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Killing boring saving accounts with the power of DeFi. |
REMINDER: THIS IS A DRAFT OF THE GALACTIC POOLS USER GUIDE. A FEW MODIFICATIONS COULD BE EXPECTED IN THE COMING FUTURE.
Galactic Pools is a decentralized and open-source blockchain protocol for prize-linked savings.
Replacing "prize-linked savings accounts," all depositors are offered a chance to win prizes without risking their deposited tokens. This is possible because prizes are made up of the staking rewards.
🏦 User deposits their tokens into the pool contract.
📈 Pool contract earns staking rewards from the tokens deposited.
🏆 The rewards are randomly awarded as prizes to the users.
🖼 Earn XP based on the liquidity provided.
💉 Users get a specific boost next round if they haven't won any previous prize round.
TODO: Add some graphics here.