PoolTogether is a decentralized no-loss lottery platform that incentivizes savings by offering users the chance to win prizes. Built on Ethereum, PoolTogether users can deposit their funds into different pools and earn tickets. Each ticket offers a chance to win the prize, and even if users don’t win, they can withdraw their original deposit.

Where Can I Find the “Estimated” APY?

An open-source tool, PrizeCalc, is available to estimate your potential yield.

For instance, based on the current reward yield, if you deposit 50,000 USDC on the Optimism network for one month, you can estimate your potential winnings.

With this deposit, you could expect to win about five times, for a total of approximately $90. This equates to an estimated annual percentage rate (APR) of 2.34%. Remember, this is a lottery, so actual results can vary. With patience and some luck, you could potentially win the top prize (currently $5,000).