Pickle Finance Overview
- What is Pickle Finance?
Pickle Finance is a yield aggregator platform that helps yield farmers to earn maximum profits by utilizing different Defi protocols and techniques for higher returns, while also saving their time and gas fees which are required for frequent compounding.
- Main Features
- Auto-compounding rewardsYield Aggregation for StablecoinsGoverned by its communitySimplified Yield GenerationEarn $PICKLE tokens as rewards
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Frequently asked questions
A Jar in Pickle Finance refers to a user's LP (liquidity provider) position that is auto-compounded to maximize yields. On the other hand, a Farm in Pickle Finance refers to a yield farming opportunity that provides an extra boost to yields through Pickle token rewards. Users can deposit into a Jar by providing liquidity to a specific pool and allowing their tokens to be auto-compounded.
The PICKLE token is used for governance and rewards in Pickle Finance. Users can stake their PICKLE tokens as DILL to earn a share of the protocol's revenues and have a say in how Pickle Finance is run. Additionally, PICKLE tokens are used to provide rewards in Pickle Farms, which boost the yield for users.
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