haven’t done it before, you’ll need to activate your dApp wallet in order to interact with DeFi applications. But no worries — that’s 2 clicks!

1. Open the **Browser** on the bottom menu of your screen

2. A pop-up will appear introducing the dApp browser

3. Select ‘**Continue**’, review the terms, and select ‘**Agree and get started**’

![Source: https://blog.coinbase.com/access-web3-with-the-coinbase-app-2b804c0aee8a](https://miro.medium.com/max/1400/1\*muHJWwpWY2nUoDFXaDU2dw.gif)

The next step is to fund your newly created dApp wallet with assets from your Coinbase account. Open the **Assets** page at the bottom menu of the app.

1. Click on the **wallets** tab at the top of the app and select your dApp wallet

2. Select **Add ETH**

3. Select **Transfer within Coinbase**

4. Enter the ETH a

Creating your own No Loss Fantasy Football league

Tired of losing money to your friends every season? A new PoolTogether use case just dropped to help you out! 

### Introducing: No Loss Fantasy Football

Originating from a collaboration between the Thales and PoolTogether communities comes a concept to change the world of fantasy sports forever.

Below is a step-by-step guide on how to create your own No Loss fantasy sports league. 👇

### What’s PoolTogether and why does it matter?

PoolTogether is a protocol for no loss prize savings. A crypto-based savings account with superpowers! Every dollar you save equals one ticket in a daily prize draw. So on top of just saving money, you have the chance to win prizes every day. The twist: even if you don’t win, you still keep your money. No Loss!

But how does that help your fantasy football league? Let me explain…

### TL;DR

A quick overview of what happens:

1. Create a Gnosis Safe

2. All players deposit into PoolTogether

3. The deposits are delegated to a dedicated multi-sig

4. Cup winners take home all prizes & rewards earned by the multi-sig

5. **No Loss** – at the end, everyone gets their entry fee back! 

Each of the steps is simple and doesn’t take more than 2 minutes. We’ll begin with setting up a multi-sig. 

### 1\. Create a Gnosis Safe

A Gnosis Safe will serve as your league’s treasury. Because of the extra low network fees and super fast transactions, all of this will happen on Optimism.

1. Collect the wallet addresses of all participants

2. Browse to [gnosis-safe.io/app/welcome ](https://gnosis-safe.io/app/welcome)and click on **Create a new Safe** 

3. All you have to do now is:

   1. Connect your wallet and make sure you are on the Optimism network

   2. Choose a name for your Safe (only members can see it)

   3. Add all wallets of your participants 

   4. Specify how many confirmations are required to execute a transaction

   5. Sign the transaction to create your Safe

Voilà, your league treasury was born! 

**Example:** In the case of our Thales & PoolTogether league we’ve used a 6/10 multi-sig that includes all 10 league participants. If you have no trust issues in your league you could set up a multi-sig as low as 2 of 3. 

### 2\. Deposit into PoolTogether

In your regular fantasy league, all entry fees make up the pot for the winners. Most likely you’d never see any of your money again… but this is where it gets interesting! Since PoolTogether is No Loss, everyone gets their entry fee back. It even goes a step further: all players keep custody over their own entry fees during the whole season!

To start the magic ask every participant to deposit their fee in form of USDC into PoolTogether on Optimism. The process is simple and takes less than a minute!

1. Enter the amount & hit review

2. Approve USDC tokens

3. Confirm the USDC deposit

Follow this link for a more detailed guide to share with everyone in your league:

[https://docs.pooltogether.com/pooltogether/pooltogether-on-optimism](https://docs.pooltogether.com/pooltogether/pooltogether-on-optimism)

### 3\. Delegate all Entry Fees to your League’s Safe

The next step is for all league members to delegate their entry fees to the newly created Safe using PoolTogether’s Deposit Delegator feature. 

**What is this delegation you are talking about? 
 **Delegating your deposit means you are making another wallet eligible to win on your behalf. You still remain in control of your funds and can withdraw at any time. Or to say it in other words: You’re keeping custody but sharing your chances to win a prize. This means all players actually keep their entry fee the whole time!

To delegate, just:

* Navigate to [tools.pooltogether.com/delegate](https://tools.pooltogether.com/delegate) 

* Create a new delegation

  * Enter the address of your league Safe as Delegatee

  * Fill in your entry fee as amount

  * The lock duration is optional! Locking the delegation means you can’t withdraw or change it for a set amount of days.

  * Queue the delegat

Phase 2: More Optimism Rewards

**Optimism allows for fast transactions with low fees, PoolTogether is the best onramp to DeFi and one of the most important tools to create personal wealth.**

Still not convinced? There are three good reasons to be optimistic about PoolTogether this summer:

1. Stable savings
2. A chance to win
3. Guaranteed rewards

# Looking back

Since the protocol launched on Optimism…

**Over 7,000 unique wallets have deposited**: That’s 10% of all USDC holders on the network!

**The total value locked in PoolTogether has grown to over $30m**: More than 8% of all USDC on Optimism are deposited in PoolTogether.

**Over $57,000+ in prizes have been claimed by 1910 poolers**: Incentivizing saving and creating better habits every day.

**No Loss**: No one has lost a cent!

# Increased Rewards 🔴_🔴

Phase 2 starts with the end of Phase 1 on Tuesday, August 23rd at 7 pm UTC.

To celebrate the achievements of the PoolTogether community and accommodate the growth in users, the protocol will increase the distributed rewards to **27,500 OP tokens per week**!

Rewards are accrued in real-time for all Optimism depositors and are claimable in weekly epochs (*every Tuesday*). You can track your rewards on your [account tab in the PoolTogether app](https://app.pooltogether.com/account).

