Blockchain News

PoolTogether and Juno to Launch a Debit Card for Prize Savings

Juno has launched a debit card for Pool Together, allowing users to save and win at the platform while spending winnings to earn rewards. Deposits are fully liquid and earn interest through DeFi protocols like Aave. 

Juno is set to launch the prize savings protocol, Pool Together debit card, which allows users to save and win at the Pool Together platform and spend their winnings to earn rewards.

The debit card has not yet been launched, but interested users can join the waitlist here. How to do that?

After heading over to the platform,  you need to connect your wallet to the platform. We will be using Metamask here. Once you've signed with your wallet, create a tag like bscnews here in lowercase letters:


You will then need to enter your email and reserve your spot on the waitlist.

PoolTogether is live on Ethereum, Polygon, Optimism and Avalanche. You can deposit USDC on the above networks in exchange for tickets (PTaUSDC). 

As soon as a deposit is made into PoolTogether, it is automatically routed to other decentralized finance protocols, such as Aave, in order to earn interest. As with Aave, deposits can be withdrawn at any time as it is "fully liquid.” Interest accrues every 15 seconds. 

Rewards are accumulated in real time and can be claimed in the PoolTogether app every Tuesday at 7 pm UTC. 

There is a large prize of $5,000 awarded every 30 days. This is the same across all networks (Ethereum, Polygon, Avalanche, and Optimism). There are also smaller prizes that are optimized for each network.

As reported, The $OP rewards for PoolTogether depositors on Optimism have been extended until March 28th, 2023. Since PoolTogether's launch over three years ago, it has distributed over $5 million in prizes. 

What is PoolTogether:

PoolTogether is a prize savings protocol that allows you to win by saving. You can win prizes for every dollar you deposit. According to the protocol, saving more increases your chances.

Learn more about Pool Together:

Website | Twitter | Discord | Telegram

What is Juno Finance:

Juno is a cross-border neo-banking platform that aims to provide high-yield savings accounts to users all over the world. All cash assets are held by Evolve Bank & Trust in the form of individual accounts. They are all FDIC-insured up to $250,000.

Learn more about Juno Finance:

Website | Twitter  | Discord 

Follow us on Twitter and Instagram to keep up with all the latest news for BNB Chain and crypto.

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Want the latest DeFi secrets delivered directly to your inbox every week from a leading industry expert? Instantly learn about strategies that could have you earning APYs of up to 69,000% with DeFi Maximizer. Sign up today and enjoy a 25% discount off of your first month!

Looking for a job in crypto? Check out the CryptoJobsNow listings!

Related News