Pickle Finance

Jul 21, 2021

4 min read

Pickle Press w/c July 19th

The week that was

  1. MAI-QI from QiDao: Polygon, TVL $85k, APY 615%
  2. IS3USD from Iron Finance: Polygon, TVL $3m, APY 33%
  3. D4 by Saddle Finance: Ethereum, TVL $1.75m, APY 32% — plus an exclusive NFT by our resident artist fennec for the first 50 depositors (still a few slots left at the time of publishing this!)
fennec NFT

We distributed 5,190 $PICKLE to DILL holders and burned another 44k $CORN (reaching 13% of total).

Source: https://duneanalytics.com/0xBoxer/-corn

We moved $300k from the Pickle Treasury to BasketDao’s BMI Index:

We worked with The Graph to fully decentralize our Ethereum application!

The Graph

The DILLDAO were also busy this week. [PIP-39] passed and the process of appointing a Committee on Continuing Operations and Compensation is underway in our Discord.

Two members in particular have put in an amazing amount of time and effort into a super comprehensive guide to Pickle. bwar and Sevenz, we thank you! Visit here: https://docs.pickle.finance 💚

#wear2defi

As mentioned in the announcement, the merch will be updated with the new Pickle branding once that is released …

Talking of which …

Upon release, we will be releasing a brand new website landing page, which will replace the rather bare looking https://pickle.finance/.

Rebrand launch will happen this week!

The app itself will take a bit longer to finalise and will be released once ready in coming weeks.

Farewell also to the website header ….

Saddle up, Alchemix

Oh and we may also have another exclusive NFT waiting for launch …

Alchemix alETH NFT

Abracadabra — new Jars appear!

We are also in discussion with the team there about using Jar tokens as collateral, allowing users to borrow MIM. Watch this space for developments …

The supporting cast

Some of these things may not end up seeing the light of day, but the team is always at capacity experimenting, discussing and developing — often in the shadows.

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Until next week, Pickle Poppers