# The Goal

We want to drive even more growth to Optimism.

After Phase 1 was structured into four weekly themes, we want to use Phase 2 to focus on what the PoolTogether protocol does best: **Bring your friends to DeFi**. This includes:

* The best ways to get started on Optimism
* How to safely navigate the ecosystem
* Becoming a part of the Optimistic Vision

More rewards will be unlocked once the protocol hits the milestone of **$40 million in TVL** and **12,500 unique depositors**.

# Growing PoolTogether – Together 🌊🏆

As PoolTogether grows, it gets better! More depositors equal more rewards and prizes. What does that mean? **The best version of PoolTogether needs you!**

![More depositors equal more rewards and prizes.](https://images.mirror-media.xyz/publication-images/616D64SJJRPeGdO-C6Bh3.png?height=720&width=1280)

The protocol can’t reach new milestones without the community. Join us in growing PoolTogether, increasing prizes, and making more people win. We want to hear from you, either on [Discord](https://pooltogether.com/discord), [Telegram](https://t.me/PoolTogetherTelegram), or [Twitter](https://twitter.com/PoolTogether_). Let’s enter the future of prize savings *together*.

With the recent growth and all new depositors, the protocol is in a spot where prizes can increase. Watch out for the upcoming prize update!

# Diving in

Want to get the most out of your savings? Deposit into PoolTogether on Optimism now for guaranteed rewards.

1. If you are ready to start saving, [deposit here.](https://app.pooltogether.com/deposit?network=optimism)
2. If you want to onboard the next users *with* us, [read this.](https://pooltogether.mirror.xyz/It-0p8DztDnr6l57nv3LjPb28rSexZ6Xr0oRo_3rYTI)
3. If you still have questions, [join the PoolTogether community on Discord](https://pooltogether.com/discord).

[subscribe://](subscribe://)

The PoolTogether Protocol is non-custodial and autonomous, be sure to [understand the risks of using decentralized finance software before using the protocol](https://docs.pooltogether.com/security/risks).

Winners Announcement: Optimism How Tos

Sup Poolers,

Once again we leveraged the power of [Dework](https://dework.xyz/) to come together around a shared cause: to make it easy to enter the Optimism ecosystem.

In PTB-10 creators had the chance to either submit videos or articles. The result is a ton of incredible submissions on both sides! Let’s have a look at our favorites:

### Videos

A detailed tutorial on bridging from Ethereum to Optimism with Across comes from Everything Blockchain:

[https://www.youtube.com/watch?v=DNikaoZw_rA](https://www.youtube.com/watch?v=DNikaoZw_rA)

Thumbs Up Finance compares the bridging options to find you the best deal:

[https://www.youtube.com/watch?v=aSNQXcM6Heg](https://www.youtube.com/watch?v=aSNQXcM6Heg)

Our one and only Hotmike shows you how to go from your Checking Account to Optimism via Juno.

[https://twitter.com/timncox/status/1550475502464503809](https://twitter.com/timncox/status/1550475502464503809)

Mon covers each step of the Optimism journey with a dedicated video in this article:

[https://mirror.xyz/0x5FF2C114bE212ed5DCaDF6148822dA8aD662b6b6/-tcX1DbbuDDiOvIxz7D4VHvQIRYpEDY2cKA3KbHn0Gs](https://mirror.xyz/0x5FF2C114bE212ed5DCaDF6148822dA8aD662b6b6/-tcX1DbbuDDiOvIxz7D4VHvQIRYpEDY2cKA3KbHn0Gs)

### Articles

Allanon isn’t just powerful on the memes! Look at this tutorial for using Juno to get USDC and deposit into PoolTogether:

[https://medium.com/@donedealdefi/deposit-usdc-into-pooltogether-on-optimism-to-win-prizes-more-38baceed614e](https://medium.com/@donedealdefi/deposit-usdc-into-pooltogether-on-optimism-to-win-prizes-more-38baceed614e)

sminempepe covers it all: from adding Optimism to your wallet, over using the Optimism bridge, to depositing into PoolTogether:

[https://sminempepe.medium.com/how-to-use-pooltogether-on-optimism-34deb3601cc9](https://sminempepe.medium.com/how-to-use-pooltogether-on-optimism-34deb3601cc9)

InsideTrader uses the Hop Bridge from Polygon to Optimism & shows you how to deposit into PoolTogether:

[https://www.publish0x.com/hodl-the-universe/poolers-become-optimistic-with-dollar-op-incentives-to-no-lo-xwywypp](https://www.publish0x.com/hodl-the-universe/poolers-become-optimistic-with-dollar-op-incentives-to-no-lo-xwywypp)

PoolTogether is global! A Turkish guide by Hitasyurek covers the different methods of on-ramping funds:

[https://hitasyurek.medium.com/optimsm-a%C4%9F%C4%B1na-fonlar%C4%B1m%C4%B1z%C4%B1-nas%C4%B1l-ta%C5%9F%C4%B1yabiliriz-ptc-ile-pasif-getiri-kazanal%C4%B1m-cd354904f15d](https://hitasyurek.medium.com/optimsm-a%C4%9F%C4%B1na-fonlar%C4%B1m%C4%B1z%C4%B1-nas%C4%B1l-ta%C5%9F%C4%B1yabiliriz-ptc-ile-pasif-getiri-kazanal%C4%B1m-cd354904f15d)

### Thanks, Poolers!

Congrats to our winners: Everything Blockchain, Thumbs Up Finance, Tim, Mon, Allanon, Sminempepe, Insidetrader & Histasyurek! 69 POOL will shortly be in each of your wallets.

Thanks to all participants for being a part of the PoolTogether community! Make sure to verify as a POOL Hodler with [Guild](https://guild.xyz/pooltogether) and join our #hodlers-hangout on Discord.

