Rewriting the Rules of Savings: Inside PoolTogether with Co-Founder Brendan Asselstine

Welcome to The Web3 Prof Podcast, where we dive deep into the world of decentralized finance and blockchain innovation. In this episode, we sit down with Brendan Asselstine, the Co-Founder of PoolTogether.com, the revolutionary savings protocol that's putting a new spin on how we save and win.
PoolTogether isn't your typical savings account. It's a prize-linked savings protocol that turns saving into a game of chance. Deposit your USDC, participate in daily prize draws, and withdraw your funds anytime - even if you don't win! Every dollar you save increases your chances of winning big prizes, thanks to the interest accrued on all deposits.
With over four years in operation, PoolTogether has distributed over $10 million in prizes to its users, with some lucky winners turning a mere $74 deposit into over $40,000.
But how does it work? Brendan breaks it down for us: users deposit funds, yield accrues on all deposits, and that yield is randomly awarded as prizes to lucky participants. It's provably fair, globally accessible, fully non-custodial, and decentralized, giving users full control and transparency over their savings.
During our conversation, Brendan shares the inspiring story behind the creation of PoolTogether, the transformative power of crypto, and the current state of PoolTogether - what they're building and why it matters. Plus, we delve into the hottest trends in the crypto space right now.
If you're curious about the future of finance and the exciting possibilities of blockchain technology, this episode is a must-listen. Join us as we explore the world of PoolTogether and the endless opportunities it presents for savers everywhere.
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