pooltogether-community-ui
v3-core
pooltogether-community-ui | v3-core | |
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20 | 358 | |
45 | 4,159 | |
- | 1.2% | |
2.2 | 0.0 | |
12 months ago | about 1 month ago | |
JavaScript | TypeScript | |
MIT License | GNU General Public License v3.0 or later |
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For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
pooltogether-community-ui
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Smart Contract Security Field Guide
First off, wanted to say thanks very much for posting this, primarily because I think it is an example that is straightforward and easy to understand. That said, I'm also thinking "if this is one of the best, straightforward examples people are talking about when referring to 'the value of smart contracts', then smart contracts are just nowhere near the important tech its boosters believe." (To be clear mteigers, not directing this at you, just saying this because what you've posted is probably the best example of a real-world use case I've seen).
In summary, what PoolTogether (https://pooltogether.com/) does is basically act like a normal savings account, except instead of you getting 4% interest a year or whatever, that interest is all pooled and then given out in big chunks at random - most people get nothing, but "winners" will get what is essentially everyone else's interest. Some notes:
1. I'm not clear what activity they're engaging in that actually generates interest (e.g. who they're lending to in order to generate a spread), but in fairness I didn't spend much going into the details. That said, if they really are generating income by lending, then I'm very curious how they can't suffer from some of the same negative edge-cases inherent in fractional reserve banking, like a run on the bank. If they are not generating real income from lending, I'm very suspect about how they can really be generating interest. Again, I didn't look much into this, so totally admit I could just not be understanding the details here.
2. I see absolutely no real benefit that comes from doing this as a smart contract vs. just doing this as any other kind of normal software (e.g. what core banking software provides), despite what their blurbs on the website say.
So still just dumbfounded by the lack of real utility in any of these smart contract examples I've seen.
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New Landing Page is live! 📣
Take a look: https://pooltogether.com
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Unlocking Direct Engagement: How Innovative DeFi Companies Harness Push Protocol in the Web3 Revolution
PoolTogether: Transforming Savings Games and Lotteries
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PBS Crypto Decoded | NOVA (2023) [00:53:32]
How about defend a prize-linked savings program from an individual that placed around $12 into the protocol before immediately filing a lawsuit?
- Last day before next draw at moneropot.org
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DEFI is not the place where you can increase your deposit
Have you checked out PoolTogether. You earn yield in the form of prizes and if you deposit on optimism you also earn OP tokens. It’s like a DeFi savings account for USDC. Worth looking into if you haven’t already.
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Tell me about your DAO
Pooltogether uses their token for governance but you absolutely do not need to have it to use the product or participate in anything. It’s strictly used for voting in governance. No blockers
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Show HN: Web3 is not community-led, as much as they try to claim they are
There's literally one project that I've seen being truly useful: https://pooltogether.com/
It's cool because it's not possible to do this without crypto (in terms of trust). But because it uses a smart contract you can be sure that when you put your money into it, it won't steal it.
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'Predatory gambling' has helped the lottery reach sky-high jackpot, critics say
We could easily incentivize no-loss lotteries like https://pooltogether.com/ I wonder how that affects problem gamblers? If there's no opportunity to actually lose anything do problem gamblers choose other options?
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Favourite 1-100 Million M/Cap Sleepers?
POOL - PoolTogether https://pooltogether.com/ Open source pooled savings account/lottery with twice weekly draws
v3-core
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5 Selected Platforms To Find Web3 Jobs In 2024
Wellfound boasts of helping top web3 companies like Opensea and Uniswap, in building their engineering teams. Wellfound is definitely one of the best platforms to try out if you wish to find a top web3 job in 2024.
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Best Crypto To Invest in 2024 [Expert Guide]
Uniswap (UNI) – The Leading Decentralized Exchange
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Basics: The most frequently asked questions about Donut and this sub
uniswap.org
- Is AI the Next Crypto? Insights from 2M HN Comments
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I’m HODling $1500 worth of SHIB today…
And that's around 216 million plus SHIB at the moment. Right now, I'm buying and accumulating. Hopefully, in the near future, the economy picks up, and we ride the bull into new ATHs. I might swap some of my tokens over at either UniSwap or Houdini Swap for some more SHIB.
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What do you guys think about the recent halving in LTC?
Anyway, I am stacking up on LTC seeing a lot of Redditors lately being anti LTC. So I was wondering where does everyone stack or swap their LTC nowadays? Crypto.com and Coinbase for example have high fees when buying LTC. I was thinking of SushiSwap, Houdini Swap, or Uniswap or any alternatives you can think of that are DEXes.
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With what's happening with Binance, Coinbase, and others lately, I think we should switch to DeFi Platforms and Hard Wallets ASAP.
But I suggest if you have a huge amount of crypto sitting in a CEX right now, it’s high time you take that off of CEXes and swap that over to Uniswap, PancakeSwap, Houdini Swap or whatever DEX swapping platform you use (maybe Curve?).
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There and back again, how an extremely profitable trade turned into a worthless pile of dust.
Along with Uni and Sushi I had been looking at other Decentralized exchanges. One I had been looking into was Bancor, they had announced a new liquidity mining program that I wanted to take part in but I was nervous to risk a lot of money in it.
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MWOJAK Launch
Contract : 0xCB0F2466d8FF5db1E2A5C69D2C8eE1a6a1bfC81A available on https://uniswap.org/
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Unlocking Direct Engagement: How Innovative DeFi Companies Harness Push Protocol in the Web3 Revolution
The DeFi landscape has witnessed the rise of industry giants like Uniswap and Aave, gaining widespread recognition. However, amidst these prominent platforms, a group of dynamic companies is making significant strides in the Web3 revolution. In this article, we highlight a selection of innovative companies that have caught our attention with their valuable contributions to the DeFi ecosystem. What sets them apart is their compelling approach to directly engage with their communities. Before delving into their unique strategies, let’s explore these remarkable companies in greater detail.