[subscribe://](subscribe://)

### Diving In

Come join us for OP Summer at the Pool and grow PoolTogether with us, together.

* [Join the PoolTogether community on Discord](https://pooltogether.com/discord)
* [Start saving & earn OP token rewards](https://app.pooltogether.com/deposit?network=optimism)
* [Bring your friends to Optimism](https://medium.com/pooltogether/the-best-way-to-get-your-friends-into-defi-f1cef2561241)

Bring Your Friends to Optimism

![](https://images.mirror-media.xyz/publication-images/cMv8uorS2185Bipq5-N9p.png?height=416&width=1384)

# Bring Your Friends to Optimism ✨

What if your friends could start earning rewards and winning prizes by **only creating a wallet**. 🤯

No linking bank accounts, credit cards, or onboarding hassles. All the benefits of DeFi, none of the annoyance.

It’s time to free your friends from centralized finance and bring DeFi to the masses.

It’s time to bring your friends to Optimism. 🔴__🔴

# How is this possible?

The PoolTogether protocol has a revolutionary ability — delegation.

Delegation works like magic. ✨

It enables any wallet to get all the benefits of depositing without needing to deposit. This happens by a wallet with a deposit delegating a portion of their deposit. Most importantly:

* The original wallet keeps full control of the deposit
* The wallet receiving the delegation gets the full benefit of the deposit

Right now on Optimism, that means \~8% APR & a chance to win hundreds of prizes everyday.

All the fun of DeFi with none of the pain. Here’s how to share it with your friends.

# 3 Steps to bring your friends

**Step 1: Get your friend’s wallet address**

To receive a delegation, all someone needs is a wallet address. Text your friend and ask them to download a wallet and [send you back their wallet address](https://miro.medium.com/max/600/1\*MAfySWE35xqcJ5Qlqqy22g.gif).

Make it easy for them by texting them a link to download a wallet like Rainbow: <https://rainbow.me/>

**Step 2: Delegate to your friend**

If you don’t already have a [PoolTogether deposit, make one](https://app.pooltogether.com/deposit?network=optimism).

Once you have a deposit you’ll use the delegation app to delegate to your friends wallet. That app is available here: <https://tools.pooltogether.com/>

Setting up a delegation is simple. You can delegate some or all of your deposits to as many wallets as you desire!

[https://youtu.be/r4qhaZnE4EM](https://youtu.be/r4qhaZnE4EM)

You can still withdraw at any time. To regain your chances of winning, reset the delegation to your own address.

### You can still withdraw at any time. To regain your chances of winning, reset the delegation to your own address.

**Step 3: Watch your friends fall in love with DeFi**

Your friend will instantly start earning rewards AND be eligible to check for prizes everyday.

Just tell your friend to go to <https://app.pooltogether.com/account> and connect their wallet. They will see the delegation, their chances to win, and their rewards accruing!

![](https://images.mirror-media.xyz/publication-images/BF0QBg2hCCyQh0AAHwFTf.png?height=1096&width=1400)

# What’s Next

PoolTogether is the on-ramp to the decentralized world. The delegation ability makes it easier than ever to get started.

Have questions or need help? [Join the Discord](https://pooltogether.com/discord).

# Dive Deeper

* Read our [Pooler’s Guide to Optimism](https://pooltogether.mirror.xyz/LYjoXuD4krG-1NY_hTJYMmdkNjxFd6wqvG7hTVzcXOs)
* Check out other [PoolTogether tools](https://tools.pooltogether.com/)
* Go crazy on the [Technical Documentation](https://dev.pooltogether.com/protocol/contracts/v4-twab-delegator/)

[The PoolTogether Protocol is non-custodial and autonomous, be sure to understand the risks of using decentralized finance software before using the protocol.](https://docs.pooltogether.com/security/risks)

More Prizes, More Winners, More Options!

As of today, all depositors have a better chance to win prizes. This is due to the 5th update to the prize distribution going live!

Prizes across the PoolTogether network grow! As deposits grow both the total amount of prizes and the dollars distributed grows with it!

![](https://images.mirror-media.xyz/publication-images/_-W_j4df1sY3jlSpT0lZF.png?height=899&width=1600)

### The new prize distribution

This new prize distribution:

* 🔼 Increase in total daily dollars distributed
* 🔼 Increase in unique prizes distributed (aka more winners each day!)

This prize distribution is also **chain optimized.** Different chains have different transaction fees and audiences so the prizes are tailored to make the most sense for each chain.

![](https://images.mirror-media.xyz/publication-images/-UpZ4bLzZvEv9aPAAyLVT.png?height=900&width=1600)

Need help deciding where you want to deposit? You can use the “Pooly Bot” on Discord to simulate expected returns on each chain for your exact deposit! [Join the Discord here](https://pooltogether.com/discord) and then [follow the directions here](https://docs.pooltogether.com/pooltogether/guides/setting-up-prize-notifications#prize-notifications-on-discord).

[You can use the Prize Calc](https://prizecalc.com/) site to calculate your expected prizes with a specific deposit size.

You can also **s**ee how prizes are being awarded across the whole network on [PoolExplorer.win](https://poolexplorer.win/)

### What’s next?

PoolTogether is all about prizes and the most important thing is to keep the prizes getting larger and more fun! **[If you have opinion on how you think prizes should be distributed, fill out this survey](https://docs.google.com/forms/d/e/1FAIpQLSeAXtCBSG9OpvesZU0RP-dbwr-m97ZS8AD7aAF9WxI434e7OQ/viewform?usp=sf_link).**

### Still have questions?

Great! The community has your back! [Join the Discord here](https://pooltogether.com/discord).

