Since the advent of decentralized finance (DeFi), a number of peer-to-peer financial products have been built, enabling users to lend cryptocurrencies to other users and stake funds in liquidity pools to enable trading. But here’s one that might not make a lot of sense on the surface.
PoolTogether is a lottery in which anyone who purchases a ticket has a chance to win a stash of crypto—but even if you lose the drawing, you don’t lose any of the money you spent to enter. In fact, your tickets just keep rolling into the next drawing again and again. Aside from paying for transaction fees to enter, you literally can’t lose your money. But you could win. Maybe.
Crypto ‘No Loss’ Lottery Winner Turns $74 Into $40,000
It’s essentially a mash-up of traditional lottery systems and crypto staking, with users sacrificing a smaller amount of potential yield in favor of a potential jackpot. Here’s how it works.
What is PoolTogether?
PoolTogether is an Ethereum-based lottery platform
Źródło: https://decrypt.co/75564/what-is-pooltogether-the-no-loss-crypto-lottery-explained
