Pickle Finance Docs
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  • 👋Intro to Pickle Finance
  • Where does Pickle Finance operate?
  • What types of Jars does Pickle have?
  • Risks of Yield Farming
  • Contributing to Pickle Finance
  • 🍯 Pickle Jars
  • Intro to Pickle Jars
  • Current Jar Strategies
    • Ethereum Network Jars
    • Polygon Network Jars
    • Arbitrum Network Jars
  • Fees
  • The Jar APY - The Math Behind Compounding
  • 🚜Farms
  • Introduction
  • Farm Weights
  • Farm APR Explained
  • Jars and Farms Walkthrough
  • Security
    • Audits and Timelock
      • Smart Contract Audits
      • Timelocks & Multisig
  • PICKLE Token
    • How to get $PICKLE
    • Tokenomics and Emission Schedule
    • Uses of $PICKLE
  • 🥒$DILL
    • What is $DILL?
    • Benefits of $DILL
    • $DILL and Governance
  • 🌽$CORN
    • What is $CORN?
  • 🙋FAQs
  • Main FAQ
  • Appendix C - Previous Docs
    • Old Docs
      • Pickle Jar Strategies
      • Navigating Pickle Jars & Pickle Farms
      • What are Pickle Jars?
      • Fees
      • Security
      • Emission Schedule
      • General
      • PICKLE/ETH Farm
      • Lock PICKLEs for DILL
        • Deposit into Pickle Jars
        • Farm Weight Voting
      • Farm with your pTokens
      • Farm Weights
      • Boosted Rewards
      • What are Pickle Farms?
      • pJar 0.99
      • pJar 0.88 (Inactive)
      • pJar 0.69 (Inactive)
      • pJar 0.00
      • Pickle Jar Strategies
      • What are Pickle Jars?
      • Revenue Sharing
      • DILL Governance
      • DILL Vote Locking
      • How to Get PICKLEs
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Intro to Pickle Jars

How the magic jars work

PreviousContributing to Pickle FinanceNextCurrent Jar Strategies

Last updated 3 years ago

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Pickle Jars

  • Pickle Jars sell off the reward token from underlying pools.

  • It exchanges those reward tokens for more of the tokens comprising those pools.

  • It then deposits those tokens back into the pool, compounding your returns.

Pickle Finance engages in several strategies, but most work in a similar fashion. In general, our strategies work by allowing a user to deposit their own funds into a liquidity pool, lending protocol, or staking mechanism. The user then deposits those tokens (representing their share of the liquidity pool or other asset) into a pickle jar. They will receive a pToken in return, representing their share of ownership over the jar. As the underlying strategies earn rewards, the pickle jar will claim and sell these rewards, exchanging them for more of the original asset, and depositing them back into the strategy. In this way, reward tokens compound your initial investment.

In general, users will not see their number of pTokens change at all, however, the number of underlying tokens representing their share of the liquidity pools will go up.

How-to .

navigating jars & farms page