$10.3437 -16.94%
Rank 2414

PICKLE Price Chart

1H +5.5%
24H -16.94%
7D -19.53%

What is Pickle Finance?

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 Network & Signals

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