The PoolTogether Protocol is non-custodial and autonomous, be sure to understand [the risks of using decentralized finance software](https://docs.pooltogether.com/security/risks) before using the protocol.

Prize Notifications on PoolTogether

Sup nerds,

Welcome to the pool!

PoolTogether rewards you for saving, and we all know saving with PoolTogether is fun. Do you know what’s even better than that? *Winning* with PoolTogether. Let me show you how you never miss claiming your prizes:

With a deposit in PoolTogether you can either use the App to [check for prizes](https://app.pooltogether.com/prizes) ***or*** relax after opting in for prize notifications.

Prize Notifications track your PoolTogether deposits across networks and let you know when it’s time to claim a prize.

🏆 Track multiple wallets  
 🏆 Receive messages when you win prizes 
 🏆 Get surprised by feeling like a winner

### On Telegram

The [PoolTogether Wins Tracker](https://t.me/PTWinsTracker_bot) helps you to track your deposit by sending a message to your Telegram inbox when you win a prize on PoolTogether. It allows you to track up to 5 addresses and get notified 1 hour before you can claim your prize in the dApp.

Follow the link and send a message with /help for instructions.

![](https://images.mirror-media.xyz/publication-images/Ge6RP_1Dx3WrJ-W9MLm93.png?height=1082&width=1922)

### On Discord

To receive Prize Notificaitons on Discord you’ll need to

* Be a member of the PoolTogether Discord community (join [here](https://pooltogether.com/discord))
* Allow direct messages from server members in your Discord privacy settings
* Send a DM to [Pooly#0679](https://discord.com/users/932147757836292096/) with “pooly help”

Pooly lets you track up to 10 wallets and will chirp you a message once you win!

💡 *Be careful of scammers & impersonators when you turn on private messages. No one from PoolTogether will DM you and ask for funds or personal information.*

![](https://images.mirror-media.xyz/publication-images/_3YGgIyEzeFmJFXa7kNzO.png?height=1442&width=2562)

Special shoutout to [Max’](https://twitter.com/MaxenceA_) for building the telegram version and [underthesea](https://twitter.com/underethsea/) for building the Discord version of Prize Notifications. 👏

* Read more about [Prize Notifications](https://docs.pooltogether.com/pooltogether/guides/setting-up-prize-notifications)
* Find more useful tools on [tools.pooltogether.com](https://tools.pooltogether.com)
* Join our Community [on Discord](https://pooltogether.com/discord)

Subscribe to the PoolTogether Mirror for more updates and content like this.

Bridging into OP Rewards with Zapper ⚡️

Zapper V2 is live for everyone, and it’s better than ever. Why are we talking about Zapper? Because it makes using PoolTogether easy! But let’s start at the beginning:

### PoolTogether? Zapper?

Just as PoolTogether is your home for savings, making wealth creation accessible & fun — Zapper is exactly that but for Web3. It’s demystifying blockchain data and, by doing that, making it actionable and fun to use.

Sounds like a recipe for besties! 🧑‍🤝‍🧑

### What’s new with V2?

The Zapper as we all know it condensed almost all your blockchain activity into a simple dashboard. V2 does that too - but also way more than that. It effectively becomes the front page of Web3 by giving you dedicated overviews for NFTs, DAOs, DeFi protocols, and your personal or other people’s profiles. *Wild!*

Are you looking for something in Web3? Type it into Zapper’s search bar and see what comes out. 👀

These things alone make it *the* ultimate starting point for web3 and one of the go-to websites I share with beginners already. But there is more.

[https://twitter.com/zapper_fi/status/1550139023041216513](https://twitter.com/zapper_fi/status/1550139023041216513)

### How does Zapper improve the life of Poolers?

Zapper…

* gives you an overview of your tokens, like USDC, POOL & OP
* helps track your deposits in PoolTogether and other dApps across chains
* provides you with the best routes to Swap & Bridge

Don’t have your funds on Optimism yet? No problem. [Zapper’s bridge feature](https://zapper.fi/bridge) allows you to get them over to Optimism from 8 different networks in a few simple steps. You only have x token but need ETH or USDC? That’s no problem, too - the bridge supports cross-chain swaps!

### Bridging USDC to Optimism

Below we’ll look at bridging the USDC token from Polygon to Optimism. The process is about the same, no matter which networks you choose.

*Disclaimer: Transactions on Optimism require ETH! I’m bridging USDC here; make sure you get some ETH on Optimism first!*

To begin, head to the Bridge section that you’ll find on the left side of your screen.

**Step 1)** Select networks & tokens

**Step 2)** Enter the amount you want to send & hit confirm

**Step 3)** Click “Approve” and confirm the approval transaction in your wallet. This is the first of two required transactions and will allow Zapper to access your tokens.

**Step 4)** Now click “Confirm” and confirm the second transaction in your wallet. By doing that, you’ve initiated the bridge process and your funds are on their way!

**Step 5)** That’s it! Your funds should arrive on Optimism within less than two minutes. ⚡️

Watch the video below for a full walkthrough:

[https://www.youtube.com/watch?v=JHzL8WMsL-Y](https://www.youtube.com/watch?v=JHzL8WMsL-Y)

### And now?

Get rewarded for saving with PoolTogether on Optimism. **OP Token Rewards are live now.** [Deposit here](https://app.pooltogether.com/deposit?network=optimism) to be eligible.

![](https://images.mirror-media.xyz/publication-images/EsUICLhPbjBSSsYqfGaba.png?height=2000&width=5600)

* Learn more about [Optimism Rewards](https://medium.com/pooltogether/op-rewards-dd885181e76a)
* Find out [how to deposit](https://pooltogether.mirror.xyz/dLB1Vssj63fzuHfNvLhmbfwYLMKAJ-Fblkmhj_cfCXU)
* Join our community [on Discord](https://pooltogether.com/discord) if you have any questions!

