About

Pickle Finance is a yield aggregator that auto-compounds yields from other protocols by implementing strategies that help identify rewarding opportunities, accumulate rewards, and reinvest the rewards to earn more from the underlying asset of the strategy. This is made possible through the Pickle Jars and Farms feature of the protocol. It gives users the convenience of a “set and forget” functionality that is both gas and time-efficient.

History

Pickle was founded in September 2020 by 4 anonymous Developers, with the initial aim of helping to bring stablecoins closer to their pegs by incentivizing participants to sell above-peg stablecoins and purchase below-peg ones. However, it recently pivoted its vision and has since expanded its focus to carter for more yield-generating assets across DeFi protocols. The protocol launched on the Ethereum Mainnet but has since expanded to the Polygon, Arbitrum, Moonriver, and Aurora networks, in furtherance of its mission to be a multi-chain protocol.