Pickle Finance Release Sushiswap Jars - Decentralise #63
The Yearn Ecosystem Projects Grow Closer
Pickle Finance Release Sushiswap Jars
Today Pickle Finance released five new jars utilising Sushiswap.
Users will be able to earn PICKLE with their ETH, YFI, WBTC, USDC and USDT Sushiswap Liquidity Pool tokens.
The new jars have been named pJar 0.99.
Here’s the incentivisation breakdown:
pSUSHIDAI (Sushi ETH/DAI LP): 4%
pSUSHIUSDC (Sushi ETH/USDC LP): 4%
pSUSHIUSDT (Sushi ETH/USDT LP): 4%
pSUSHIWBTC (Sushi ETH/WBTC LP): 5%
pSUSHIYFI (Sushi ETH/YFI LP): 6%
The Yearn Ecosystem
There has been a lot of confusion regarding where the project is going, and whether the new partnership with the Yearn Finance Ecosystem is positive for Pickle.
From my own close experience the Yearn partnership has been a lifeline, with the Yearn guys putting in the hours with new code and audits.
The big update that will see Pickle jars integrated into Yearn, as well as Pickle locking for boosts and a new governance token DILL is expected to have completed audit any day now.
Today’s announcement shows that close links are being formed between the wider Yearn communities and that the ecosystem is strengthening. While nothing has been officially announced yet, I’m also expecting the Sushiswap community to incentivise PICKLE in the upcoming Onsen release following informal chats in the Discord.
Community members weren’t happy to hear that two core devs were taking a break from the project, but today’s new jars from recent acquisition 0xkoffee show that Pickle is in capable hands.
I’m also constantly impressed by the community spirit and leadership from Larry the Cucumber, who recently gave up his 2% dev fund in order to help those affected by the hack.
Check out the interview Larry did with Decentralise here.
Conclusion
I’m a big fan of both Pickle and Sushiswap and pleased to see the two projects integrating. Pickle’s new jars demonstrate the project is still in capable hands and moving forwards in this new chapter.
I’m going to be keeping a close eye on further cross-collaborations between the Yearn Finance Ecosystem projects in the coming weeks.
Join the Pickle and Sushiswap communities.
Decentralise is sponsored by PieDAO, community-governed tokenised portfolios.
PieDAO’s upcoming PieVault YPIE contains both PICKLE and SUSHI, with active farming, lending and meta-governance. You can mint it gas-free via Oven through the beta site. Learn more about PieVaults here.