3 simple Steps to Prize Savings on Optimism

Since its launch in 2019, PoolTogether’s premise remains strong but simple. PoolTogether is:

* A savings account on the blockchain
* The best way to introduce people to DeFi
* The best place to deposit your stablecoins

It's simple to understand, use & explain, with a real-world economic purpose.

![](https://images.mirror-media.xyz/publication-images/Tl5ShlcDPcK_mZOnZtGCe.png?height=1150&width=2164)

V4 alone has given out more than 250,000 prizes to over 186,000 individual winners. That’s more than 2.6m USDC distributed!

🏆 >186k individual winners
🏆 >250k prizes
🏆 >2.6m USDC distributed

Start saving with PoolTogether on Optimism in three steps today:

### Step 1: Enter the amount

First, make sure you are on the Optimism network. Enter the amount of USDC you want to deposit and click on **Review deposit**.

![Step: 1 Enter amount & hit review](https://images.mirror-media.xyz/publication-images/Eo8przGJsZkZ1v6qZOdpi.png?height=1800&width=3200)

### Step 2: Approve USDC tokens

To deposit into the Prize Pool, you need to allow the PoolTogether protocol to access the USDC tokens in your wallet. This happens through an approval transaction to the PoolTogether Prize Pool contracts.

Click on **Confirm approval** in the PoolTogether App and **confirm** the transaction in your wallet.

![Step 2: Approve USDC tokens](https://images.mirror-media.xyz/publication-images/z3H017yPMRV4blwrb02CH.png?height=1800&width=3200)

*The token approval does not make a deposit yet; it simply enables the protocol to use the tokens in your wallet. This is a one-time approval process per network.*

### Step 3: Deposit USDC

The "Deposit Confirmation" screen will automatically load after the approval transaction is completed. Click on **Confirm deposit** and **confirm** the deposit transaction in your wallet.

![Step 3: Deposit USDC](https://images.mirror-media.xyz/publication-images/Kk3v80HO2vIMSCSWpk9PA.png?height=1800&width=3200)

After the transaction has been submitted, you will be forwarded to the "Deposit submitted" screen. You are now eligible for all future draws.

![Good luck, Pooler! 🍀](https://images.mirror-media.xyz/publication-images/DX6G0GEIt1nwGYPq8d3Lh.png?height=1800&width=3200)

To reflect your PoolTogether deposit, you will receive the [PTaOptUSDC ticket token](https://optimistic.etherscan.io/token/0x62bb4fc73094c83b5e952c2180b23fa7054954c4).

## Checking for Prizes

Now that you have a deposit, you can check what prizes you won on the [Prizes](https://app.pooltogether.com/prizes) tab of the PoolTogether App. You have up to 60 days to claim a prize whenever you win. Good luck, Pooler! 🌊🏆

Follow [this link](/welcome/faq#prizes-and-winning) for information about prizes and winning.

## Action Steps

1. Deposit [here](https://app.pooltogether.com/deposit?network=optimism)
2. Join our [community on Discord](https://pooltogether.com/discord)
3. Follow [@PoolTogether_ on Twitter](https://twitter.com/PoolTogether_)
4. [Get involved](https://dao.pooltogether.com/how-to-contribute) in building the future of Prize Savings

### Helpful Resources

* [Getting ETH or USDC & ETH on Optimism](/pooltogether/pooltogether-on-optimism/getting-usdc-and-eth-on-optimism)
* [A Pooler's Guide to Optimism](https://mirror.xyz/0x7437Ba619ab8bb0eb124B987647A27c95A9cc00F/LYjoXuD4krG-1NY_hTJYMmdkNjxFd6wqvG7hTVzcXOs)
* [PoolTogether User Documentation](https://docs.pooltogether.com/)

A Pooler’s Guide to Optimism

## Summer Time = Pool Season

The long-anticipated Layer 2 summer is finally here and with it, PoolTogether is coming to Optimism!

This guide covers everything you need to start your career as a true Optimism nerd. Get ready to become optimistic about your savings.

![Meme by thumbsup.lens](https://images.mirror-media.xyz/publication-images/q_rDYAlt1pPdKfl_jsmi-.png?height=526&width=800)

## What’s Optimism

Optimism is a Layer-2 scaling solution that derives its’s name from its underlying technology, the Optimistic Rollup.

The Ethereum mainnet (*Layer 1*) has natural capacity limitations. As the number of people using Ethereum is steadily growing, the costs of using the network are increasing. Since NFTs started to hit mainstream, you can regularly experience the network slowing down when there was hype around a public mint.

All of this created an obvious need for scaling solutions - and this is where Optimism comes in.

Optimism allows for cheap, quick transactions while maintaining the primary security of the Ethereum network. Here is a TL;DR of its core features:

* **High Speed:** Optimism is both fast to use and, at the same time, speeds up transactions on the Ethereum blockchain.
* **Low Fees:** Optimism is rolling up many single transactions into batches to reduce the fees paid by users.
* **Secure:** Optimism profits from the high level of security provided by Ethereum to keep its roll-ups safe.
* **Simple:** Optimism is designed to be easy to use and simplify Ethereum.

The numbers speak for themselves:

![Source: https://dune.com/optimismpbc/Optimism](https://images.mirror-media.xyz/publication-images/SIh0D4HfQ8KkiyXjdeTsO.png?height=336&width=2994)

So what sounds awfully technical at first turns out to be **one of the most beginner-friendly ways to use DeFi today**.

