We launched three new Jars this week!
We missed last week’s update because … reasons. Sorry. We’ll make it up to you with plenty of crunchy Pickle news this week.
The Pickle rebrand and brand new website is coded up and almost ready to go, we plan to release this week after a few final tweaks …
The app design is also complete! Work is underway to code this up and it should release within coming weeks, including fused Jars and Farms and Zaps.
We decided to launch the rebrand and new landing page first rather than wait for the app, but be aware that the two…
The big event for this week was of course the much anticipated launch of Pickle Finance onto Polygon, supported by the Polygon team with a generous contribution of MATIC rewards.
This was a huge focus for much of the Pickle team over recent weeks and a huge amount of work went into it, so it felt great to release and see the buzz from both the Pickle community and beyond. We’re already seeing many newcomers discovering Pickle for the first time, which is awesome to see.
Read more about it here: https://picklefinance.medium.com/pickle-finance-launches-on-polygon-f544cf65a7d8
We are proud to announce that Pickle Finance is now LIVE on Polygon!!
Just over nine months since Pickle launched its first Jars on Ethereum, a new Pickle Finance is born over on the extremely popular Polygon.
Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security.
This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
1) It is able to fully benefit from Ethereum’s network effects
A new Jar and Farm launched this week, our first foray into Convex Finance . The Jar takes the $CVX-ETH SLP pair from Sushiswap and helps you to automatically build that position over time, auto-compounding all rewards on your behalf.
At the time of writing you can get up to 180% APY with a fully boosted Farm position (via DILL holdings).
Our friends at Alchemix faced some issues this week with the migration of ALCX-ETH LP to Sushi, leading to a period of no ALCX rewards. This was resolved and for the coming week we now have DOUBLE ALCX rewards to enjoy, leading to some impressive APY returns on that Jar! The Pickle team handled the migration on behalf of users which went smoothly and meant no need to unstake/restake, saving those precious gas fees.
The alUSDCRV strategy that had been undergoing beta testing is now being updated to incorporate the additional rewards available from Convex Finance. …
This is the first in our new weekly Pickle Protocol updates, previously outlined in brief on Discord.
This week we onboarded a new team member — @diamondhands who has extensive solidity experience, including over at Harvest Finance. He’s joining initially as a short term gap-fill as @0xKoffee who is taking some personal leave for the next couple of months.
Our MIR/mSTONK farming promotion ended this week with an airdrop of LUNA for those who participated, plus the dutch auction of the exclusive MIR NFT — congrats to @2weiX for picking it up. …
Ladies, gentlemen and gherkin…DILL has finally arrived 🛬.
In this post, we explain the exciting things that DILL brings to the future of Pickle Finance. For our users, the main benefits are:
The way to get DILL is to lock your PICKLEs up…
In this issue, we cover:
To start, a quick update on the Yearn collaboration - the implementation of DILL is now closer than ever. See the latest announcement from Andre for more details. Details on the partnership can be found in our last update here.