# What types of Jars does Pickle have? Pickle Finance has Pickle Jars for several different underlying protocols. The most common underlying protocols that Pickle helps users compound the rewards for are liquidity pools. These liquidity pools may exist on Curve, Uniswap, Sushiswap, or elsewhere, but these liquidity pools are often providing liquidity for very different protocols and tokens. Pickle Finance prefers to offer Pickle Jars only for protocols that we think are good ideas, have longevity, and are likely to succeed at growing their platforms. There are a few main types of DeFi platforms that may be included in these liquidity pools. We will discuss these below. ### Lending Platforms Lending Platforms like AAVE, Liquidity, or Alchemix, lend out user’s deposits to generate yield, returning much of that yield to the user in one way or another. Pickle Finance may have Pickle Jars for compounding liquidity pools based on platforms like these. ### Liquidity Pools A liquidity pool is a smart contract that acts as an Automated Market Maker (AMM), trading both sides of any pair of coins. Liquidity pools make money for their depositors when those tokens oscillate up and down in value, allowing the pool to collect trading fees over a long period of time. The user also profits if the value of the tokens goes up. Liquidity Pools are a staple feature of Decentralized Finance, and are worth a deeper look into how they work. While there are a few different formulas in use for these pools, the general concepts are the same. A user deposits a ratio of two (or more) tokens (for example, Dai and Ethereum). The pool does not know an official price for the two tokens. The pool only knows that it currently holds some number of each token and that they are in some targeted ratio to each other. When the market prices of these tokens change on other exchanges, arbitrageurs will come and trade with the pool, either buying the tokens from the pool when the market price is higher than the pool price, or selling the tokens to the pool where the market price is lower than the pool price. For example, if the price of Ethereum goes up on centralized exchanges, an arbitrageur will come and buy some Ethereum from the pool, paying in Dai. This adds Dai to the pool (the buyer has paid in Dai), and removes Ethereum from the pool (the buyer has purchased Ethereum). The pool recognizes the change in the ratio of its tokens and adjusts the price accordingly. The important thing to note here is that as one of the tokens goes up in value, traders will come and buy that token from the liquidity pool. As a token drops in value, traders will come and sell that token to the pool. In effect, a liquidity pool will always **“buy the dip” and “sell the top”**. It will buy more of the token that is falling, and sell more of the token that is rising. Users should consider providing liquidity for a pool when they are neutral or bullish on all tokens in the pool, are uncertain which token will outperform the other, and accept that they will not achieve huge profits if only one of those tokens goes sharply up. ### Other types of investments There are many other types of DeFi projects, with new classes entering the market almost every day. The majority of these projects will generate yield either via a lending platform, a liquidity pool, or a staking mechanism, but all of these options can include, depend on, or be exposed to tokens from almost any type of project. One example of an asset class that Pickle Finance provides liquidity to are synthetic stocks, or “Synths”. Synths replicate real-world stocks on the blockchain, enabling them to be traded like any other token. With each new class of investment being created, users are encouraged to really dig down and do their research to determine whether the investment fits their personal risk tolerance. # Risks of Yield Farming ### Introduction Yield Farming, and DeFi in general, contains risk. There are many different types of risks, and as a participant in this space it is your duty to be as aware of these as possible. This is not an exhaustive list, but the most common or notable risks associated with Decentralized Finance. * You could lose your keys or get hacked. * The protocol could get hacked * A lending platform could be hit by a wave of defaults * A stablecoin could lose its peg and become not-so-stable. * Liquidity Pools are advanced (but important) topics and you should fully understand them. * Any project, or any Liquidity Pool with that project’s token, could turn out to be a rug-pull or scam. ### Losing your Keys / Getting Hacked Losing your seed phrase, private key, or getting hacked and having those critical credentials stolen are risks that anyone involved in DeFi or Cryptocurrencies more generally should be aware of. The loss of these credentials will cause you to permanently lose access to all of your funds, with absolutely no method to reclaim them. Much has been written about these topics, and we encourage all of our users to do their research on how best to protect themselves against permanent and catastrophic loss. ### Protocol Hacks Any protocol can be hacked. Savvy hackers can analyze a contract for any opportunity to steal funds. Users should be aware that while Pickle Finance is audited and takes every possible step to secure user funds, the unthinkable can and has happened throughout the DeFi ecosystem. Pickle Finance is currently working on a “Safety Module” / insurance program to help insure against losses. It is not yet released, however, even when it is released and fully functional, there is no guarantee all funds will be returned in a timely manner. ### Lending Platforms and Defaults Lending Platforms make loans to other customers, usually based on some deposited collateral. If the value of the collateral drops below a certain Loan-To-Value ratio, these lending platforms will engage several mechanisms to liquidate the collateral and reclaim the value. Each lending platform may perform this task differently, and each platform may be more or less subject to losses during bear markets. Users are encouraged to be aware of which lending platform they are interacting with, become familiar with their liquidation procedures, and decide if they are comfortable with the liquidation procedures or the trustworthiness of the platform generally. While most lending platforms today have procedures that can withstand even significant market downturns, each of these platforms may be affected differently by flash crashes or severe downturns. ### Stablecoins - Loss of Peg Whether they are involved in a liquidity pool or just a general stablecoin lending platform investment, users should be aware that all stablecoins may theoretically be at risk of going off peg for a period of time. This “loss of peg” occurs when the stablecoin fails to maintain the value it is designed to match. If a stablecoin fails to maintain peg, or fails to quickly regain peg after such an occurrence, the token may begin to lose favor in the marketplace or depreciate rapidly. When involved in any stablecoin investment, users should be aware of how the stablecoin works, what the collateral or reserves in its treasury are used for, and the mechanism the token uses to maintain its peg. Investing in all stablecoins carry some level of risk. Investing in novel stablecoins with untested mechanisms to maintain their peg likely carries more. ### Liquidity Pools: ~~Impermanent Loss~~ Divergence Loss Divergence Loss is the much more accurate name for what many are calling “Impermanent Loss”, and is defined as “the difference in profit between holding an asset versus providing liquidity in that asset.” In short, Divergence Loss is how much you make (or lose) when joining a liquidity pool for two tokens, compared to how much loss or gain you would have had if you had simply held the tokens directly. The reason this is appropriately called “Divergence Loss” is because this difference in value gets larger as tokens diverge from each other compared to when liquidity was initially provided. The more two tokens move relative to each other, the larger the difference in value between holding the tokens versus providing liquidity to those tokens.
As a quick example, take the case of a user that has $500 in ethereum, and $500 in DAI. If Ethereum goes up 500%, and DAI stays flat (as stablecoins do), simply holding these tokens would result in the user having $3000 in Ethereum, and $500 in DAI, for **a total value of $3500** and **a gain of $2500** (or 250%). If, on the other hand, the user deposits these tokens into a DAI-ETH liquidity pool, the user would have a total value of only **$2482.47**, representing a gain of **$1482.47** (or 148%). The DIFFERENCE of these two values is the divergence loss. In the above case, the user has experienced a **divergence loss of $1017.53**. Divergence loss does not imply a real loss has occurred (but it also does not mean a real loss has NOT occurred either). Any losses other than one calculated as above **is not** an “Impermanent Loss” or a “Divergence Loss”. They are more likely to be a loss in “Opportunity Cost” (“I had money in Pickle-Eth liquidity pool, but if I had only ETH I would have made way more money!”) or normal losses on tokens depreciating (both Pickle and ETH dropped and I lost money). Remember, Divergence Loss is **the difference in profit of holding tokens versus providing liquidity for those tokens.** Divergence loss is directly caused by the liquidity pool function of “buying the dip” and “selling the pop”. As a token goes sharply up, the liquidity pool is selling it (and thus, not capturing the full rise of the token). As a token goes sharply down, a liquidity pool is buying more of it (and buying the dip when more dips are coming can lead to larger losses). This does not mean Liquidity Pools are bad investments. It just means that investors should be confident in your choice of which pools and which tokens you want to provide liquidity to. You should also stay vigilant for developments in these tokens and know under what circumstances you would no longer be willing to provide liquidity for the pair. In short, if you like both tokens, and want to buy the dips and sell the pops, and get paid fees to do so, a liquidity pool might be right for you. ### Liquidity Pools: Normal Losses On Tokens When entering a liquidity pool, your losses are not limited to “Divergence Loss”. While “Divergence Loss” is defined as the difference between holding two tokens and providing liquidity for them, normal losses on tokens also occur. If you simply held the equal value of two tokens outside of a liquidity pool (for example, $500 worth of DAI and $500 worth of ETH), and one of them drops by 50%, you will lose 25% of your investment. If both tokens drop, you may lose more. The same is true when you provide liquidity for a pair. Your tokens may lose value and you may experience losses. ### Liquidity Pools: Getting Rugged Users should be aware that losses in a liquidity pool are not limited to only the “volatile” token. Some users believe that investing in a liquidity pool consisting of a volatile token paired with a stablecoin limits their losses to only half of their investment. This is not true. Because a liquidity pool will consistently “buy the dip”, if a user enters a **stablecoin-shitcoin** liquidity pool, and one token enters a downward spiral to zero, the users entire investment is likely to be held in that decreasing coin. The liquidity pool will buy the dip over and over and over until all of its funds are either gone or invested in a coin that is headed to zero. Users should not be scared of liquidity pools in their entirety, but rather should carefully analyze the tokens they are investing in and whether one of those tokens may be subject to such a downward spiral. # Contributing to Pickle Finance ## Contributing Contributing to a community can take many shapes, and is only limited by your imagination. The first and most common contribution is by joining the community where they are: on the Discord server. By hanging out, joining in discussions, and learning yourself, you will eventually be in a position to answer the questions you had, or you saw others had, to newcomers later on. This is a big help to the community and keeps us able to assimilate new users at a fast rate. Another common way to contribute is pointing out bugs on the site to moderators or devs in the Discord server. The engineers are busy developing new strategies, building partnerships, and trying to push the protocol forward, so a lot of small bugs or problems that develop over time may go unnoticed for a while. You can help by pointing them out to us.
If you are a developer yourself, you can always provide patches or solutions to the problems others mention. You can start by going to our github, browsing the code, or even trying to run it locally. Most people would start with the ui (
But even non-developers can browse the github contracts repository / README.md or learn how to query contracts, and pass on that knowledge to the community. It might be a bit daunting at first, but eventually everyone learns how to query contracts through etherscan to see how their LP tokens are growing at one time or another ;)
Beyond that, the options are really limitless. You can help suggest partnerships with other protocols, make introductions, or go be an evangelist in other discord servers for how great Pickle is. Memes, artwork, and NFTs are also always appreciated. And above all, be friendly, thoughtful, and helpful.