### Ethereum Scaling

There are many approaches to [scaling Ethereum](https://ethereum.org/en/developers/docs/scaling/): Sidechains (such as Polygon or Gnosis), Plasma, Validium, Layer-2s... All of them are important and have their rationale for existence. To describe it in the words of the Ethereum Foundation: “The whole is greater than the sum of its parts”.

![Source: https://ethereum.org/en/developers/docs/scaling/](https://images.mirror-media.xyz/publication-images/3msYEf6Rsls6mr_iGfB27.png?height=734&width=1406)

Overall the goal of all Ethereum scaling solutions is to increase transaction speed & throughput without decreasing decentralization or security.

### What’s a Rollup?

A Rollup is a Layer 2 Scaling Solution with the *Optimistic Rollup* being the most popular. Despite the similarity in the name, Optimism isn’t the only Optimistic Rollup - Arbitrum and Booba are other notable L2s using this technology.

In simple words, an “Optimistic Rollup is basically just a fancy way of describing a blockchain that piggy-backs off of the security of another "parent" blockchain.” Specifically, Optimistic Rollups take advantage of their parent chain's consensus mechanism (like PoW or PoS) instead of providing their own. In Optimism's case, this is Ethereum.”

![Meme forked from https://medium.com/ethereum-optimism/all-gas-no-brakes-8b0f32afd466](https://images.mirror-media.xyz/publication-images/xasrrruj3yk8CqMXSwrH9.png?height=501&width=871)

It does this by batching (*rolling up*) multiple Ethereum transactions into one, moving them off-chain, and once those have settled, returning a receipt to the Ethereum mainnet. This process reduces the cost per individual by the number of transactions batched into one.

Optimism is ultimately designed as an extension to Ethereum. It exists so that Ethereum can succeed - so it’s built to resemble it as closely as possible.

### Quick History Lesson

Let’s have a quick look into some of Optimism’s milestones until today:

The team around Optimism started out as Plasma Group and was [first introduced](https://medium.com/plasma-group/deployplasma-dd1cf0b2ab55) to the public in January 2019. Plasma Group was a non

Optimistic Memes - Announcing the Winners

Poolers, Nerds, Meme Lords & general Optimists,

L2 summer has started and it’s officially pool season. PoolTogether is coming to Optimism! 🔴_🔴

To test the shared waters we asked the community to seize the memes of production with just another POOL Bounty.

![](https://images.mirror-media.xyz/publication-images/lcndwhUAtfPrwIUEUAE2d.jpeg?height=686&width=1200)

> *What genes are to our evolution, memes are to our culture.*

… and the culture fit is *real*:

* [Optimism](https://www.optimism.io/) pledges to uphold the values of Ethereum by producing infrastructure that promotes the growth and sustainability of public goods.
* [PoolTogether](https://app.pooltogether.com/) is the world’s savings protocol, run by its users and thriving to become the underlying infrastructure for savings globally.

## To the winners! 🏆

Poolers are optimists by nature already - but once again we were so impressed by the participation that we decided to reward even more winners!

**Plan:** 6 winners picked by Community Voting
**Reality:** 10 winners picked by Community Voting!

The heart of PoolTogether are its people. Thanks to every single participant and to everyone who took the time to vote for their favorite submissions!

**Congrats to the winners:** Sabotage (2 winning submissions), DenicioDelToro, oscar_wilde, Allanon, AidenBlvd, davidbridgeman (2 winning submissions), T_, and muramasa!

### Check out the winning submissions 👇

![🥇 Meme by Sabotage](https://images.mirror-media.xyz/publication-images/-WBf8l_xKuH0wqHgr7BMn.png?height=661&width=584)

![🥈 Meme by DenicioDelToro](https://images.mirror-media.xyz/publication-images/1fDfI2tU8pUj8WjTmhMqt.png?height=771&width=512)

![🥉 Meme by Sabotage](https://images.mirror-media.xyz/publication-images/yy-YE2zuPuDX5C7EdAxtM.png?height=571&width=437)

![Meme by oscar_wilde](https://images.mirror-media.xyz/publication-images/aSWJiZb4wMDMXYlgBoBnV.png?height=632&width=870)

![Meme by Allanon](https://images.mirror-media.xyz/publication-images/tjy0-OeFFje3VdXbmCUKp.png?height=1096&width=1913)

![Meme by AidenBlvd](https://images.mirror-media.xyz/publication-images/TgJz49TCotFR5NmyOKo9J.png?height=526&width=526)

![Meme by davidbridgeman](https://images.mirror-media.xyz/publication-images/NDxa8Gm29v92KQbmTsV18.png?height=699&width=1226)

![Meme by T_](https://images.mirror-media.xyz/publication-images/FVA5pAp7C1m53ZllXPTWL.png?height=526&width=776)

![Meme by davidbridgeman](https://images.mirror-media.xyz/publication-images/AQUHnITObzi5Du_lXKSjC.png?height=2074&width=2074)

![Meme by muramasa](https://images.mirror-media.xyz/publication-images/kKjGaEcgMZmjNdRjMT2uR.png?height=702&width=528)

[PoolTogether](https://docs.pooltogether.com/) is OP, [Optimism](https://www.optimism.io/about) is OP, Memes are OP. You can find all submissions in the [#memes](https://discord.com/channels/629836507280048129/778304292623745055)-channel on the PoolTogether Discord server.

