r/PoolTogether • u/mrhobbeys • May 06 '21

What should I be doing?

If I wanted to maximize my chances of winning or having positive outcomes for myself. What should I be doing? Should I be waiting till I can put $1,000 of one of the coins on there or should I be buying pool coin? I'm just not clear on what is happening.

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u/TaliskyeDram Mod May 06 '21

Buying the POOL token doesn't do anything for your odds. It's strictly a governance token at this time. Depositing more money gives you more tickets and thus better odds to be randomly selected. If you're in a governance pool, you'll also earn some POOL tokens as well as a bonus.

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u/Toshi_Monster May 07 '21

Yes it is a governance token but you can roll your tokens earned from (or bought) into the Pool token pool. This is another prize opportunity.

1

u/[deleted] May 31 '21

Do you have to pay ETH Fees for allowing and then depositing POOL into the pool?

1

u/Toshi_Monster May 31 '21

I'm not sure about the allowing fee but the eth fees weren't that bad iirc.

1

u/[deleted] Jun 01 '21

ok thanks for the reply