PoolTogether is an open source and decentralized protocol for no-loss prize games. The Protocol: 1) Enables developers to build their own no-loss prize games; 2) Offers governance-managed no-loss prize games.
The POOL token exists solely to govern the PoolTogether Protocol. Any changes to the Protocol will be proposed and voted on by POOL token holders. These proposals can include things like adjusting the number of winners, launching new prize pools, integrating new yield sources, implementing scaling solutions and controlling future distribution of POOL to protocol contributors.