These are some of the ways you can contribute. # Intro to Pickle Jars How the magic jars work ## 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](/appendix-c-previous-docs/old-docs/navigating-the-jars-and-farm-site). # Current Jar Strategies ### Current Strategies A full list of pickle jars can be found at[ https://app.pickle.finance/jars](https://app.pickle.finance/jars). This list of jars will change depending on which network you are connected to (Ethereum Mainnet vs Polygon) Each PickleJar employs a Strategy contract to earn yield for its depositors. In these documents, we explore the types of Strategies being employed and how these work under the hood. All Strategy contracts are being developed under the [src/strategies](https://github.com/pickle-finance/protocol/tree/master/src/strategies) directory of the protocol repository. For a listing of all currently deployed Strategy contracts, see the [contracts repository](https://github.com/pickle-finance/contracts). ### List of Jars Follow these links to see the currently active pickle jars, and a short description of each, for the network of your choice. * [Ethereum Mainnet Jars](/current-jar-strategies/ethereum-network-jars) * [Polygon Network Jars](/current-jar-strategies/polygon-network-jars)\
## # Ethereum Network Jars **pJar 0a**: A Curve strategy for [sUSDv2 pool](https://www.curve.fi/susdv2/deposit) (sUSDv2 pool employs a basket of 4 stablecoins to peg to US$1 and the switching between them to be stable at $1, learn more about [sUSD](https://docs.synthetix.io/litepaper)). CRV reward is reinvested for more LP.\ \ **Social Media:** [Discord](https://discord.gg/9uEHakc) / [Telegram](https://t.me/curvefi) **How to obtain**: \ Depositing **USDC/USDT/DAI/sUSD** in Curve's[ sUSD pool](https://www.curve.fi/susdv2/deposit) (don’t stake)\ Zap using Zapper’s [**sUSD pool**](https://zapper.fi/invest?appId=curve\&contractAddress=0xa5407eae9ba41422680e2e00537571bcc53efbfd\&modal=pool-deposit). **Risks**: * Smart contract issues with Curve * Smart contract issues with Pickle * Systemic issues with the stable coins in those pools (does not peg to $1) * Systemic issues with Synthetix (when staking) **pJar 0b**: A Curve strategy for[ renBTC pool](https://www.curve.fi/ren/deposit) (renBTC pool employs a basket of renBTC and WBTC to peg to 1BTC. Learn more about[ renVM](https://github.com/renproject/ren/wiki#tldr) and[ WBTC](https://wbtc.network/)). CRV reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/9uEHakc) / [Telegram](https://t.me/curvefi) **How to obtain**:\ Depositing **renBTC / wBTC** in Curve's[ renBTC pool](https://www.curve.fi/ren/deposit) (don’t stake)\ Zap using Zapper’s [**renBTC pool**](https://zapper.fi/invest?appId=curve\&contractAddress=0x93054188d876f558f4a66b2ef1d97d16edf0895b\&modal=pool-deposit). **Risks**: * Smart contract issues with Curve * Smart contract issues with Pickle * Systemic issues with renBTC or wBTC (does not peg to 1BTC) **pJar 0c**: A Curve strategy for[ 3poolCRV pool](https://www.curve.fi/3pool/deposit) (3poolCRV pool employs the 3 most popular stablecoins to peg to US$1 and the switching between them to be stable at $1, learn more about[ DAI](https://makerdao.com/en/),[ USDC](https://www.circle.com/en/usdc), and[ USDT](https://tether.to/)). CRV reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/9uEHakc) / [Telegram\
](https://t.me/curvefi)**How to obtain**:\ Depositing **USDC/USDT/DAI** in Curve's [3pool](https://www.curve.fi/3pool/deposit) (don’t stake).\ Zap using Zapper’s [**3pool Curve**](https://zapper.fi/invest?appId=curve\&contractAddress=0xbebc44782c7db0a1a60cb6fe97d0b483032ff1c7\&modal=pool-deposit).\ \ **Risks**: * Smart contract issues with Curve * Smart contract issues with Pickle * Systemic issues with the stable coins in those pools (does not peg to $1) **pJar 0d**: A Convex strategy for[ stETH pool](https://www.curve.fi/steth/deposit) (stETH pool aims to peg the staked ETH in LIDO to 1 ETH and making stETH liquid. Learn more about[ LIDO](https://www.lido.fi/)). CVX, LIDO and CRV reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/uAwvZfs9qU) / [Telegram\
](https://t.me/convexEthChat)**How to obtain**:\ Depositing **ETH/stETH** in Curve's[ stETH pool](https://www.curve.fi/steth/deposit).\ Zap using Zapper’s [**stETH pool**](https://zapper.fi/invest?appId=curve\&contractAddress=0xdc24316b9ae028f1497c275eb9192a3ea0f67022\&modal=pool-deposit)**.**\ \ **Risks:** * Smart contract issues with Curve * Smart contract issues with LIDO * Smart contract issues with Pickle * stETH is not pegged to 1ETH \ **pJar 0.98s**: a Saddle strategy for [alETH pool](https://saddle.exchange/#/pools/aleth/deposit) (alETH pool aims to peg alETH from Alchemix to peg to 1 ETH and making alETH liquid. Learn more about alETH). This symbiotic jar reinvests the ALCX reward and stake it in the ALCX single pool.\ \ **Social Media**: [Discord](https://discord.gg/zAd6dzgwaj)\ \ **How to obtain**:\ Deposit **ETH/alETH** in Saddle's [alETH pool](https://saddle.exchange/#/pools/aleth/deposit) **Risks:** * Smart contract issues with Saddle * Smart contract issues with Alchemix * Smart contract issues with Pickle * alETH is not pegged to 1ETH **pJar 0.98l**: a Liquity strategy for LQTY staking. LQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. You can read more about LQTY and Liquity [here](https://docs.liquity.org/). **Social Media**: [Discord](https://discord.gg/2up5U32) **How to obtain**:\ Deposit LQTY in the pickle jar 0.98l **Risks:** * Smart contract or other issues with Liquity front end operator * Smart contract issues with Liquity * Smart contract issues with Pickle \ **pJar 0.99a**: A Sushiswap strategy for [ETH/DAI](https://app.sushi.com/add/0x6b175474e89094c44da98b954eedeac495271d0f/ETH) (an LP of ETH/[DAI](https://makerdao.com/en/)). SUSHI reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/CD2YdZzb7Z)\ \ **How to obtain**:\ Deposit **ETH and DAI** at 50-50 rate in Sushiswap’s [ETH/DAI](https://app.sushi.com/add/0x6b175474e89094c44da98b954eedeac495271d0f/ETH) pool.\ Zap using Zapper’s [**ETH/DAI**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0xc3d03e4f041fd4cd388c549ee2a29a9e5075882f\&modal=pool-deposit) pool.[\
](https://discord.gg/CD2YdZzb7Z)**Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle * DAI does not peg to $1
**pJar 0.99b**: A Sushiswap strategy for [ETH/USDC](https://app.sushi.com/add/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48/ETH) (an LP of ETH/[USDC](https://www.circle.com/en/usdc)). SUSHI reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/CD2YdZzb7Z) **How to obtain**:\ \ Deposit **ETH and USDC** at 50-50 rate in Sushiswap’s [ETH/USDC](https://app.sushi.com/add/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48/ETH) pool.\ Zap using Zapper’s [**ETH/USDC**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0x397ff1542f962076d0bfe58ea045ffa2d347aca0\&modal=pool-deposit) pool.\ \ **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle * USDC does not peg to $1
**pJar 0.99c**: A Sushiswap strategy for [ETH/USDT](https://app.sushi.com/#/add/ETH/0xdac17f958d2ee523a2206206994597c13d831ec7) (an LP of ETH/[USDT](https://tether.to/)). SUSHI reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/CD2YdZzb7Z) **How to obtain**:\ Deposit **ETH and USDT** at 50-50 rate in Sushiswap’s [ETH/USDT](https://app.sushi.com/#/add/ETH/0xdac17f958d2ee523a2206206994597c13d831ec7) pool.\ Zap using Zapper’s [**ETH/USDT**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0x06da0fd433c1a5d7a4faa01111c044910a184553\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle * USDT does not peg to $1
**pJar 0.99d**: A Sushiswap strategy for [ETH/WBTC](https://app.sushi.com/#/add/0x2260fac5e5542a773aa44fbcfedf7c193bc2c599/ETH) (an LP of ETH/[WBTC](https://wbtc.network/)). SUSHI reward is reinvested for more LP.\ \ **Social Media**: [Discord\
](https://discord.gg/CD2YdZzb7Z)**How to obtain**:\ Deposit **ETH and USDC** at 50-50 rate in Sushiswap’s [ETH/WBTC](https://app.sushi.com/#/add/0x2260fac5e5542a773aa44fbcfedf7c193bc2c599/ETH) pool.\ Zap using Zapper’s [**ETH/WBTC**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0xceff51756c56ceffca006cd410b03ffc46dd3a58\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle * WBTC does not peg to 1 BTC
**pJar 0.99e**: A Sushiswap strategy for [ETH/YFI](https://app.sushi.com/#/add/0x0bc529c00C6401aEF6D220BE8C6Ea1667F6Ad93e/ETH) (an LP of ETH/YFI. YFI is[ yearn.finance](https://yearn.finance/) governance token). SUSHI reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/CD2YdZzb7Z) **How to obtain**:\ Deposit **ETH and YFI** at 50-50 rate in Sushiswap’s [ETH/YFI](https://app.sushi.com/#/add/0x0bc529c00C6401aEF6D220BE8C6Ea1667F6Ad93e/ETH) pool.\ Zap using Zapper’s [**ETH/YFI**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0x088ee5007c98a9677165d78dd2109ae4a3d04d0c\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle
**pJar 0.99f1**: A Uniswap strategy for [ETH/FOX](https://app.uniswap.org/#/add/v2/0xc770EEfAd204B5180dF6a14Ee197D99d808ee52d/ETH) (an LP of ETH/FOX. FOX is Shapeshift's governance token). FOX reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discordapp.com/invite/dVVkMhb) / [Telegram](https://t.me/shapeshiftofficial) **How to obtain**:\ Deposit **ETH and FOX** at 50-50 rate in Sushiswap’s [ETH/FOX](https://app.uniswap.org/#/add/v2/0xc770EEfAd204B5180dF6a14Ee197D99d808ee52d/ETH) pool.\ Zap using Zapper’s [**ETH/FOX**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x470e8de2ebaef52014a47cb5e6af86884947f08c\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle
**pJar 0.99k**: A Uniswap V2 strategy for [UST/MIR](https://app.uniswap.org/#/add/v2/0x09a3ecafa817268f77be1283176b946c4ff2e608/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) (an Uniswap V2 of UST/MIR. UST is the stablecoin in[ Terra network](https://terra.money/#1) while[ MIR](https://docs.mirror.finance/protocol/mirror-token-mir) is the governance token of Mirror protocol.) MIR reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/KYC22sngFn) / [Telegram\
](https://t.me/mirror_protocol)**How to obtain**:\ Deposit **UST and MIR** at 50-50 rate in Uniswap’s V2 [UST/MIR](https://app.uniswap.org/#/add/v2/0x09a3ecafa817268f77be1283176b946c4ff2e608/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) pool.\ Zap using Zapper’s [**UST/MIR**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x87da823b6fc8eb8575a235a824690fda94674c88\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Mirror * UST does not peg to $1 **pJar 0.99l**: a Mirrored TSLA (mAsset) strategy for [UST/MTSLA](https://app.uniswap.org/#/add/v2/0x21cA39943E91d704678F5D00b6616650F066fD63/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) (an Uniswap V2 LP of UST:MTSLA). MTSLA is a mirrored[ Tesla Inc. Common Stock](https://www.nasdaq.com/market-activity/stocks/tsla), using decentralized oracles from Band protocol, which updates every 15 seconds on the Band chain. Read more[ here](https://medium.com/mirror-protocol/mirror-protocol-partners-with-band-protocol-to-secure-issuance-of-synthetic-stocks-and-etfs-1a12181b6cdc). MIR reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/KYC22sngFn) / [Telegram\
