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Pickle Finance

$PICKLE
Today
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ETH Address:
0x429881672B9AE42b8EbA0E26cD9C73711b891Ca5
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Coin Info

Market Cap:
$2,990,760
Network:
ETH

Coin Safety

Project Brief

What Is Pickle Finance (PICKLE)?

Pickle Finance is a yield aggregator that compounds LPs across various chains. Users realise the power of compounding, while saving time and money compared to manual farming. Pickle Finance has Jars, and Farms. Jars compound returns from other protocols, creating a pToken. Farms provide extra Pickle rewards for staking a jars pToken.

The Pickle Protocol is governed by DILL holders (users that stake PICKLE) who are able to create and vote on proposals for changes to the protocol. DILL holders also get to share in 45% of protocol revenues, as well as boost the PICKLE rewards on their farms.

Who Are the Founders of Pickle Finance?

Pickle Finance was founded by four pseudonymous developers who are primarily represented by an individual known as "Larry the Cucumber" — a reference to a character from the religious cartoon Veggie Tales. One of the other developers, "Rick," left the project early on, while the other two developers, "0xPenguin" and "BigBrainBriner," stepped away left in December 2020.

Larry the Cucumber has said that he has previous experience in web development and Android mobile app development. His first exposure to crypto was in 2015 when his friend BigBrainBriner introduced him to Ethereum, and he later started to experiment with developing Solidity-based projects. He first realized the potential of decentralized finance with the success of the Maker Protocol.

Through thick and thin Larry has stayed with the protocol developing new strategies and expanding the protocols reach. The core team now consists of many members dedicated to furthering Pickle Finance as a leading DeFi prtocol.

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