Nick Chong · 10 hours ago · 2 min read
Read the latest › ETH 2.0
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Nick Chong · 1 day ago · 2 min read
Shaurya Malwa · 2 weeks ago · 2 min read
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.
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 · 1 month 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 · 1 month ago · 2 min read
Last week, the decentralized exchange Uniswap shocked the crypto world when it released its own token, UNI.Nick Chong · 1 month ago · 2 min read
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