](https://t.me/mirror_protocol)**How to obtain**:\ Deposit **UST and MTSLA** at 50-50 rate in Uniswap’s V2 [UST/MTSLA](https://app.uniswap.org/#/add/v2/0x21cA39943E91d704678F5D00b6616650F066fD63/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) pool.\ Zap using Zapper’s [**UST/MTSLA**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x5233349957586a8207c52693a959483f9aeaa50c\&modal=pool-deposit) pool.\ \ Risks: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Mirror * UST does not peg to $1 * MTSLA does not peg to TSLA stock **pJar 0.99m**: a Mirrored APPL (mAsset) strategy for [UST/MAAPL](https://app.uniswap.org/#/add/v2/0xd36932143F6eBDEDD872D5Fb0651f4B72Fd15a84/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) (an Uniswap V2 LP of UST:MAAPL). MAAPL is a mirrored[ Apple Inc. Common Stock](https://www.nasdaq.com/market-activity/stocks/aapl). MIR reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/KYC22sngFn) / [Telegram](https://t.me/mirror_protocol) **How to obtain**:\ Deposit **UST and MAAPL** at 50-50 rate in Uniswap’s V2 [UST/MAAPL](https://app.uniswap.org/#/add/v2/0xd36932143F6eBDEDD872D5Fb0651f4B72Fd15a84/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) pool.\ Zap using Zapper’s [**UST/MAAPL**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0xb022e08adc8ba2de6ba4fecb59c6d502f66e953b\&modal=pool-deposit) pool.\ \ **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Mirror * UST does not peg to $1 * AAPL does not peg to AAPL stock
**pJar 0.99m1**: a Convex strategy for [MIM3CRV](https://curve.fi/mim) (MIM3CRV pool employs a basket of 4 stablecoins to peg to US$1 and the switching between them to be stable at $1, learn more about [MIM](https://docs.abracadabra.money/)). CRV, CVX and SPELL reward is reinvested for more MIM3CRV. **Social Media**: [Discord](https://discord.gg/uAwvZfs9qU) / [Telegram](https://t.me/convexEthChat) **How to obtain**:\ Depositing **USDC/USDT/DAI/MIM** in Curve's[ ](https://www.curve.fi/susdv2/deposit)[MIM3CRV](https://curve.fi/mim) (don’t stake)\ Zap using Zapper’s [**MIM pool**](https://zapper.fi/invest?appId=curve\&contractAddress=0x5a6a4d54456819380173272a5e8e9b9904bdf41b\&modal=pool-deposit).\ \ **Risks**: * Smart contract issues with Curve * Smart contract issues with Pickle * Smart contract issues with Abracadabra * Systemic issues with the stable coins in those pools (does not peg to $1)
**pJar 0.99m2**: A Sushiswap strategy for[ ETH/SPELL](https://app.sushi.com/add/ETH/0x090185f2135308BaD17527004364eBcC2D37e5F6) (an LP of ETH/SPELL. [SPELL](https://docs.abracadabra.money/spell-token/tokenomics) is[ ](https://yearn.finance/)Abracadabra's incentivization token). SPELL reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.com/invite/wcsUNxYrFM) / [Twitter](https://twitter.com/MIM_Spell) **How to obtain**:\ Deposit **ETH and SPELL** at 50-50 rate in Sushiswap’s [ETH/SPELL](https://app.sushi.com/add/ETH/0x090185f2135308BaD17527004364eBcC2D37e5F6) pool.\ Zap using Zapper’s [**ETH/SPELL**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0xb5de0c3753b6e1b4dba616db82767f17513e6d4e\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle
**pJar 0.99m3**: A Sushiswap strategy for [ETH/MIM](https://app.sushi.com/add/ETH/0x99D8a9C45b2ecA8864373A26D1459e3Dff1e17F3) (an LP of ETH/MIM). SPELL reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.com/invite/wcsUNxYrFM) / [Twitter](https://twitter.com/MIM_Spell) **How to obtain**:\ Deposit **ETH and MIM** at 50-50 rate in Sushiswap’s [ETH/MIM](https://app.sushi.com/add/ETH/0x99D8a9C45b2ecA8864373A26D1459e3Dff1e17F3) pool.\ Zap using Zapper’s [**ETH/MIM**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0x07d5695a24904cc1b6e3bd57cc7780b90618e3c4\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle
**pJar 0.99n**: a Mirrored QQQ (mAsset) strategy for [UST/MQQQ](https://app.uniswap.org/#/add/v2/0x13B02c8dE71680e71F0820c996E4bE43c2F57d15/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) (an Uniswap V2 LP of UST:MQQQ). MQQQ is a mirrored[ Invesco QQQ Trust](https://www.nasdaq.com/market-activity/funds-and-etfs/qqq). MIR reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/KYC22sngFn) / [Telegram\
](https://t.me/mirror_protocol)**How to obtain**:\ Deposit **UST and MQQQ** at 50-50 rate in Uniswap’s [UST/MQQQ](https://app.uniswap.org/#/add/v2/0x13B02c8dE71680e71F0820c996E4bE43c2F57d15/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) pool.\ Zap using Zapper’s [**UST/MQQQ**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x9e3b47b861b451879d43bba404c35bdfb99f0a6c\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Mirror * UST does not peg to $1 * MQQQ does not peg to QQQ stock **pJar 0.99o**: a Mirrored SLV (mAsset) strategy for [UST/MSLV](https://app.uniswap.org/#/add/v2/0x9d1555d8cB3C846Bb4f7D5B1B1080872c3166676/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) (an Uniswap V2 LP of UST:MSLV) MSLV is a mirrored[ iShare Silver Trust](https://www.nasdaq.com/market-activity/funds-and-etfs/slv). MIR reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/KYC22sngFn) / [Telegram](https://t.me/mirror_protocol) **How to obtain**:\ Deposit **UST and MSLV** at 50-50 rate in Uniswap’s [UST/MSLV](https://app.uniswap.org/#/add/v2/0x9d1555d8cB3C846Bb4f7D5B1B1080872c3166676/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) pool.\ Zap using Zapper’s [**UST/MSLV**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x860425be6ad1345dc7a3e287facbf32b18bc4fae\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Mirror * UST does not peg to $1 * MSLV does not peg to SLV stock **pJar 0.99p**: a Mirrored BABA (mAsset) strategy for [UST/MBABA](https://app.uniswap.org/#/add/v2/0x56aA298a19C93c6801FDde870fA63EF75Cc0aF72/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) (an Uniswap V2 LP of UST:MBABA) MBABA is a mirrored[ Alibaba Group Holding Limited](https://www.nasdaq.com/market-activity/stocks/baba). MIR reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/KYC22sngFn) / [Telegram](https://t.me/mirror_protocol) **How to obtain**:\ Deposit **UST and MSLV** at 50-50 rate in Uniswap’s [UST/MBABA](https://app.uniswap.org/#/add/v2/0x56aA298a19C93c6801FDde870fA63EF75Cc0aF72/0xa47c8bf37f92aBed4A126BDA807A7b7498661acD) pool.\ Zap using Zapper’s [**UST/MBABA**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x676ce85f66adb8d7b8323aeefe17087a3b8cb363\&modal=pool-deposit) pool.\ \ **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Mirror * UST does not peg to $1 * MBABA does not peg to BABA stock \ **pJar 0.99q**: a Sushiswap strategy for [ETH/SUSHI](https://app.sushi.com/add/ETH/0x6B3595068778DD592e39A122f4f5a5cF09C90fE2) (An LP of ETH/SUSHI). SUSHI reward is reinvested for more LP.\ \ **Social Media**: [Discord\
](https://discord.gg/CD2YdZzb7Z)**How to obtain**:\ \ Deposit **ETH and SUSHI** at 50-50 rate in Sushiswap’s [ETH/SUSHI](https://app.sushi.com/add/ETH/0x6B3595068778DD592e39A122f4f5a5cF09C90fE2) pool.\ Zap using Zapper’s [**ETH/SUSHI**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0x795065dcc9f64b5614c407a6efdc400da6221fb0\&modal=pool-deposit) pool.\ \ **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle \ **pJar 0.99r**: an Uniswap V2 strategy for [FEI/TRIBE](https://app.uniswap.org/#/add/v2/0x956f47f50a910163d8bf957cf5846d573e7f87ca/0xc7283b66eb1eb5fb86327f08e1b5816b0720212b) ("FEI is a highly scalable, decentralized, and reserve-backed stablecoin". Read more about FEI[ here](https://medium.com/fei-protocol/what-you-should-know-about-fei-3ccffd4a4bb6). TRIBE is the governance token that manages the protocol). TRIBE reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.com/invite/2prhYdQ5jP) / [Telegram](https://t.me/feiprotocol) **How to obtain**:\ \ Deposit **FEI and TRIBE** at 50-50 rate in Uniswap’s V2 [FEI/TRIBE](https://app.uniswap.org/#/add/v2/0x956f47f50a910163d8bf957cf5846d573e7f87ca/0xc7283b66eb1eb5fb86327f08e1b5816b0720212b) pool.\ Zap using Zapper’s [**FEI/TRIBE**](https://zapper.fi/invest?appId=uniswap-v2\&contractAddress=0x9928e4046d7c6513326ccea028cd3e7a91c7590a\&modal=pool-deposit) pool.\ \ **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with FEI Protocol * FEI does not peg to $1 **pJar 0.99x**: a Sushiswap strategy for [ETH/ALCX](https://app.sushi.com/add/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2/0xdbdb4d16eda451d0503b854cf79d55697f90c8df). ALCX is the governance token for Alchemix Finance. Taken from their website "Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances on your yield farming via a synthetic token that represents a fungible claim on any underlying collateral in the Alchemix protocol.". Read more about Alchemix[ here](https://alchemix-finance.gitbook.io/alchemix-finance/). ALCX and SUSHI reward are reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/zAd6dzgwaj) **How to obtain**:\ \ Deposit **ETH and ALCX** at 50-50 rate in Sushiswap’s [ETH/ALCX](https://app.sushi.com/add/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2/0xdbdb4d16eda451d0503b854cf79d55697f90c8df) pool.\ Zap using Zapper’s [**ETH/ALCX**](https://zapper.fi/invest?appId=sushiswap\&contractAddress=0xc3f279090a47e80990fe3a9c30d24cb117ef91a8\&modal=pool-deposit) pool. **Risks**: * Smart contract issues with Uniswap * Smart contract issues with Pickle * Smart contract issues with Alchemix \ **pJar 0.99y**: a Sushiswap strategy for [ETH/YVBOOST](https://app.sushi.com/add/ETH/0x9d409a0A012CFbA9B15F6D4B36Ac57A46966Ab9a). yvBOOST is the upgraded version of yveCRV, which incorporate the weekly reward from veCRV automatically. SUSHI reward is reinvested for more LP. [Here’s a video showing how yvBOOST works.\
