Cabana
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  • Welcome 👋
  • ⚙️Protocol
    • The Basics
    • V5 Changes
    • A Brief History
    • Bots
    • FAQs
  • 🏖️Cabana App
    • Prize Yield
    • Vault Lists
    • Bonus Rewards
    • Delegations
    • Guides
      • Depositing into a prize vault
      • Withdrawing from a prize vault
      • Checking for prizes
      • Checking your balance
  • 🛠️Cabana Tools
    • Cabana Factory
    • Cabana Lists
    • Cabanalytics
    • Design Tools
    • Guides
      • Deploying a Prize Vault
      • Deploying a Liquidation Pair
      • Creating a Vault List
      • Editing a Vault List
      • Hosting a Vault List
      • Promoting Your Vault
      • Full Cabana Factory Walkthrough
      • Full Cabana Lists Walkthrough
  • 🔗Links
    • Cabana App
    • Cabana Tools
    • PoolTogether Discord
    • PoolTogether UI Kit
    • PoolTogether Brand Kit
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  • How does it work?
  • PoolTogether is...
  1. Protocol

The Basics

PoolTogether is the prize-linked savings protocol that allows users to save money and win prizes.

PreviousWelcome 👋NextV5 Changes

Last updated 10 months ago

PoolTogether is a protocol where users win by saving.

  1. Deposit any ERC-20 token into a prize vault for a chance to win

  2. Participate in daily prize draws automatically

  3. Withdraw your full deposit any time - even if you don't win!

A deposit of any amount gives you a chance to win prizes. The more you save, the higher your odds!

PoolTogether is one of the first and most widely used DeFi (Decentralized Finance) applications and has been live for over five years. Since its inception, the protocol distributed over $4.5 million in prizes to depositors. .


How does it work?

Prizes are comprised of the interest that accrues on all deposited funds:

🏦 Users deposit into the network

📈 Yield accrues on all deposits

🏆 The yield is randomly awarded as prizes to the users

PoolTogether is...

The PoolTogether protocol is powered by blockchain technology. It's:

Provably fair

Prize draws at PoolTogether are transparent: anyone can verify who won, when, and why. No entity determines to whom prizes are distributed to.

Globally accessible

The protocol empowers everyone to save. It offers a level playing field where every user enjoys the same conditions.

Fully non-custodial

No one but you has access to your deposited funds. PoolTogether is non-custodial, meaning users can withdraw their deposits in full at any time.

Open-source & secure

Decentralized

Permissionless

Anyone can create a new prize vault and/or participate in any of the incentivized actions that keep the prizes rolling out. There are no gatekeepers to the protocol.

The protocol is made up of computer software: smart contracts living on the blockchain. The for anyone to verify and validate. On top of that, PoolTogether undergoes regular .

The PoolTogether token and treasury is user-owned and user-driven. Control over these rest in the hands of the community holding the POOL token. Find out more in our .

⚙️
code is open-source
audits
governance forum
prize-linked savings
The luckiest winner so far deposited $74 and won over $40,000