Priyeshu Garg · 12 hours ago · 2 min read
Read the latest › ETH 2.0
Read the latest › Regulation
Nick Chong · 2 weeks ago · 2 min read
Shaurya Malwa · 4 hours ago · 2 min read
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.Start Earning Interest
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.
Call it a hack or call it an exploit, yesterday an unknown attacker managed to drain $20 million from an Ethereum-based yield aggregator called Pickle Finance into their own address.Nick Chong · 2 months ago · 2 min read
If you’ve been following decentralized finance at all over recent weeks, you likely know of the so-called “food coins.” It ostensibly began with Yam Finance, an Ethereum-based coin that introduced the idea of “fair farming” or “stakedrops” to DeFi, along with the concept of having cryptocurrencies branded by emojis of food items.Nick Chong · 4 months ago · 2 min read
It appears that decentralized finance (DeFi) has not peaked despite a deluge of scammy projects and clear copy-cats of popular protocols.Nick Chong · 4 months ago · 2 min read
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