](https://www.youtube.com/watch?v=Ik6GdGYO_x8)**Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram\
](https://t.me/yearnfinance)**How to obtain**:\ \ Deposit **ETH and yvBOOST** at 50-50 rate in Sushiswap’s [ETH/YVBOOST](https://app.sushi.com/add/ETH/0x9d409a0A012CFbA9B15F6D4B36Ac57A46966Ab9a) pool.\ Zap **yveCRV** from [yearn.finance](https://yearn.finance/vaults) automatically into the pickle farm.\ Zap using **ETH or CRV** from [pickle.finance](https://app.pickle.finance/) automatically into the pickle farm.\ Zap using Zapper’s [ETH/YVBOOST](https://zapper.fi/invest?appId=yearn\&contractAddress=0x9d409a0a012cfba9b15f6d4b36ac57a46966ab9a\&modal=pool-deposit) pool\ \ **Risks**: * Smart contract issues with Sushiswap * Smart contract issues with Pickle * Smart contract issues with Curve * Smart contract issues with Yearn **POWERED BY YEARN FINANCE**\ \ **pJar Y-1**: an affiliate strategy with Yearn for v2 USDC vault. Pickle deposits USDC into Yearn v2 USDC vault where strategies from Yearn will seek the highest yield in the market.\ \ **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram\
](https://t.me/yearnfinance)**How to obtain**:\ \ Deposit **USDC** into the pJar Y-1\ \ **Risks**: * Smart contract issues with Pickle * Smart contract issues with Yearn **pJar Y-2**: an affiliate strategy with Yearn for v2 LUSD vault. Pickle deposits LUSD into Yearn v2 LUSD vault where strategies from Yearn will seek the highest yield in the market.\ \ **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram](https://t.me/yearnfinance) **How to obtain**:\ \ Deposit [**crvLUSD**](https://curve.fi/lusd/deposit) into the pJar Y-2 **Risks**: * Smart contract issues with Pickle * Smart contract issues with Yearn * Smart contract issues with Curve * Smart contract issues with Liquity * LUSD does not peg to $1
**pJar Y-3**: an affiliate strategy with Yearn for v2 FraxCRV vault. Frax is an fractional-algorithmic stablecoin. Read more about Frax [here](https://docs.frax.finance/). Pickle deposits FraxCRV into Yearn v2 FraxCRV vault where strategies from Yearn will seek the highest yield in the market.\ \ **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram\
](https://t.me/yearnfinance)**How to obtain**:\ \ Deposit [**FraxCRV**](https://curve.fi/frax/deposit) into the pJar Y-3\ \ **Risks**: * Smart contract issues with Pickle * Smart contract issues with Yearn
**pJar Y-4**: an affiliate strategy with Yearn for v2 Iron Bank CRV vault. Read more about Iron Bank [here](https://creamdotfinance.medium.com/introducing-the-iron-bank-bab9417c9a). Pickle deposits ibCRV into Yearn v2 ibCRV vault where strategies from Yearn will seek the highest yield in the market.\ \ **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram\
](https://t.me/yearnfinance)**How to obtain**:\ \ Deposit [**ibCRV**](https://curve.fi/ib/deposit) into the pJar Y-4\ \ **Risks**: * Smart contract issues with Pickle * Smart contract issues with Yearn # Polygon Network Jars **polyJar 1a:** a Cometh strategy for [USDC/ETH](https://swap.cometh.io/#/add/0x2791bca1f2de4661ed88a30c99a7a9449aa84174/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619) (an LP of wrapped ETH/USDC). MUST (ComentDAO token) reward is reinvested for more LP.\ \ **Social Media**: [Discord](https://discord.gg/mcXn2R2QRx) / [Telegram](https://t.me/cometh_io) **How to obtain**:\ Deposit **WETH and USDC** at 50-50 rate in Cometh’s [USDC/ETH](https://swap.cometh.io/#/add/0x2791bca1f2de4661ed88a30c99a7a9449aa84174/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Cometh * Problems with Polygon Network * USDC does not peg to $1
**polyJar 1b**: a Cometh strategy for [PICKLE/MUST](https://swap.cometh.io/#/add/0x9c78ee466d6cb57a4d01fd887d2b5dfb2d46288f/0x2b88ad57897a8b496595925f43048301c37615da) (an LP of PICKLE/MUST). MUST reward is reinvested for more LP. **Social Media**:\ [Discord](https://discord.gg/mcXn2R2QRx) / [Telegram](https://t.me/cometh_io) **How to obtain**:\ Deposit **PICKLE and MUST** at 50-50 rate in Cometh’s [PICKLE/MUST](https://swap.cometh.io/#/add/0x9c78ee466d6cb57a4d01fd887d2b5dfb2d46288f/0x2b88ad57897a8b496595925f43048301c37615da) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Cometh * Problems with Polygon Network
**polyJar 1c**: a Cometh strategy for [MATIC/MUST](https://swap.cometh.io/#/add/0x9c78ee466d6cb57a4d01fd887d2b5dfb2d46288f/0x0d500B1d8E8eF31E21C99d1Db9A6444d3ADf1270) (an LP of MATIC/MUST). MUST reward is reinvested for more LP. **Social Media**:\ [Discord](https://discord.gg/mcXn2R2QRx) / [Telegram](https://t.me/cometh_io) **How to obtain**:\ Deposit **WMATIC and MUST** at 50-50 rate in Cometh’s [MATIC/MUST](https://swap.cometh.io/#/add/0x9c78ee466d6cb57a4d01fd887d2b5dfb2d46288f/0x0d500B1d8E8eF31E21C99d1Db9A6444d3ADf1270) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Cometh * Problems with Polygon Network
**polyJar 2a**: a folding DAI strategy in AAVE. DAI is folded until the maximum safe leverage is gained. MATIC reward is sold for more DAI.\ \ **Social Media**:\ \ **How to obtain**:\ Deposit **DAI** in polyJar 2a **Risks**: * Smart contract issues with Pickle * Smart contract issues with AAVE * Problems with Polygon Network
**polyJar 3a**: a Curve strategy for [am3CRV](https://polygon.curve.fi/aave/deposit). When you deposit DAI/USDC/USDT into the Curve pool, those stables are wrapped into AAVE interest bearing coins and then deposited inside the pool which means you receive AAVE lending interest as well as Matic rewards distributed on the AAVE protocol. **Social Media**: [Discord](https://discord.gg/mcXn2R2QRx) / [Telegram](https://t.me/cometh_io) **How to obtain**:\ Deposit **DAI/USDC/USDT** in [am3CRV](https://polygon.curve.fi/aave/deposit) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Curve * Smart contract issues with Aave * Problems with Polygon Network * Systemic issues with the stable coins in those pools (does not peg to $1)
**polyJar 4a**: a Sushiswap strategy for [USDT/ETH](https://app.sushi.com/add/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619/0xc2132d05d31c914a87c6611c10748aeb04b58e8f) (an LP of ETH/USDT). SUSHI & MATIC reward is reinvested for more LP. **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram
](https://t.me/yearnfinance)\ **How to obtain**:\ Deposit **WETH and USDT** at 50-50 rate in Sushiswap’s [USDT/ETH](https://app.sushi.com/add/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619/0xc2132d05d31c914a87c6611c10748aeb04b58e8f) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Polygon Network * USDT does not peg to $1
**polyJar 4b**: a Sushiswap strategy for [MATIC/ETH](https://app.sushi.com/add/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619/0x0d500B1d8E8eF31E21C99d1Db9A6444d3ADf1270) (an LP of MATIC/ETH). SUSHI & MATIC reward is reinvested for more LP. **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram
](https://t.me/yearnfinance)\ **How to obtain**:\ Deposit **WMATIC and WETH** at 50-50 rate in Sushiswap’s [MATIC/ETH](https://app.sushi.com/add/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619/0x0d500B1d8E8eF31E21C99d1Db9A6444d3ADf1270) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Polygon Network
**polyJar 4c**: a Sushiswap strategy for [PICKLE/DAI](https://app.sushi.com/add/0x2b88aD57897A8b496595925F43048301C37615Da/0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063) (an LP of PICKLE/DAI). SUSHI & MATIC reward is reinvested for more LP. **Social Media**: [Discord](https://discord.com/invite/6PNv2nF) / [Telegram
](https://t.me/yearnfinance)\ **How to obtain**:\ Deposit **PICKLE and DAI** at 50-50 rate in Sushiswap’s [PICKLE/DAI](https://app.sushi.com/add/0x2b88aD57897A8b496595925F43048301C37615Da/0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Polygon Network
**polyJar 5a**: a Quickswap strategy for [MAI/USDC](https://quickswap.exchange/#/add/0xa3Fa99A148fA48D14Ed51d610c367C61876997F1/0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174) (an LP of MAI/USDC). MAI is a native Polygon Collaterized Stablecoin. Read more about Mai Finance [here](https://docs.mai.finance/). QI reward is reinvested for more LP. **Social Media**: [Discord](https://discord.gg/mQq55j65xJ) / [Telegram
](https://t.me/QiDaoProtocol)\ **How to obtain**:\ Deposit **MAI and USDC** at 50-50 rate in Quickswap’s [MAI/USDC](https://quickswap.exchange/#/add/0xa3Fa99A148fA48D14Ed51d610c367C61876997F1/0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Quickswap * Smart contract issues with Qi Dao * Problems with Polygon Network
**polyJar 5b**: a Quickswap strategy for [MAI/QI](https://quickswap.exchange/#/add/0xa3Fa99A148fA48D14Ed51d610c367C61876997F1/0x580A84C73811E1839F75d86d75d88cCa0c241fF4) (an LP of MAI/QI). Read more about Mai Finance [here](https://docs.mai.finance/). QI reward is reinvested for more LP. **Social Media**: [Discord](https://discord.gg/mQq55j65xJ) / [Telegram
](https://t.me/QiDaoProtocol)\ **How to obtain**:\ Deposit **MAI and QI** at 50-50 rate in Quickswap’s [MAI/QI](https://quickswap.exchange/#/add/0xa3Fa99A148fA48D14Ed51d610c367C61876997F1/0x580A84C73811E1839F75d86d75d88cCa0c241fF4) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Quickswap * Smart contract issues with Qi Dao * Problems with Polygon Network
**polyJar 6a**: A Curve strategy for [IS3USD](https://app.iron.finance/swap/pools/is3usd/deposit) pool (IS3USD pool employs the 3 most popular stablecoins to peg to US$1 and the switching between them to be stable at $1, learn more about[ DAI](https://makerdao.com/en/),[ USDC](https://www.circle.com/en/usdc), and[ USDT](https://tether.to/)). Read more about Iron Finance [here](https://docs.iron.finance/). ICE reward is reinvested for more LP. **Social Media**: [Discord](https://discord.com/invite/RtA37hgGrK)[
](https://t.me/QiDaoProtocol)\ **How to obtain**:\ Deposit **USDC/USDT/DAI** in Quickswap’s [IS3USD](https://app.iron.finance/swap/pools/is3usd/deposit) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Iron Finance * Systemic issues with the stable coins in those pools (does not peg to $1) * Problems with Polygon Network
