RFC: Protocol Constitution

With our first quarterly voting cycle coming up on Team Budget Requests, the timing seems perfect to ratify PoolTogether’s protocol constitution. Doing this will help us make decisions and verify that our actions as contributors add value to the cause. The Pooler’s mindset is real already, so let’s finally manifest it!

The TBRs are expected to go live for on-chain voting on Tuesday, Oct 18th. At the same time, I will create an off-chain Snapshot containing the constitution. Signing it will signal your pledge to the constitution.
The Snapshot will last for a year, reminding us to re-review.

Please review the constitution below one more time before we move to Snapshot. All feedback is encouraged! :clap:

Mission

PoolTogether helps people build wealth in a fun and engaging way.

Vision

PoolTogether will be the global infrastructure for prize savings.

Protocol Core Values

Wealth Creating

PoolTogether is a prize savings protocol helping people build wealth. It does this by making saving money fun, accessible, and financially rewarding. The protocol is no loss and positive-sum, leaving everyone better off for using it.

Accessible to All

PoolTogether aims to help everyone, regardless of background, technical experience, or current wealth. We aim to make financial security globally accessible and help people build wealth around the world.

Secure

Savings is a serious business. The protocol design optimizes for security of deposited funds. Perfect security can never be guaranteed, but ensuring the “No Loss” mantra remains true is paramount.

User Owned

The protocol is governed by the POOL token, which has been freely distributed to users of the protocol. These token holders make up the heart of the community, guiding and contributing to the mission of the protocol. POOL holders are tasked with stewarding the protocol and making decisions for the long-term benefit of the protocol and its users.

Autonomous

The PoolTogether protocol is designed to live forever. It follows the ethos of decentralized finance (DeFi), seeking to improve the financial system by replacing humans with immutable software. User funds will never be accessible to PoolTogether developers or POOL token holders.

Transparent and Fair

The PoolTogether protocol is a set of smart contracts. The code is publicly available and open source for everyone to verify, validate, or adopt. It can be copied and re-used by anyone. It is globally accessible, provably fair, and free to use for anyone without permission.

Fun and Engaging

We’re here to have a good time building wealth. Our protocol brings people joy and excitement!

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