Rank #1739
PICKLE Pickle Finance
PICKLE Price
$1.13580
+10.28% Market Cap
$2.17M
24H Volume
$1.59K
Circ Supply
1.91M
Pickle Finance Info
It is described that the project is to distribute $PICKLEs to liquidity providers of four stablecoin pools: DAI/ETH USDC/ETH USDT/ETH sUSD/ETH
It is claimed that more rewards are given to below-peg stablecoin pools and fewer rewards are given to above-peg stablecoin pools. This gets people to sell above-peg stablecoins and buy below-peg stablecoins. Pickle will also give rewards to an ETH-PICKLE pool. This takes care of the case where all stablecoins are above peg. There will likely be other pools as well.
Pickle Finance News
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