PoolTogether Elevate its User Experience

Since its inception in 2020, PoolTogether has transformed the way individuals approach saving and investing, offering a no-loss lottery saving protocol that allows users to save money while having the chance to win big. PoolTogether has gained traction among users looking for a fun and risk-free way to grow their savings, all while being transparently run as a crypto protocol.

By leveraging Candide InstaGas, PoolTogether enhances the user experience for users depositing to win without requiring native tokens:

Gas Sponsorship: By sponsoring gas fees for deposits, PoolTogether ensures that users can participate in the no-loss lottery using ERC-20s like USDC without needing to acquire ETH or the native token required to pay blockchain fees. This makes it incredibly easy to use, regardless of their experience in crypto.
Seamless User Onboarding: InstaGas simplifies the onboarding process for new users, allowing them to never lose interest during onboarding due to required network fees in ETH. This is particularly beneficial as it eliminates a common barrier that often deters potential participants, making the experience smoother and more inviting.

‍

The No-Loss Lottery Model

PoolTogether has become the all-time favorite app among users, delivering a no-loss lottery saving protocol as a proven tool to help people save money and avoid wealth destroying lotteries. Users deposit funds into a pool, and each time period, a portion of the interest generated is awarded to one lucky winner, while all participants retain their original deposits. This approach not only encourages saving but also allows users to experience the excitement of a lottery without the risk of losing their money.

PoolTogether is driven by its mission to create Financial freedom for all and “WOW” moments that enrich life for its global users. And for that, we need the best UX possible. Says Tjark, the Collective Governor at PoolTogether.

‍

Reaching users beyond web3 natives

The PoolTogether app, like many other Web3 applications, faces a significant onboarding challenge at the blockchain level: the requirement for users to pay gas fees directly using the native token ETH. This barrier can be particularly daunting for those who are not well-versed in the ins and outs of crypto protocols.

While PoolTogether’s most popular winning tickets use ERC-20 tokens like USDC, users are still required to leave the PoolTogether app to recharge their wallets with ETH. This often involves navigating to an exchange, which can be a cumbersome and confusing process for newcomers. As a result, potential users may feel discouraged from participating, missing out on the opportunity to engage with a platform that offers a unique no-loss lottery saving experience.

To truly expand its user base and reach individuals beyond the Web3 native community, PoolTogether addresses this onboarding issue by abstracting gas away completely and eliminating the need for users to acquire ETH, and thus creating a more seamless and inviting experience.

‍

Setting Rules and Policies for Gas Sponsorship

With the InstaGas no-code gas sponsorship solution, PoolTogether has established specific rules and policies that apply exclusively to their smart contracts. This approach strengthens the integrity of PoolTogether's gas funds and provides a sybil-resistant mechanism for maintaining trust in the platform.‍

Key Policies for PoolTogether Gas Sponsorship

Minimum Deposit Requirement: Users must deposit a minimum amount of tokens into the contract.
Batched Transactions: All transactions must be batched (approve token + deposit token).
Account-Specific Rules:
- Max Transaction Limit: Each transaction is capped at a specified amount.
- Daily Transaction Limit: Users can make a maximum number of transactions within a certain time period.
- Account Maximum: Each account is limited to a maximum total.

By setting these clear rules and policies for gas sponsorship, PoolTogether not only improves the user experience but also establishes a robust framework for maintaining the integrity of its gas funds.

(Image for demonstration purposes. Learn more about gas policies and rules)

‍

Minimal Code Changes to the Frontend

With the help of established libraries like Viem and Wagmi, PoolTogether has successfully implemented a one-click, completely gasless experience on their popular frontend app, Cabana, with minimal code changes. By leveraging pre-built helper methods that utilize the latest Ethereum standards, developers at PoolTogether were able to quickly integrate batching and sponsorship features.

Key Features

Batch Transactions: Following ERC-5792, which defines how applications should communicate batch transactions and smart capabilities to wallets, PoolTogether can efficiently process multiple transactions in a single call.
Gas Sponsorship: Following ERC-7677, this standard allows applications to provide sponsorship context to wallets, enabling users to participate without needing to hold ETH for gas fees.

Integrating the new UX features into Cabana was incredibly straightforward. The standards are now mature enough, combined with the stable support from popular libraries like Viem and Wagmi, which allowed us to implement batching and gas sponsorship with Candide with minimal effort. This has enabled us to ship quickly rather than getting bogged down in complex integrations. — Ncookie, Lead Engineer at PoolTogether Cabana

Learn more in the docs about batch sponsorship transactions

‍

Using Candide Tools to Improve UX

As part of their continued mission to offer financial freedom for all, PoolTogether is piloting its one-click, gasless deposits on the OP Mainnet (Optimism) to ensure a seamless experience for end users. Candide InstaGas combines a no-code solution for applications, enabling improved user experiences across blockchain platforms. PoolTogether is leveraging this technology to eliminate transaction gas fees, reduce onboarding churn, and increase its deposits.

Get access to InstaGas today at candide.dev/instagas.

‍

Receive Updates

Thank you. We will keep you posted with the updates!

Oops! Something went wrong while submitting the form.

PoolTogether Elevate its User Experience

Receive Updates

Products

Documentation

Resources

Contact

Legal