PoolTogether Tokenizes No-Loss Lottery Tickets – DeFi Savings Gamified
PoolTogether – a permissionless no-loss raffle – has tokenized the protocol’s tickets into fungible Ethereum-based ERC-20 tokens. PoolTogether will now mint “plDAI” and “plUSDC” which represents ownership of tickets eligible to win prizes. With the launch of these tokenized no-loss raffle tickets, anyone can now build on top of the PoolTogether protocol by using these tokenized assets, bringing a new primitive to Ethereum’s composability for financial applications.