**polyJar 7a**: a Sushiswap strategy for [DINO/USDC](https://app.sushi.com/add/0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174/0xAa9654BECca45B5BDFA5ac646c939C62b527D394) (an LP of DINO/USDC). DINO reward is reinvested for more LP. **Social Media**: [Discord](https://discord.gg/MMcNJJQy4y) / [Telegram
](https://t.me/DinoSwapOfficial)\ **How to obtain**:\ Deposit **DINO and USDC** at 50-50 rate in Quickswap’s [DINO/USDC](https://app.sushi.com/add/0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174/0xAa9654BECca45B5BDFA5ac646c939C62b527D394) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Polygon Network
**polyJar 7b**: a Quickswap strategy for [DINO/ETH](https://quickswap.exchange/#/add/0xaa9654becca45b5bdfa5ac646c939c62b527d394/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619) (an LP of DINO/WETH). DINO reward is reinvested for more LP. **Social Media**: [Discord](https://discord.gg/MMcNJJQy4y) / [Telegram
](https://t.me/DinoSwapOfficial)\ **How to obtain**:\ Deposit **DINO and WETH** at 50-50 rate in Quickswap’s [DINO/ETH](https://quickswap.exchange/#/add/0xaa9654becca45b5bdfa5ac646c939c62b527d394/0x7ceb23fd6bc0add59e62ac25578270cff1b9f619) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Polygon Network # Arbitrum Network Jars **ArbiJar 1a**: a Sushiswap strategy for [MIM/ETH](https://app.sushi.com/add/0xFEa7a6a0B346362BF88A9e4A88416B77a57D6c2A/ETH) (an LP of MIM/ETH). SUSHI & SPELL reward is reinvested for more LP. **Social Media**: [Discord](https://discord.gg/wcsUNxYrFM)\ \ **How to obtain**:\ Deposit **MIM and ETH** at 50-50 rate in Sushiswap’s [MIM/ETH](https://app.sushi.com/add/0xFEa7a6a0B346362BF88A9e4A88416B77a57D6c2A/ETH) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Arbitrum Network * MIM does not peg to $1
**ArbiJar 1b**: a Sushiswap strategy for [SPELL/ETH](https://app.sushi.com/add/0x3e6648c5a70a150a88bce65f4ad4d506fe15d2af/ETH) (an LP of ETH/SPELL. [SPELL](https://docs.abracadabra.money/spell-token/tokenomics) is[ ](https://yearn.finance/)Abracadabra's incentivization token). SUSHI & SPELL reward is reinvested for more LP. **Social Media**: [Discord](https://discord.gg/wcsUNxYrFM)\ \ **How to obtain**:\ Deposit **SPELL and ETH** at 50-50 rate in Sushiswap’s [SPELL/ETH](https://app.sushi.com/add/0x3e6648c5a70a150a88bce65f4ad4d506fe15d2af/ETH) pool. **Risks**: * Smart contract issues with Pickle * Smart contract issues with Sushi * Problems with Arbitrum Network
**ArbiJar 1c**: a Curve strategy for [MIM2CRV](https://arbitrum.curve.fi/factory/0/deposit) (MIM2CRV pool employs a basket of 3 stablecoins to peg to US$1 and the switching between them to be stable at $1, learn more about [MIM](https://docs.abracadabra.money/)). SPELL reward is reinvested for more MIM2CRV. **Social Media**: [Discord](https://discord.gg/uAwvZfs9qU) / [Telegram](https://t.me/convexEthChat) **How to obtain**:\ Depositing **USDC/USDT/MIM** in Curve's[ ](https://www.curve.fi/susdv2/deposit)[MIM2CRV](https://arbitrum.curve.fi/factory/0/deposit) (don’t stake)\ \ **Risks**: * Smart contract issues with Curve * Smart contract issues with Pickle * Smart contract issues with Abracadabra * Problems with Arbitrum Network * Systemic issues with the stable coins in those pools (does not peg to $1)
**ArbiJar 2a**: a Curve strategy for [tricypto](https://arbitrum.curve.fi/tricrypto/deposit) (tricrypto pool employs a basket of 3 bluechip crypto tokens WBTC/ETH/USDT. Learn more about tricrypto in this [case study](https://curve.substack.com/p/june-23-2021-tricrypto-case-studies)). CRV reward is reinvested for more MIM2CRV. **Social Media**: [Discord](https://discord.gg/uAwvZfs9qU) / [Telegram](https://t.me/convexEthChat) **How to obtain**:\ Depositing **WBTC/ETH/USDT** in Curve's[ ](https://www.curve.fi/susdv2/deposit)[tricypto](https://arbitrum.curve.fi/tricrypto/deposit) (don’t stake)\ \ **Risks**: * Smart contract issues with Curve * Smart contract issues with Pickle * Problems with Arbitrum Network # Fees * Pickle takes 20% of the rewards token being compounded as a fee, in most cases. * Some Jars have custom fee schedules, with a percentage of AUM taken throughout a year. For Ethereum, Arbitrum and Polygon Jars, Pickle Finance charges a 0.2 performance fee from each harvest. As for OEC and Moonriver Jars, Pickle Finance charges a 0.1 performance fee. In most cases, only the reward token being harvested and compounded is applicable for these fees. Take, for example, the case of a Pickle Jar that requires a Sushi Liquidity Pool (sLP) token as its deposit. The sLP token represents partial ownership of a liquidity pool on Sushi Swap. If the Liquidity Pool itself returns 25% APR, and Sushi offers ‘Sushi’ reward tokens amounting to an additional 15%, only the Sushi reward tokens being sold and reinvested will have fees taken out. Pickle Finance will take no fees from the growth of that underlying pool. Some jars, however, do have custom fee schedules. All Yearn-partnered vaults (USDC, LUSD or FRAX) have different fees, amounting to a 20% performance fee plus a 2% AUM fee. # The Jar APY - The Math Behind Compounding * Nerd Math Below Pickle Finance lists APY statistics for all of their jars. These calculations are always based on the current advertised rates of the underlying liquidity pools, lending platforms, or other protocols, (also known as the Base Rate), as well as the expected reward token emissions and their current prices as determined by a price oracle like CoinGecko. Since Pickle Finance is a compounding service, and because Pickle Finance only compounds reward tokens, Pickle Finance needs to mathematically calculate the advertised reward token rate after compounding it. This calculation includes an assumption: Pickle Finance will compound the pool daily. The calculation also reflects that Pickle Finance will be collecting 20% of the harvested rewards.
To convert an APR to an APY, Pickle Finance will perform the following calculation:\ \ APY = (baseAPR + (((1+(0.8\*rewardAPR/365))^365)-1))\ \ For example, a strategy with a 10% base yield, and a 100% reward token yield, should yield the following calculation. Note that we use 0.1 in place of 10% and 1.00 in place of 100%. \ \ APY = (0.1 + (((1+(0.8\*1.00/365))^365)-1)) = 1.3236\ \ To convert this to a percentage, multiply by 100. This strategy should return 132.36%. Using Pickle has increased your APR from 110% to 132% after fees. \ \ The above calculation assumes daily compounding of your strategy. Some strategies do not compound daily, despite our best efforts. Either the pools do not have enough money in them, or the strategy does not return enough rewards relative to gas costs to justify daily compounding. This is not a bad thing. For lower and medium yielding strategies the difference between daily or weekly compounding is minimal. \ \ To run the calculation again, but with a different frequency for compounding, you should adjust the chosen formula to the following:\ \ APY = (baseAPR + (((1+(0.8\*rewardAPR/compoundsPerYear))^compoundsPerYear)-1)) If we assume a strategy is only compounded once a month, we can run the calculation as follows:\ \ APY = (0.1 + (((1+(0.8\*1.00/12))^12)-1)) = 1.269\ \ Using the same example as above (a 10% base rate with a 100% rewards rate), we come to the answer of 126.9%.
### Compounding Takes Time To Show Significant Results * Compounding is slow * Compounding looks linear, until it doesn’t. One user complained that the growth of his pool appeared linear and not exponential. It is important to recognize that compound growth does not take place overnight, but rather is the result of a slow process that, like gravity, doesn’t stop and gets more powerful the longer you are affected by it. The chart below of a jar expecting 270+% growth over a year demonstrates that process:
 For the first five or six months, an exponential compounding (blue) will be difficult to distinguish from linear growth (red). However, once the two diverge, the compounding process speeds up at an increasing rate. Exponential growth requires patience to see results, even for very high APY jars. # Introduction * Pickle Farms offer extra PICKLE tokens as rewards for staking Pickle Jar tokens. * PICKLE rewards come from emissions. * Each week, each farm is allocated a percentage of emissions, based on a vote. * How much return you get depends on the vote for your farm, what percentage of the farm you control, the PICKLE price, and more. Pickle Farms are an additional option for yield farmers looking to maximize their yield with PICKLE token rewards from our farms. To be eligible to gain these PICKLE rewards, a user can deposit a pJar token, which they received in return for depositing into a Pickle Jar, into a matching farm. The one exception to this is the **Pickle Power** pool, which requires staking **Uniswap PICKLE/ETH LP** tokens instead of pJar tokens. While every single smart contract contains some element of risk, the risks for staking a pJar token into a farm is near-zero. For most users, the largest concern should be the gas costs of depositing the pJar token into the farm, and the same for removing. While some users may wish to stay agile with fewer transactions required to get into and out of investments, other users may recognize the limited downside risks and the value of the free PICKLE rewards being provided.\ \ The Pickle Finance Farms are located here:[ https://app.pickle.finance/farms](https://app.pickle.finance/farms) # Farm Weights ### Farm Weights for Emissions #### Where do PICKLE rewards come from? PICKLE rewards for farms currently come from emissions from the PICKLE Token contract. See the [emissions schedule](/pickle-token/tokenomics-and-emission-schedule) for more information. #### Where does the displayed APY for Farms come from? The APY that is displayed for each farming pool represents the combination of ALL the different yields you would get. This includes returns from PICKLE rewards, Pickle Jar returns, Uniswap or Sushiswap LP fees, etc. **Hovering over the APY number will show you the breakdown.**
 #### What are Farm Weights? Simply put, a Farm weight translates into how much of the PICKLE emissions a particular Farm receives. Each week, every farm is allocated a percentage of the total emissions. The below image illustrates an example distribution of weights.
 #### When do Farm weights change? Farm weights are updated weekly on Thursdays at midnight UTC. The most recent votes of eligible governance members will take effect at that time every week.
