The POOL Token is live and control of the PoolTogether Protocol now rests solely with the community! This concludes a multi-year process of progressive decentralization creating the world’s first open source, decentralized, and permissionless protocol for no loss prize savings.
The POOL token exists solely to govern the PoolTogether Protocol. Any changes to the Protocol will be proposed and voted on by POOL token holders. These proposals can include things like adjusting the number of winners, launching new prize pools, integrating new yield sources, implementing scaling solutions and controlling future distribution of POOL to protocol contributors.