Pickle Press w/c Aug 9th
PICKLE SURVEY — PLEASE COMPLETE! 🙏
We’ve put together our first short sharp survey aimed at helping us to understand who our current users are, what they like and dislike about Pickle, and what (if anything) similar players in the space are doing better or differently.
It should only take a few minutes and will help massively, so please complete 💚
The week that was
We started last week by launching our collaborative Liquity $LUSD Jar with B.Protocol. This was a great example of DEFI lego and illustrates how protocols can focus on their core strengths while working together to deliver optimal end user benefit. B.Protocol could have developed their own version of the pLQTY Jar but that’s not what they do, so they came to us with the idea of working together and it ended beautifully.
You can read more about the approach here: https://picklefinance.medium.com/b-protocol-x-pickle-lusd-integration-3a9f14c55dd3
While our planned Popsicle Sorbetto Jars took a back seat following their unfortunate incident, we were able to launch three other Jars that were on last week’s roadmap:
DinoSwap’s DINO-USD and DINO-WETH Jars went live, offering very attractive APY %s in the 3–4,000% range in the Farm.
We also launched ShapeShift’s FOX-ETH Jar which also has a tasty APY in the 6–800% range.
These Jars were launched to provide a greater range of options to users of Pickle Finance — everything from solid Stablecoin yields to higher APY P2 strategies. We always look out for solid Jar opportunities so if you have suggestions, feel free to make them here: https://feedback.pickle.finance/
We also had a bit of fun with NFTs this week, with a Pickle-Rick inspired trilogy. The final instalment will be airdropped to those that own the first two in this series (ie DILL DAY NFTs #5 and #6), PLUS own two other Pickle NFTs from the official collection.
Onto this week
The symbiotic Alchemix alETH Jar has not been forgotten - it was planned for last week, but we completed a few more rounds of testing and are now happy to move ahead. So it will appear this week, along with this awesome NFT from Fennec.
We’ll also be releasing a Jar for TrueFi’s TRU-ETH LP pair which just launched on SushiSwap with a dual rewards farm.
And finally on the topic of Jars, we’re investing development time into exploring an innovative new approach that would allow us to cater for strategies that include lock or vesting periods … early days but we’ve made promising progress. Once this approach is finalized it will open many new opportunities in areas that have previously been out of reach.
A somewhat confronting tweet last month got us to thinking about our reliance on this very platform (Medium) as our primary method, outside of Twitter/Discord/Telegram, of communicating updates and creating reference material. The removal of Alchemix’s blog at a critical time for them is a good illustration of the risks.
So we have been designing and developing our own in-house, self-hosted blog that will in time become our future home for content and updates.
After the new app is launched of course 😅
The topic of backscratchers came up this week and we are in discussions with a couple of projects about developing one for them, with the aim of long term collaboration. We’ll hopefully release more news soon.
New chain, who dis?
That’s right, the time has come to broaden Pickle’s reach further and expand onto our third chain.
Following the success of our Polygon launch, we have been scoping others — those established, those up and coming … and had a few discussions with the relevant teams along the way.
We’ve landed on one that falls into the ‘up and coming’ category and are super excited to get things moving on that this week! Again, more news and hopefully a reveal to come soon …
PICKLE SURVEY — PLEASE COMPLETE! 🙏
Here’s the survey link again to save you scrolling back up — would really appreciate a few minutes of your time 💚
See you in the #DILLDAO