#### Who can vote for gauge weights? Users who have locked their PICKLEs for DILL will be able to vote on how they would like their vote weight to be distributed across one or more Farms. The weights ultimately applied to the various Farms depend on the allocation and DILL balance of the users who vote. In short, users with more DILL get more voting power. Users can cast their votes on the [farms page](https://app.pickle.finance/farms). A guide on how to do so can be found [here](broken://pages/-Meh6cc2ihtiTK8KTT23). # Farm APR Explained ### Farm APR While relatively simple, the calculation to determine how much pickle emissions you are entitled to is not entirely trivial. It can be broken down into a few steps. It is important to realize that the Pickle app calculates a PICKLE APR based on real-time conditions for each Farm. This display APR is unstable, as conditions may change, sometimes rather quickly. #### What are the current emissions? The first step is determining what the total emissions are. This is known as the picklePerBlock and can be queried from the PICKLE token contract. The current emissions are 0.3 pickles per block. 0.2 pickles per block for Ethereum network, and 0.1 pickles per block for polygon network. Hovering over the Total Supply will show you the current emissions. This emissions schedule is to last until 31 December 2021, and to be decided by DILL holders on the next emissions.
 #### How much emissions is a specific farm entitled to? A farm is entitled to its weight multiplied by the picklePerBlock. If a given farm has a 10% weight, and the current emissions are 0.2 pickles per block, then that farm is receiving 0.02 PICKLEs per block, to be split pro-rata throughout its farm holders. You can see current emissions at [Tokenomics and Emission Schedule](/pickle-token/tokenomics-and-emission-schedule).
#### How much emissions does each pToken in the farm get? The amount of emissions a single pToken in a farm is entitled to is calculated by dividing the amount of emissions allocated to that farm by the number of pTokens in that farm. For example, if the Farm is receiving 0.02 PICKLEs / block, and there are 10,000 pTokens staked on the Farm this block, each pToken receives 0.000003 PICKLEs / block. The farms with the best emission payouts are the ones with a high weight and a low pool size. This means more rewards are divided over lower dollar amounts, and can contribute tremendously to yield.
#### What is the current price of the PICKLE token? Since yield is a function of both principal (your pToken deposit) and returns (the PICKLE rewards), both affect the resulting APR. The higher the price of the PICKLE token, the more those rewards count towards your APR. #### But why is the APY a range?  You may notice that each Farm displays an APR range. Which APR, within the range, you will receive works as follows: * If you have no DILL balance, you will receive the APR at the lower end of the range. This is the base APR that all unboosted users receive. * If you hold DILL, you will receive a boosted APR. Your current boost can be checked with the calculator[ here](http://app.pickle.finance/dill). * The higher end of the range displayed on each Farm shows the APR with the 2.5x boost. * Once you stake your pTokens in the Farm, your exact APR will be displayed next to the APR range on the "my APR" indicator. One of the main incentives for locking PICKLE tokens as DILL is the ability to boost your PICKLE rewards on our [Pickle Farms](https://app.pickle.finance/farms). Depositors are able to earn a max boost of up to 2.5x. The following considerations govern how much of a boost you obtain: * Your proportional share of the total DILL supply * If you own a larger share of the total supply, you will obtain a larger boost. * Your proportional share of a particular Farm * If your deposit in a particular Farm is small relative to the total deposits, it will be easier for you to obtain the max boost. The opposite is true if you comprise a large share of the deposits in a Farm (i.e. more DILL is needed for max boost). * e.g. if the total deposits in a Farm is $100,000 a smaller DILL balance is required to obtain the max boost if your deposit size was $1,000 compared to if your deposit size was $20,000. In summary, your DILL balance applies to all Farms equally but may produce different boosts of up to 2.5x based on your share of deposits in the Farm.  A [calculator](http://app.pickle.finance/dill) is provided here to estimate how much DILL is required for obtaining certain boosts given the specific conditions of each of the Farms. # Jars and Farms Walkthrough ## Jars and Farms Walkthrough Below are walkthroughs for joining Pickle Jars and Farms. ### Navigating the Jars page  **Jars page** Jars, sometimes called vaults, are basically pools of funds with an associated strategy for maximizing returns on the asset. When a user puts his LP tokens into the jar, they will receive a pickle receipt for that specific LP which can be claimed at a later date along with the accrued earnings. The strategy involves selling specific reward tokens in order to reinvest into the LP.. You can check manually how much you have earned by following a guide written by a community member: [Vertex’s guide](https://vertex7.medium.com/how-to-calculate-pickle-finance-farm-profit-9c5648a57141). For example, ALCX/ETH jars will claim the reward tokens (in this case, ALCX & Sushi tokens) and re-invest both tokens to buy more ALCX-ETH LP tokens, increasing and compounding your original investment. Specifically, all Sushi and some ALCX will be sold for ETH and more LP tokens will be purchased. \ Example of reinvestment  When depositing, users will have to approve 2 transactions, one to approve the Pickle Finance site as an approved user of your tokens, and the other to actually deposit those tokens into a jar. Once a user has deposited into the jar, that's it! The compounding (selling the specific rewards) is automatic. Some jar strategies will compound daily, while others may have to wait a few days to be compounded due to low balances, high gas costs, or lower APY. . On the Jar page, if you hover over the displayed APY %, you can see the breakdown of where your yield comes from. The tooltip will show you the base APR, and how much comes from each of the reward tokens. ### Navigating the Farm Page  **Farm page** Farms, sometimes called gauges, involve staking your Pickle Jar tokens in the platform in order to earn a share of PICKLE token emissions. The farm page contains a lot of numbers and it may get confusing. Let's look at the ALCX/ETH jar as an example. **pSLP ALCX/ETH** is the name of the strategy, it stands for pickled Sushiswap Liquidity Provider for Alchemix and Ether. **APY Range**: 640.69%-644.37% is the amount you will get in a year if all things are constant. The range is based on the pickle reward, which can be boosted up to 2.5x by locking DILL. **Your APY**: 644.37% is the APY you get in this strategy. This number takes your boost into account to come up with your personal yield. **Earned**: 0.281 is the PICKLE token reward you have already earned by staking in the Farm. You may claim these at any time, but it’s often a good idea to wait until you have earned enough to justify the gas cost of claiming these rewards. **Balance**: 0 is the amount you can stake in the farm. In this example, the value is 0 because the user has already staked all of the ALCX-ETH LP Pickle Jar tokens that he had. He has none left to put into the Farm. If you have not deposited any of your Pickle Jar tokens into the Farm yet, the number of pJar tokens you own will be shown here. These would be eligible to be deposited. **Staked**: 0.52505... This figure represents how many Pickle Jar tokens you have already staked into the Farm. This unit for this number is pJar tokens. **Value Staked**: $2,675.52 This figure represents the US Dollar value of your underlying assets. As your LP grows from compounding the rewards, so will this figure. It may also decrease if the underlying value of the LP (and thus, the two tokens in the LP, namely ALCX and ETH) have fallen. **Approve And Stake**: This button will prompt you to approve Pickle Finance to access your pJar tokens, and then stake them into the farm. **Unstake**: This button will let you take some or all of your pJar tokens out of the farm and back into your wallet. To actually get your money, though, you’d still need to withdraw from the Jar itself, and then go withdraw from the Liquidity Pool on Sushiswap. Then, you’ll have the cash you need to bring your family out for a sushi dinner. This action will not claim earned pickle. **Harvest**: Claim your earned pickle token for snacks. **Harvest and exit**: You’ve gotten rich and finally want to leave us. That’s ok. We’ll miss you. This action will withdraw your pJar tokens from the Farm \*and\* claim your earned PICKLE token rewards. After you withdraw from the jar and from Sushi, you can go buy a boat (and you’ve got PICKLE snacks for your boat ride, too!) For an in-depth profit page, you can visit the [profit page](https://app.pickle.finance/info/earn). # Audits and Timelock Security is paramount in DeFi, where a large amount of trust must be placed on properly coded smart contracts and on other safety measures. * All audit reports can be found at [our GitHub repository](https://github.com/pickle-finance/protocol/tree/master/audits) \ \
## # Smart Contract Audits * All audit reports can be found at [our GitHub repository](https://github.com/pickle-finance/protocol/tree/master/audits) ### MixBytes Audit An audit of the full suite of Pickle Finance smart contracts by[ MixBytes](https://mixbytes.io/) commenced on October 3, 2020. To date, all of the PickleJar strategy contracts created in 2020 have been audited. No critical or major issues were found in the strategy contracts. Minor issues have been fixed. The audit report warned of suspicious proxy functions (which the Pickle Finance developers explained were necessary and were protected by a 12 hour timelock). The full report can be viewed[ here](https://github.com/pickle-finance/protocol/blob/master/audits/MixBytes_Audit_All_Strategies.pdf). An audit of the remaining contracts is underway and is expected to complete shortly. ### Haechi Audit An audit of the full suite of Pickle Finance smart contracts by[ Haechi](https://audit.haechi.io/) commenced on October 20, 2020. The completed audit report can be found [here](https://github.com/pickle-finance/protocol/raw/master/audits/Haechi_Audit.pdf). ### Peckshield Audit of DILL The Peckshield Audit of the DILL implementation can be found [here](https://github.com/pickle-finance/protocol/blob/master/audits/PeckShield-Audit-Report-Gauge-GaugeProxy-v1.0.pdf). # Timelocks & Multisig All key admin functions on the[ MasterChef](https://etherscan.io/address/0xbD17B1ce622d73bD438b9E658acA5996dc394b0d) contract, which controls the emission of PICKLEs to the Farms are controlled by a[ 24 hour timelock contract](https://etherscan.io/address/0x0040E05CE9A5fc9C0aBF89889f7b60c2fC278416). All key admin functions relating to the[ PickleJars](https://docs.pickle.finance/jars/jars) are controlled by a[ 12 hour timelock contract](https://etherscan.io/address/0xD92c7fAa0Ca0e6AE4918f3a83d9832d9CAEAA0d3). You can watch the [TimeLock](https://timelock.pickle.finance/) to be aware of upcoming changes, or serve as a Pickle Early Warning Watchman. Each of the above timelock contracts must be executed through a 2/5 community[ multisig wallet](https://etherscan.io/address/0x9d074E37d408542FD38be78848e8814AFB38db17). The current multisig keyholders are as follows:  # How to get $PICKLE ### Farms One of the easiest ways to get pickles is to participate in our farms. As mentioned above, farms are eligible to receive emissions of new $PICKLE tokens to enhance the APY of their investments. This also positions users directly in front of the emissions spigot without having to deal with any exchanges—centralized or decentralized. ### Decentralized Exchanges Decentralized exchanges such as SushiSwap, UniSwap, and 1inch are great ways to purchase $PICKLE. All of these exchanges maintain or interact with existing liquidity pools. Purchases made from these pools can sometimes be at a discount (or premium) to the market price on centralized exchanges. Because these services often trade many tokens, and because anyone can create a token with the same name, you should always verify that you are trading the correct token with the correct contract address. Before confirming your transaction, always verify the PICKLE token smart contract address:[ 0x429881672b9ae42b8eba0e26cd9c73711b891ca5](https://etherscan.io/address/0x429881672B9AE42b8EbA0E26cD9C73711b891Ca5)
 The easiest way to ensure you are purchasing the correct token is to follow the link on the front page of the Pickle Finance app. This link should bring you directly to a liquidity pool from which you can purchase $PICKLE tokens without worry.
