Save, earn and win - Solanas only community driven Prized Savings Protocol!
Pool Party is a bootstrapped and community-driven decentralized Prized Savings protocol (or No Loss Lottery) on Solana. Its participants hodl tokens in a pool, and by that automatically participate in a lottery that gives the participant a chance to win tokens! Players or “savers” participate by depositing tokens into one of the savings pools. The pooled funds generate yield in DeFi apps and the yield is once a week paid out to one lucky participant in the relevant pool. Or in other words, one person wins the yield from everyone in the pool! Pool Party makes use of the stake and DeFi rewards from the pooled tokens in the world of Solana DeFi. The DeFi protocols that Pool Party works with for this are among the most trusted dApps on Solana such as Solend and Marinade. We randomly pick the winners using a VRF from our Switchboard.xyz. You can't lose! A player never buys a ticket, but simply gets 1 ticket in return for each token provided to the pool. All participants in the pool can withdraw the pooled tokens at any time, and everyone involved keeps their money!
Pool Party is non-custodial and runs on smart contracts. This means that the user is the only one who has access to their own deposited funds in the savings pools. No one but you has access to your deposited funds and you can withdraw your funds at any time!
Pool Party has not yet been audited by a third party. Use the protocol at your own risk, and consider this as an experimental community project at this stage.
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