Let’s have an optimistic summer together and don’t let your memes be dreams. 🌊🏆

## What’s next?

* [Join us](https://pooltogether.com/discord) on Discord if you haven’t yet.
* [Attend](https://discord.com/channels/629836507280048129/852375781204033567) our PoolTogether events
* [Follow PoolTogether](https://twitter.com/PoolTogether_) on Twitter
* [Apply for bounties](https://app.dework.xyz/pooltogether/pool-bounties) on Dework or [suggest bounties](https://pooltogether.canny.io/bounty-ideas) on Canny
* Watch out for the Pooler’s Guide to Optimism

How I started using PoolTogether with my card within about 5 minutes

How to use PoolTogether when you’ve never used Web3 or crypto before?

Are you new to crypto? Or just don’t want to deal with Metamask… Maybe you just don’t know how to swap a token? In this article, I want to give you a tour of my journey using PoolTogether like a newbie.

### Everything started because a Contest

PoolTogether on Twitter shared this twitte about a contest to win a nice delegation of 10,000$ for a week and it was interesting for me because I noticed a low participation rate which mean more chance to win (BTW I won two times)

[https://twitter.com/WalletOrange/status/1511259992095006721](https://twitter.com/WalletOrange/status/1511259992095006721)

[https://twitter.com/WalletOrange/status/1511259995622440963](https://twitter.com/WalletOrange/status/1511259995622440963)

Delegation means you're giving another wallet additional chances to win prizes without losing custody of the underlying deposit. Orange wallet shares their odds with others but keeps the funds.

As you can see in order to participate we had to use PoolTogether with at least 10$ for this contest, Also I wanted to know if I can suggest using Orange wallet to a friend that doesn’t want to get into crypto because he knows that he could lose his money if he does something wrong or just fail in a scam.

So I started Orange Wallet and I did try to buy $USDC in APP using my card.
After pressing “Buy Token with Bank Cards” they simply asked me which token I want and for which chain using which FIAT.

![](https://images.mirror-media.xyz/publication-images/J1bBtkC6rJYLy3Ikyqtfd.png?height=1048&width=1456&&&size=medium)

After that, I had to choose the one ramp FIAT option which I took Moonpay.
After feeling my Card details they asked me to verify my email and I received the $USDC Token in my wallet within 2 minutes

### Ho snap! I don’t have $MATIC to deposit in PoolTogether

Now I realize that I don’t have $MATIC to pay the fee for the Deposit in PoolTogether but… Orange wallet was smart and provide a FAUCET to get free $MATIC

Finally, I used the Dapp tab and deposited it into PoolTogether V4.

![](https://images.mirror-media.xyz/publication-images/kvY9SLN1pFaQ-6hJAFuNf.png?height=1048&width=1456&&&size=medium)

### But what if I want to get this wallet on my PC or just in any other place?

You can export your wallet secret phrase and Mnenomic easy in the settings :

![](https://images.mirror-media.xyz/publication-images/Adc4GWBTBLcBNbhwFpa5M.png?height=2436&width=1125)

If you have any questions about Orange wallet you can contact them on [Discord](https://discord.com/invite/CdVcXz6RtV)

Do you want to contribute yourself or need some help using PoolTogether? Get in touch with us on our [Discord](https://pooltogether.com/discord)!

PoolStreaks Season IV

Let’s go Poolers - PoolStreaks Season IV is here!

### What's PoolStreaks?

PoolStreaks is a community-led game on the [PoolTogether Discord](https://pooltogether.com/discord), open to all POOL token holders.

### How does it work?

The game is simple: Predict the outcome of the daily PoolTogether draw!

Every day when the PoolTogether draw-timer hits 00:00:00, Gamemaster DaBoom will post a new question in [#Pool Streaks](https://discord.com/channels/629836507280048129/936367866037555310/968504109672038460).

🏆 **Grand Prize:** The first player to get six questions right without missing one wins a weeklong delegation of 9,000 PTaUSDC.

![The winner gets a weeklong delegation of 9,000 PTaUSDC!](https://images.mirror-media.xyz/publication-images/3CPRUeql7-_7RmoBlQoV6.png?height=1260&width=2240)

### New in Season 4

Be sure to claim your POAP if you participated in Season 3! At the end of this season, all POAPS enter the Bonus Raffle to win one of three possible prizes!

🏅 **A Pooly NFT** or one you don't already have \*(only available to the winner of this season)  
 🥈 **A Trophy NFT** or one you don't already have besides Pooly \*(only available to the winner of the mini-game)  
 🥉 **3 uGMI** & **A Streak of 1 for Season 5** *(available to all players that didn’t win)*

![Prizes of the PoolStreaks Doubler-Raffle](https://images.mirror-media.xyz/publication-images/fkVbtTdLK9oG_25cs0gfw.png?height=1260&width=2240)

There may or may not be a secret mini-game floating around within Season IV. If there is, and you figure it out, a weeklong delegation of 3,000 PTaUSDC is yours. Keep your eyes peeled for the oddities, as those could be clues! 🏆 👀

*Note: From now on, Season POAPs are only issued to players who answered at least three questions.*

### Rules

* Once the question is closed, all answers are recorded. Late responses will not count.
* Players are only allowed to choose one answer.
* If you do not like a question, you can skip it without hurting your streak.
* Once a player has an active streak of 4, that player wins a Free Life

### What’s a Free Life?

* A Free Life is automatically used in case of an incorrect answer (cannot bank FLs).
* If a player chooses, they can delegate a ‘Free Life’ to another player, even if they already have one.
* After using a Free Life, it is no longer available until that player earns a new streak of 4.

### What happens in the event of a tie?

In the event of a tie, the players tied at 6 (or 7 if you’re wild) can either share the delegation (4,500 each for one week) or push the winning number by one until one winner emerges.

* Each time the winning number is pushed, the players will again have the option to share before the next question is announced.
* If the tying players cannot agree upon a decision, a poll will be held for the other players to vote on what to do.

