# No-loss Lottery PoolTogether Cracks 50 Million In Deposits After Token Airdrop

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/6715
Published: 2021-02-20T02:47:03.000Z
Updated: 2021-02-20T02:47:03.000Z
Section: Investing

> Just a few days after the airdrop of their governance token, POOL, the self-styled “savings game” PoolTogether has cracked $50 million in total value locked with ease, currently sitting above $51 million spread betwee…

Just a few days after the airdrop of their governance token, POOL, the self-styled “savings game” PoolTogether has cracked $50 million in total value locked with ease, currently sitting above $51 million spread between DAI, USDC, UNI, and COMP lottery pools.

PoolTogether aptly 'pools' user funds and deposits them into decentralized finance savings protocols, using the interest as prizes for randomly-selected winners and returning the initial funds to buyers — thus creating a “no-loss” lottery.

[Coinness](<https://coinness.com/>)



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