POOL is the governance token of the PoolTogether protocol. Every POOL token represents a vote in protocol governance. Control over the PoolTogether protocol rests solely in the hands of the community of POOL holders.

These holders align under the mission of helping people build wealth in a fun and engaging way, and take actions based on the Protocol Constitution.

Token holders are granted certain rights, which include the management of:

Any change to these parameters has to undergo the PoolTogether governance process and be voted on by POOL token holders.

A healthy governance system is good for PoolTogether, its users and for the POOL token holders. You can help by putting your voting power to use!

If you are holding POOL, you can:

Active governance participation might not be for everyone. It includes doing research, providing helpful feedback, coordinating with other delegates, and a certain time-commitment to make educated decisions.

On the other hand, you get to decide in the future of PoolTogether, gain a lot of experience & insight, and play an active role in growing the protocol.

Anyone can participate in decentralized governance. If you have questions or need help please don’t hesitate to ask the community on Discord.

PoolTogether governance exists on the Ethereum blockchain. Anyone, either holding POOL or being delegated POOL on Ethereum, can vote.

Voting happens on-chain. To cast your vote you can use the PoolTogether interface or any other governance interface like Tally, or Karma for example. The outcome is the same, the only difference is the interface.

Note: As voting happens on-chain it requires an Ethereum transaction fee.

POOL tokens on the Optimism or Polygon are currently only eligible to vote in off-chain governance. This includes decisions that don’t require moving treasury funds or upgrading the protocol.

All off-chain voting happens on this Snapshot.

Proposals generally go live for voting on Mondays.

All active proposals are visible on the governance interface. In addition, proposals are

You can delegate the voting weight of your POOL tokens to someone else to make governance decisions on your behalf. You still retain full ownership of your tokens, but your delegate will be able to vote.

This helps to put as much POOL voting weight to use, keep the governance process fluid, and move the protocol forward.

Delegates are community members who volunteer to play an active role in PoolTogether protocol governance. Everyone can volunteer to be a governance delegate. Nonetheless, you don’t have to be a governance delegate to be able to vote on proposals.

You can see all Delegate Proposals in this thread. Please feel encouraged to post your own.

You can delegate the voting weight of your POOL tokens via Sybil or Tally (both tools have the same outcome).

If you don’t want to delegate your POOL tokens anymore, you can take your delegation back anytime by delegating to yourself.

Creating a proposal requires 10,000 POOL (0.1% of total supply) in total. Anyone who either

can submit a governance proposal. All proposals must be submitted in the form of a PTIP (PoolTogether Improvement Proposal) on the governance forum and must be clear, concise, and unambiguous. Organizing the proposals in this way makes it easy to track and discuss changes to PoolTogether.

Once submitted, governance proposals are voted on for five days. A proposal will pass if, after five days

There is a two day “timelock” before the proposal is actually implemented.

This guide explains governance voting and delegation. To learn more about the PoolTogether Improvement Proposal process, please see here.

🏛️ Governance Forum

🏛️ Vote on Proposals

🏛️ Treasury

🏛️ Governace Dashboard

🏛️ Follow PoolTogether governance on various interfaces: Sybil⎟Tally⎟Boardroom⎟Karma⎟Messari

As always, stay safe and see you around the pool! 🌊🏆

Found an error? Reach out to Tjark on Discord or fill this form. 💌