 #### Centralized Exchanges $PICKLE tokens are listed on a number of centralized exchanges, including on[ OKEX](https://www.okex.com/),[ Bilaxy](https://bilaxy.com/),[ MXC](https://www.mxc.com/),[ AEX](https://www.aex.com/page/trade.html?mk_type=USDT\&trade_coin_name=PICKLE#/) and[ Hotbit](https://www.hotbit.io/exchange?symbol=PICKLE_USDT). # Tokenomics and Emission Schedule #### Pickle adopts a style of tokenomics inspired by Andre Cronje's ve(3,3) [tokenomics](https://andrecronje.medium.com/ve-3-3-44466eaa088b) for Solidly. This model has been adapted by Pickle with a view towards incentivizing locking $PICKLE tokens for $DILL. $DILL is a governance utility token received by Pickle users that lock $PICKLEs for a set amount of time, granting not only participation in soft governance but also an array of perks such as revenue-sharing. The key changes Pickle has made are: * clearly framing the utility of $DILL locking as a claim on Pickle revenues: present and future * reduced dilutive pressure on $DILL lockers * dynamic reduction of $PICKLE emissions as $DILL adoption increases As $DILL supply increases as a percentage of the $PICKLE total supply, emissions will decrease. This encourages collaboration and locking for $DILL amongst users, creating positive pressure on the price of $PICKLE. # Uses of $PICKLE The $PICKLE token admittedly has limited use in its raw (unlocked) form. When timelocked by their user, $PICKLE tokens convert into $DILL, representing an entitlement to a portion of the platform revenues, voting rights, boosts on your farm returns, and more. The unlocked $PICKLE token can serve as a liquid option against a share of the platform revenue. If the protocol revenue continues to increase, your unlocked $PICKLE (which can be converted to $DILL at the click of a button) should increase in value as well, representing the value of the cashflow you could generate by converting the $PICKLE into $DILL. An increase in platform revenue would also generate significant upward pressure on the price of the $PICKLE token, not only because of a cash flow valuation, but also because of supply and demand functions. At specific points deemed appropriate to keep in the Pickle treasury, a percentage of platform revenue is used to buy back $PICKLE tokens from the market. If platform revenue increases, the amount of $PICKLE bought back will also increase, putting upward pressure on the price of the $PICKLE token. These two functions should keep changes in the $PICKLE price moving in the same direction as platform revenue, and reinforce the relationship between the token and the protocol’s success. # What is $DILL? ## $DILL is.... A governance utility token received when users lock $PICKLEs for a set amount of time. Holding $DILL allows users to participate in vote-locking, which is a modified form of governance staking. This prevents governance attacks and aligns incentives between voters and long-term holders. #### Since $DILL is a governance utility token, what sort of influence do DAO members have on influencing Pickle's development? $DILL allows users to participate in a soft form of governance, meaning that $DILL can only influence directly the logic in those contracts of the protocol in which $DILL governance has been enabled fully or partially. At the moment, the only contract that has $DILL governance enabled on-chain is the Gauge Proxy, which determines how emissions to farms in the Ethereum mainnet are distributed. Notably, there are farmed emissions outside of the Ethereum mainnet and there are also uses of emissions outside the farms. None of these are controlled directly by $DILL. However there are imminent plans (within the last quarter of 2022) to allow for cross chain emissions to be controlled directly by $DILL holders! Stay tuned. ### What are the benefits of holding $DILL? $DILL (sometimes known as vePICKLE or vote-escrow Pickle) provides holders with several benefits. These benefits are: * Participation in ‘soft governance’: 1 $DILL represents 1 vote and allows participation in activities such as Snapshot voting and on-chain governance * Farm Weight Voting Rights: $DILL holders get to set which farms get $PICKLE emissions * Boosted Farm Rewards of up to 2.5x, $DILL holders get additional weighting in the Pickle farms * Weekly Revenue Share: 100% of weekly revenues to be paid out to $DILL lockers, of which 50% is represented by the Treasury * Anti-Dilutive Reward: another reward paid out in $PICKLE to $DILL distributions These benefits are explained in detail here. ### How do I get $DILL? Users who are willing to deposit and lock up their $PICKLE tokens for a period of up to four years will be rewarded with $DILL. Lock your $PICKLEs for $DILL [here](https://app.pickle.finance/dill). ### How much $PICKLE for a $DILL? $DILL represents your balance of $PICKLEs that have been vote-locked, weighed for the time remaining in the lock. The longer the time remaining in the lock, the more $DILL you will have for the same amount of locked $PICKLEs. ### Disclaimers on $DILL With $DILL, the following things are NOT possible: * Decreasing your lock time * Decreasing the amount of $PICKLEs locked * Transferring your $DILL balance to another wallet Once a $DILL lock is created, the lock will continue on your wallet address until expiry and cannot be transferred or undone in any way. Creating, extending, and increasing locks are irreversible actions. #### **Decaying $DILL balance** Your $DILL balance will decrease linearly over time. Your $PICKLE tokens do not decay. All funds are safu. Towards the end of your lock, your $DILL balance will approach 0. On expiry of your lock, all of your deposited $PICKLE tokens will be released at once – you do not need to perform an “unlock transaction” or anything of the sort. The only two ways to mitigate this decay are to: * Extend your lock or increase your lock with more $PICKLEs * Re-lock your dilutive rewards received
# Benefits of $DILL ## Voting on Protocol Improvements Within Pickle, any user can influence the protocol's development via submitting a Pickle Improvement Proposal (PIP). Via PIPs, Pickle community members can vote on all matters pertaining to the Pickle protocol, including the selection of protocol officers (e.g. multi-sig members), the budget of the development team, grants and strategic treasury investments, enhancements, and strategic decisions. The typical process for submitting a PIP is to post a Request for Comments (RFC) on the forum.pickle.finance with a poll and obtaining enough votes to proceed. Users should draft and post the proposal on the governance forum to gauge the interest of the overall Pickle community, via Discord, Telegram and/or the Governance forum. Should enough votes be collected, a core member would assign it a PIP number and submit it to a governance vote as long as sufficient interest and technical feasibility have been established. This is a subjective process for the time being as meta-governance is worked out. ### **Voting on PIPs with $DILL** Each $DILL holder is entitled to vote, with no minimum $DILL balance required to vote. A user is given a number of votes equal to their $DILL holdings at the time of voting. Voting on PIPs will be conducted off-chain via a gasless voting method that is integrated via Web3 with users' $DILL balances at a pre-set point-in-time. Snapshot voting is available [here](https://signal.pickle.finance/) . Should a PIP pass, it continues to be considered as non-binding until the core team agrees that it should be carried out. ### Voting on Farm Weights  $DILL Holders are entitled to vote for which farm gets a share of $PICKLE emissions. Those votes are then totaled up, and the emissions are divided into the farms. The voting mechanism is on the Vote page, instead of on the $DILL page. To start, a user will select from the dropdown the first Farm they wish to allocate some of their vote towards. Once selected, that farm will appear below the dropdown, and the user will be allowed to enter what percent of their vote they want to allocate to that Farm. In order to submit your vote, your total vote must add up to 100%. ## Boosted Rewards $DILL holders are entitled to a larger share of emissions via Boosted Rewards. Each Pickle Farm has a range of yields, depending on how much $DILL the user has locked. The more $DILL you have locked, the higher the returns you can achieve. For more information, see [The Jar APY](/the-jar-apy-the-math-behind-compounding). An important thing to note is that these Boosted Rewards do not come from extra emissions. Each farm is allocated a percentage of total emissions. The number of $DILL holders in the farm does not generally change this. Instead, the boosted rewards you may earn in a farm come from you gaining more share over the farm’s emissions than your deposits alone would indicate. Long story short, your boosted rewards come at the expense of someone else in the farm’s non-boosted rewards. ## Revenue Sharing Every week, 100% of the protocol's weekly revenue is shared with those community members that are $DILL holders. The Treasury holds 50% of the $DILL supply, and uses its share of revenues to finance the protocol's ongoing operations and development. A user’s share is equal to how many $DILL they control as compared to how many $DILL are locked at the beginning of the week. **Example:** If a user has 1000 $DILL, and there are 500,000 $DILL locked, the user is entitled to 1/500 (or 0.2%) of the weekly revenue share. If weekly revenue is $400,000, about $180,000 of that is shared with $DILL holders. A user (as above) that is entitled to 0.2% of this should receive $360 each and every week. Revenue sharing is paid out in $ETH, in order to avoid volatility affecting the status of the fee token as passive income. A user's $PICKLEs must be locked for the entire week to be eligible for the distribution. ## Anti-Dilutive Rewards $DILL holders are entitled to receive a second batch of rewards paid out in $PICKLE, with these coming from "anti-dilutive" emissions. # $DILL and Governance ### What does 'soft governance' mean? If certain actions are enabled on-chain these actions are immutable, implying that 'hard governance' could potentially lead to irreversible conflicts within the inner workings of the Protocol. In contrast, 'soft governance' implies that the scope of immutable actions is quite narrow. Other functions of the protocol which are of importance to $DILL holders are not controlled by $DILL directly. They are either fully trustless or they are currently under an admin, which is the development team of the protocol. Yet, the development team subscribes to the ethos of 'progressive decentralisation', which means that over time and should circumstances and context allow, it is intended that more and more functions would be put under the direct on-chain control of $DILL and Pickle's 'proto-DAO'. ### What is a 'proto-DAO'? A proto-DAO exists on a spectrum, whereas a 'full' DAO would allow its members full control of every aspect of the protocol's organization in a truly decentralized and autonomous manner. Within Pickle, voting for mainnet emissions is fully 'DAO'-determined, as all emissions will eventually be in the near future. This is primarily because any function that will be put under $DILL control requires that the appropriate contracts are designed, built, tested, deployed and integrated. This means that the development team has to actively transfer the admin keys of those functions when these releases eventually happen. #### But isn't Pickle controlled by the $DILLDAO, as per the protocol's own marketing materials? Why mention 'DAO' at all if there isn't one? The $DILLDAO, as Pickle has named its loyal community of $DILL holders, references the concept of a 'DAO' in its name in order to honor the vision of progressive decentralisation that Pickle continues to prioritize in its long-term strategy. Pickle is not 'controlled' by the $DILLDAO, but community input is actively encouraged and facilitated. A forum has been set up and there is a meta-process for suggesting improvements to the protocol. The culmination of this is a poll, which has been for some time hosted in Snapshot. These formal polls are called Pickle Improvement