'No loss' lottery protocol PoolTogether among most utilized protocols in DeFi...
Since launching its V3 iteration in October, PoolTogether has paid out more than $750,000 in risk-free lottery returns. Data published by crypto analytics provider Messari indicates that PoolTogether’s V3 no-risk lottery platform has amassed more than 6,000 users since launching in October.Messari asserts that PoolTogether’s user base ranks it “one of the most utilized protocols” in DeFi excluding decentralized exchanges. To date, PoolTogether's V3 has garnered over 6,000 continuous lottery players, making it one of the most utilized protocols excluding DEXs....
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PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game.
The self-styled "savings game" is hoovering user deposits, leading to meaty lottery payouts No-loss lotteries appear to have found a snug product-market fit. Just a few days after the airdrop of their governance token, POOL, the self-styled “savings game” PoolTogether has cracked $50 million in total value locked with ease, currently sitting above $51 million spread between DAI, USDC, UNI, and COMP lottery pools. PoolTogether aptly 'pools' user funds and deposits them into decentralized finance savings protocols, using the interest as prizes for randomly-selected winners and returning the....
The platform has already raised more than half of its target and still has another 21 days to go before the NFT funding campaign ends. So called “no-loss lottery” DeFi platform PoolTogether has raised 470.90 Ether (ETH) via NFT sales to fund its legal defense against a putative class action lawsuit.That means PoolTogether is more than halfway to its goal to raise at least 769 ETH worth roughly $1.5 million to fight what it calls a lawsuit that has “no merit”. The platform has another 21 days to go before the NFT funding campaign ends. It noted on its NFT minting page that:“PoolTogether....
A collection of DeFi protocols announced a collaborative financial inclusion venture today, August 30, 2021. The protocols are jointedly putting $100 million in the venture titled DeFiPeople. Some of the DeFi applications in the project include AAVE, 0x, Curve, PoolTogether, SushiSwap, and others. These protocols are expected to provide about $100 million in educational initiatives, […]
“Don't have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack. No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of NFTs.It has taken the project just ten days to reach its funding goal of 769 Ether (ETH) or $1.4 million, signaling strong support from the DeFi community who are rallying against a lawsuit that some feel is an attack on the greater sector as a whole.the community has spoken @PoolyNFT....