PoolTogether

Aerodromefi has announced the launch of the AERO prize vault on the PoolTogether protocol. Users can now deposit AERO tokens for a chance to win ETH prizes. The prizes are derived from the yield accrued on all deposits, making it a 'no loss' prize savings mechanism. Users can withdraw their AERO deposits at any time. Further details on how to participate in the prize savings pool are available on the Base platform.

On May 6th, 2024, an announcement was made regarding stable yields and bonus incentives. While no specific details were provided in the given content, this suggests that there may be new opportunities or updates related to consistent returns and additional rewards or incentives being offered.

PoolTogether has introduced a new weekly event called the Friday Fireside Dev Chat. Scheduled every Friday at 6pm UTC, this event allows developers to meet with protocol and app developers, get answers to technical questions, and learn about the capabilities of the protocol. The Fireside Dev Chat is hosted on the PoolTogether Discord server. Additionally, PoolTogether has released a migration app that displays V3, V4, and V5 balances, enabling users to migrate to the newest prize vaults on Optimism or withdraw their funds. Remaining V4 rewards will be automatically claimed when using the app. Further details about the migration app and a commemorative NFT are available on PoolTogether's Mirror page.

Five prize vaults on the Optimism network are receiving additional bonus rewards. Depositors in these vaults will receive guaranteed rewards in the form of OP tokens, as well as a chance to win ETH. This incentivizes users to save money through these prize vaults.

A new prize vault for the POOL/WETH liquidity pool has been introduced, offering OP token rewards with an estimated 117% annual percentage rate (APR). The vault utilizes Beefy Finance as its yield source, where users deposit Velodrome's vAMMV2-POOL/WETH LP tokens. Beefy autocompounds all veVELO rewards into POOL/WETH, which are then liquidated and contributed to the prize pool, increasing the chances of winning. The Cabana factory allows anyone to easily create new prize vaults for any Beefy vault.

PoolTogether, a decentralized no-loss lottery protocol, has unveiled its latest iteration, which will be live for 10 days. The grand prize has surpassed 1.25 ETH as of today. Participants can deposit funds and opt-in for daily prize draws, OP token rewards, and automated prize distribution.

PoolTogether, a decentralized no-loss lottery platform, has announced the launch of Beefy Prize Vaults. These vaults allow users to deposit funds and earn rewards while also participating in the PoolTogether lottery. The integration with Beefy Finance, a decentralized finance protocol, aims to provide users with additional yield opportunities.

Effective April 19th, 2024, all prizes awarded through the community-run savings protocol will be distributed in Ethereum (ETH) cryptocurrency. This change applies to all future prize distributions facilitated by the protocol.

Two new liquidity pools have been introduced. On the Base network, a pool for LUSD and POOL tokens has been launched via AerodromeFi. Additionally, on the Arbitrum network, an ETH-POOL pool has been made available through RamsesExchange. These additions aim to further the development of the decentralized savings protocol governed by its community.

Compound, a decentralized finance (DeFi) protocol for lending and borrowing crypto assets, has teased an upcoming announcement scheduled for April 2nd, 2024. The protocol, known as the 'world's savings protocol' and governed by its community, has not provided further details about the nature of this announcement. However, the use of the flight departure emoji suggests it could be related to a new product launch or a significant protocol upgrade. The DeFi community eagerly awaits more information from Compound.