PoolTogether's Grand Prizes Reach New Heights
PoolTogether's Grand Prizes Reach New Heights
馃幇 Jackpots gone wild
PoolTogether's grand prizes are reaching unprecedented levels, as highlighted in a recent announcement. The protocol reminds users that anyone with a deposit can become a lucky winner.
Key points:
- Grand prizes are awarded approximately every three months
- Longer savings periods increase winning chances
- Previous milestone: First grand prize winner on Optimism won $4,200
PoolTogether encourages users to stop losing money and start winning by saving with their protocol. The platform positions itself as a way to save money while having the opportunity to win prizes.
These grand prizes are getting out of hand 馃く Reminder: anyone can be a lucky winner just by having a deposit on PoolTogether.
PoolTogether Mini App Hits 5,000 Users Milestone
PoolTogether's Mini App has reached a significant adoption milestone with over 5,000 verified users now actively participating in the protocol. The platform has demonstrated remarkable growth, expanding from 1,000 users in late March to 5,000 in early April. Notable achievements: - Over 1,900 users have already won prizes - 5x user growth in just 10 days - All participants are verified humans The Mini App allows users to save money while having a chance to win prizes, combining savings with prize-linked incentives. *Want to join the growing community of winners? Visit [PoolTogether](https://pooltogether.com) to start saving and winning today.*
Prize Pool Growth Update
The protocol's prize pools continue to demonstrate consistent growth momentum in early 2025. Key highlights: - Multiple consecutive periods of prize pool expansion - Sustained upward trajectory from Q4 2024 growth phase - Organic community-driven increase in total value locked This growth pattern aligns with the protocol's focus on sustainable expansion rather than short-term spikes. Community participation remains a key driver of the protocol's development.
Optimism Prize Savings Update: Win ETH While Earning Rewards
Optimism's savings protocol offers dual benefits: regular rewards plus chances to win up to 19.96 ETH in prizes. Current reward rates across different pools: - POOL/WETH Pool: 12.2% APR - USDC winETH Pool: 10.8% APR - DAI Pool: 9.7% APR - USDC Pool: 9.0% APR - LUSD Pool: 7.8% APR - WETH Pool: 6.0% APR These rates represent a decrease from October 2024's higher yields, which peaked at 28.8% for POOL/WETH.
PoolTogether V5 Adds Nexus Mutual Coverage Options
PoolTogether V5 has enhanced user protection through a new partnership with Nexus Mutual insurance protocol. Two coverage tiers are now available: - **Essential Cover**: Basic protection for deposits - **Elite Cover**: Comprehensive coverage including underlying yield sources This integration follows PoolTogether's earlier partnership with Pendle Protocol Cover, demonstrating continued commitment to user security in DeFi savings.