I love PT’s lossless lottery. I think we could combine the Fish Tank Idea with the Yearn Vaults to increase the payout amounts.
The larger return on the pooled assets would offset any noticed losses on payouts due to the increased overall size of the payout
Edit on 03/08/2021
Since there’s so much difference between the two I think it’d also be possible to pay the users a small % in interest too, maybe 1-2% enough to beat their bank accounts. That would cover their gas in and out before we get to a Layer 2.
yearn released their yearn partners program where they do 50% profit share with partners that send them TVL - i wonder if this can somehow be worked in and profits from the partner system go to treasury?
i guess it might be a little different of a UI - youd buy direct on pool together deposit the token into the pool - I have not looked at the code in enough detail to know if this is achievable in the pool together system, just thought its worth leaving on this thread as a discussion point
Agreed, it’d definitely take some additional development, but as a non-dev it seems that Yearn is fairly easy to work with (as evidenced by their growing ecosystem of partners (Cream, Sushi, Keepr, Curve)
Regarding the additional gas cost, I think we could mitigate this somewhat via batching transactions (Deposits and withdraws) or moving to an L2.
I’d prefer an L2 but at the moment it’s a bit of a chicken and egg problem, we’d have to move to the same L2 as Yearn/Compound to see the advantages of the reduced gas cost.
There are a number of L2-ish proposals floating around the forum at the moment so I won’t distract from this topic other than to say PT will have to move to an L2 at some point soon, its just a matter of which one.