*Note: Pushing the winning number by one does not bring the rest of the players who did not tie back into the game. Only the tying players remain eligible to win once there is a tie (at 6 or 7).*

**Good Luck, Streakers! Welcome to Season IV! 🌊🏆**

RabbitHole x PoolTogether: A Partnership Grows

![](https://images.mirror-media.xyz/publication-images/5LitwTdu6WYkROT65SxCk.png?height=1500&width=3000)

**PoolTogether was one of the first series of Quests available on RabbitHole, providing an incentive for new users to explore PoolTogether, deposit funds, and experience their first no-loss prize draws on the platform. Quests and other initiatives on RabbitHole have driven over 5,000 users to deposit on PoolTogether Celo and over 6,000 to deposit on PoolTogether Polygon.**

RabbitHole’s partnerships typically involve receiving tokens in exchange for facilitating quests to drive new engagement. Many of these tokens, like POOL, convey governance rights. This year a new working group has formed to take responsibility for exercising RabbitHole’s voting power. We call this metagovernance — the process of a decision-making group in one DAO forming a conclusion and executing a vote in the governance of another.

## Protocol Specialists: The Role That Brings It All Together

Our governance participation is led by an elected contributor known as a Protocol Specialist, and happily I was selected for the role with PoolTogether. I was drawn to this project for its alignment with my other web3 interests, all of which revolve around bringing in new users and helping them discover the vast new array of opportunities made possible by blockchain technology and cryptocurrencies.

You might have seen my name popping up in governance forum discussions and in the #governance channel on Discord. Behind the scenes of these comments is a comprehensive process to consult the RabbitHole community, present a summary of the decision, costs, benefits and risks, and ultimately make a recommendation. Votes are executed based on the result of a two-stage poll - one for the general community and one for the metagovernance pod.

Being a good Protocol Specialist requires building up a strong understanding of the project - I’m catching up on PoolTogether Discord conversations and forum discussions most days - then balancing the merits of each proposal and its alignment with our RabbitHole values. PoolTogether’s focus on smaller users and steady financial growth generally make this last part easy.

## The Future of Metagovernance

We are still early in our metagovernance journey, learning quickly as we go, and refining our processes so that we can maximize our effectiveness and influence. As ‘v0’ of the pod comes to a close and we transition into ‘v1’, our hope is to shine a spotlight on the merits of this process and attract vote delegation. In doing so, we can help our partners grow governance participation, reach quorum more readily, and be more agile in their decision making.

If you would like to know more about our role in the governance of PoolTogether you can find me on Discord (@adamdawson.eth), and if the idea of metagovernance has piqued your interest be sure to join the RabbitHole Discord and follow the #rh-metagovernance channel for announcements about applications to join the pod for v1.

Community Builder & People Maxi at PoolTogether
love love & hate hate

POAPs at PoolTogether

In general POAPs are a great way to engage with the community, reward contributors and reflect on the things we’ve experienced together.

Thanks to our poolers [Oops](https://twitter.com/Irrelephantoops) (*Weekly POAP Designs since day 1*), [Nahuel](https://twitter.com/nahbur) (*always got your back when it comes to distribution*) and [Pedro](https://twitter.com/pedrovilelaeth) our community has some the dankest POAPs out there — that’s a fact. 🔥👏

![Looking back at the Swim Meet Designs made by Oops](https://images.mirror-media.xyz/publication-images/KwYcF2BQgTFTIDwhNaauV.png?height=1800&width=3200)

…but also the reason PoolTogether POAPs get heavily farmed by people that have no connection to the DAO or protocol at all.

### Contributor-, Milestone- and Entertainment-POAPs

To tackle this we’re releasing new sets of unfarmable POAPs, only given out to close contributors and supporters of the protocol. This will allow us to finally build more utility on top of these POAPs.

The first POAPs of this kind have already been released, and there are more to be announced. Big shoutout and thank you once again to [Oops](https://twitter.com/Irrelephantoops) & [Pedro](https://twitter.com/pedrovilelaeth) for the Designs and to [Nahuel](https://twitter.com/nahbur) for all the ongoing behind the scenes work! 🌊🏆

All in all the POAPs can be broken down into three categories:

1. Contributor POAPs ([1](https://poap.gallery/event/32470)⏐[2](https://poap.gallery/event/27288)⏐[3](https://poap.gallery/event/29086))
2. Milestone POAPs ([1](https://poap.delivery/pool1year)⏐[2](https://poap.delivery/pooltogetheronavalanche)⏐[3](https://poap.gallery/event/15751))
3. Entertainment POAPs ([1](https://poap.gallery/event/29084))

They’re aiming to:

* Recognize and reward contributors of the PoolTogether DAO
* Enable poolers to to use them as proof of work, web3 CV, or achievements in the space
* Allow us build utility on top of POAPs like giving out free rewards, access to events & more

Over time and with deeper involvement of individual contributors in PoolTogether, the POAPs will introduce different levels to gamify your path while you evolve in the DAO.

![New Contributor POAPs designed by Pedro](https://images.mirror-media.xyz/publication-images/vfoYNkIf8DU2gbjCZ8EPt.png?height=900&width=1600)

### Want to contribute yourself?

Get involved! Reach out if you have ideas how to add even more utility and value to those POAPs! Apart from that:

1. Join the [Community Call & Swim Meet](https://pooltogether.com/discord/) every Friday.
2. Check [dao.pooltogether.com](http://dao.pooltogether.com/) if you want to know more about the PoolTogether DAO.
3. Come to one of our [DAO Onboarding Calls](https://pooltogether.com/discord/) *(every Wednesday)* if you’re new here.
4. Do you already know how to bring value to the DAO? Apply for a grant with [PoolGrants](https://poolgrants.org/).