Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
PoolTogether
PoolTogether DeFi Platform – Savings Meets the Lotto
PoolTogether is a next-gen DeFi platform that seeks to transform saving crypto into a fun-filled activity. This Ethereum-based protocol is the world’s first and most popular no-loss savings game. No-loss savings games combine multiple DeFi applications to accomplish their unique processes. Consequently, PoolTogether is a pioneer in DeFi composability. DeFi Composability Composability is a term that refers to the combining of different components within a system to meet any specific use case requirements. Due to the standardized and open approach…
5 years ago
PoolTogether V3: DeFi Lottery Platform to Become Fully Decentralized
PoolTogether, the well-known zero loss lottery protocol, has announced the V3 version of its protocol. According to a blog draft shared with Decrypt, the protocol will start to accept more assets, allow developers to build on top of it, and become fully decentralized with the V3 version. The protocol will also see a transition from its team to Chainlink VRF (Verifiable Randomness Function) for randomly choosing the winner. What is PoolTogether? PoolTogether is a protocol that promises a zero-loss lottery…
5 years ago