Proposals, or 'PIPs', and they are non-binding and they cannot be executed without the active participation and involvement of the development team. Therefore, it could be said that the development team has a veto on any proposal passed in Snapshot that has not been implemented. #### If Pickle isn't controlled by a $DAO, then who decides how Pickle's funds are used? There is no Pickle DAO per se, yet the development team deeply values the input of the PICKLE community as represented by $DILL holders in order to advance the continuing operation and growth of the protocol. For that purpose, the development team has established a Treasury with the consent of the PICKLE community. The development team controls the Treasury to execute the mission of continued operations and growth of the Protocol. ### Does the Treasury own any $DILL? The Treasury controls 50% of locked $PICKLEs as $DILL, thus receiving 50% of the governance rewards. This amount of $PICKLEs are "perma-locked" (max-locked and extended to max-lock periodically) to ensure the Treasury controls a minimum of half of the max $DILL supply. As such, the Treasury receives both revenue-sharing rewards (in $ETH) and anti-dilutive rewards (in $PICKLE). #### What does the Treasury do with its rewards from locking its share of $DILL? Revenue-sharing rewards (in $ETH) from DILL distributions are used by the Treasury to finance the ongoing operations and development of the protocol, subject to budgets approved by the community and overseen by the SCCOC. The Treasury also continues to carry out: * weekly buybacks of $CORN, the protocol's debt token for gradual repayment of users affected by the Evil Jar Hack * periodic $PICKLE buybacks according to market conditions; either holding these in reserve or distributing them as "special dividends". Anti-dilutive rewards (in $PICKLE) can only be used by the Treasury to use the $PICKLEs for the following authorised purposes: * strategic initiatives including but not limited to: co-marketing, bootstrapping pool-2s of $PICKLE, or seeding liquidity in CEXs. It is up to the SCCOC to approve spending on any "strategic initiative" through its normal resolution procedure. * choosing to building a reserve of $PICKLEs for the purposes of providing $PICKLE Grants for contributors, paying bonuses, or for building protocol-owned liquidity. Any such deployment of $PICKLEs in reserve will have to be approved by the SCCOC. * to re-lock in $DILL, in order to defend the Treasury's share of entitlement to revenue-sharing. The SCCOC will continually be consulted on this matter as the community may wish for the Treasury to reduce its percentage of ownership as the Protocol grows and scales. #### Does the Treasury intend to indefinitely maintain its percentage of $DILL ownership? **Not at all.** The Treasury's main goal is and has always been to act to realise Pickle's strategic vision of progressive decentralisation. In view of this: should market conditions allow, the Treasury will strive to increase the percentage of $PICKLE in the hands of the community by reducing its own share of the $DILL supply. This progressive decentralisation will be achieved via a combination of grants, special dividends, and community fundraising rounds. # What is $CORN? $CORN (also known as the ['Cornichon' token](https://etherscan.io/token/0xa456b515303b2ce344e9d2601f91270f8c2fea5e)) was created by the team as a debt token after Pickle Finance was hit by the [Evil Jar hack](https://github.com/banteg/evil-jar), costing users 19,759,355 DAI. #### How are $CORN holders being compensated for their losses? Today, 5% of all weekly revenues are allocated to buying back and burning $CORN at the current market price. Purchases are made against the DAI-CORNICHON liquidity pool on Uniswap. [This chart](https://dune.com/embeds/15984/32164/a03bdd45-9051-47b5-be80-26d91799bd40) shows how many tokens remain to be repurchased and burned. $CORN will continue to be be subjected to a plan of buyback-and-burn, followed by direct redemption, until completely retired. # Main FAQ ## On $PICKLE, $DILL and pTokens **Q : Why does the pToken value not go up?**\ A: Farms give you pickle rewards and do not compound pTokens. Your pTokens represent your ownership share of a Jar. This value will never change. However, the number of underlying LP tokens you have will go up and be compounded by the Jar for you. **Q: Do I have to actively claim $PICKLEs distribution each week? Or, do they accumulate if not claimed?**\ A: Nope, you can brine (leave) it to accumulate to the point you want to withdraw and eat them. **Q: When is the latest I can lock DILL to be included in the next distribution of PICKLE?**\ A: You must lock your PICKLE tokens up before Thursday 00:00 UTC to be eligible for the next distribution. **Q: Where can you buy $PICKLEs?**\ A: Uniswap, Sushiswap, 1inch, and several centralized exchanges.\ \ **Q: Can I unlock my $PICKLEs before the locked duration?**\ A: No.
## On Rewards **Q: How does Pickle Finance achieve 700% when underlying yield is only 200%?**\ A: This is due to the magic of compound and exponential growth. **Q: Where are my rewards going?**\ A: Your farm rewards are visible and claimable on the Farm page. Your Dill rewards are visible and claimable on the Dill page.
**Q: Where are my LP rewards going? Is there a claim button to receive those rewards?**\ A: The rewards tokens from the Liquidity Pools are sold off and used to purchase more of the underlying tokens for the LP, then redeposited into that pool to compound your returns.
**Q: Do I only receive $PICKLE from deposits?**\ A: Farms only distribute PICKLE tokens as rewards. Jars will compound your position in the underlying LP by selling off other reward tokens. When exiting the jars, you will not receive those reward tokens, but rather will receive the tokens deposited into the LP. **Q: Are fees included in the APY?**\ A: No, fees have already been accounted for before quoting an APY to users. ## On Jars and Farms **Q: Do Pickle farms have Impermanent Loss (IL) / Divergence Loss?**\ A: Pickle Farms do not have IL because Pickle Farms only distribute $PICKLE rewards. Pickle Jars themselves do not have IL because Pickle Jars only compound your LP tokens. The underlying Liquidity Pool you enter will suffer from Divergence Loss because Liquidity Pools buy more of whichever asset is falling and sell whichever asset is rising. **Q: Can I stake my LP directly into the Farm - or does it need to be deposited into Jar first?**\ A: In most cases you must deposit into a Jar first. There is one exception: the Pickle-Eth farm
**Q: What is the difference between Pickle Farms and Pickle Jars?**\ A: Pickle Jars **compound** your returns for you. Pickle Farms **reward** you with PICKLE tokens.
**Q: How often do the farms compound?**\ A: Some are every few hours, others every few days or even longer. It depends on the value of tokens in the jars. You can check the #harvest channel in [Discord](https://discord.gg/picklefinance) for how often a jar compounds.\
# Old Docs # Pickle Jar Strategies A description of the different strategies employed by Pickle Finance's PickleJars. ## Introduction Each PickleJar employs a Strategy contract to earn yield for its depositors. In this document, we explore the types of Strategies being employed and how these work under the hood. The PickleJar system is largely based on Yearn's v1 [yVault](https://yearn.finance/vaults) system, and therefore the most relevant function is the `harvest()` function, which is what executes the profit-generating steps. All Strategy contracts are being developed under the [`src/strategies`](https://github.com/pickle-finance/protocol/tree/master/src/strategies) directory of the [protocol](https://github.com/pickle-finance/protocol) repository. For a listing of all currently deployed Strategy contracts, see the [contracts](https://github.com/pickle-finance/contracts#pickle-jars-pjars) repo. All pickle jars have 20% performance fee. The displayed APY% is the net APY after the fees. # Navigating Pickle Jars & Pickle Farms ## Jars page  Jars, or vaults, or gauges, basically are pools of funds with an associated strategy for maximising returns on the asset. When a user put his LP tokens into the jar, one will receive a pickle receipt for that specific LP which can be claimed at a later date along with the accrued earnings. The strategy involves selling specific tokens to be sold and increase the LP amount. When depositing, there will be 2 transactions, one to approve and the other to deposit. When a user has deposited to the jar, that's it! The compounding (selling the specific rewards) is automatic. Some jar strategies have daily compounding, some may have a few days to be compounded due to low amount of balances. When you hover to the APY %, you can see what the components are made of. The (?) will show you the base APR. ## Farms page  Here we can see there are a lot of numbers and it may get confusing. Let's use ALCX/ETH as an example. **pSLP ALCX/ETH** is the name of the strategy, it stands for pickled Sushiswap Liquidity Provider for Alchemix and Ether. **APY Range:** 640.69%-644.37% is the amount you will get in a year if all things are constant. The range is based on the pickle reward, which can be boosted up to 2.5x by locking [DILL](/appendix-c-previous-docs/old-docs/dill-vote-locking). **Your APY:** 644.37% is the APY you get in a specific strategy. **Earned**: 0.281 is the PICKLE token reward. **Balance**: 0 is the amount you can stake in the farm, 0 because the balance is already staked. When you have not staked or unstake, the balance will be shown here. **Staked**: 0.52505... is the amount of pSLP ALCX/ETH token. **Value Staked**: $2,675.52 is the amount in dollar term of your underlying assets. As your LP grows from compounding the rewards, so does the dollar term. Or it may decrease if the underlying value drops in dollar term. **Approve And Stake:** Straightforward, putting your assets into the farm. **Unstake:** take some or all of the LP to bring family for dinner, it wont claim earned pickle. **Harvest:** claim pickle token for snacks. **Harvest and exit:** take pickle reward and LP back to buy boat. For in depth profit page, you can visit the [**profit page**](https://app.pickle.finance/info/earn). # What are Pickle Jars? Put your tokens into a PickleJar and earn without losing your tokens' principal. The PickleJars can be found at
 # Emission Schedule For the current rate of PICKLE emissions, please navigate to
# PICKLE/ETH Farm #### WARNING: Providing Liquidity carries risks, including but not limited to Impermanent Loss. Please do your own research before depositing funds. Want to maximize your PICKLE rewards? Look no further. The PICKLE/ETH 50:50 Uniswap pool is the primary source of liquidity for PICKLE tokens. ### Farming PICKLE Farming PICKLE tokens by supplying liquidity to the PICKLE/ETH pool consists of 2 steps: 1. Supplying ETH and PICKLE tokens on Uniswap 2. Staking the Uniswap Liquidity Provider (LP) tokens from Step 1 in the Pickle Power farm [here](https://app.pickle.finance/farms) **IMPORTANT: You will only earn PICKLE rewards once both steps are completed.** ## **Adding Liquidity** ### Option 1 - Zapper.fi Integration Zapper.fi users can add liquidity to the PICKLE/ETH pool by doing the following: 1. Click on the **INVEST** tab 2. Search for **PICKLE** 3. Click on **ADD LIQUIDITY**  On the following page, choose the token that you would like to deposit (ETH or PICKLE) and confirm the transaction.  ### Option 2 - Adding Liquidity on Uniswap In order to add liquidity on Uniswap, you will first need PICKLEs and ETH in equal quantities. You can trade ETH for PICKLE tokens [here](https://app.uniswap.org/#/swap?inputCurrency=0x429881672b9ae42b8eba0e26cd9c73711b891ca5\&outputCurrency=ETH). Before confirming any transactions, always verify the PICKLE token smart contract address: **0x429881672b9ae42b8eba0e26cd9c73711b891ca5** Once you have obtained ETH and PICKLE tokens in a 50:50 ratio, proceed to the Uniswap pool [here](https://app.uniswap.org/#/add/0x429881672b9ae42b8eba0e26cd9c73711b891ca5/ETH). Enter the amount of ETH or PICKLE that you would like to supply, and Uniswap will automatically populate the corresponding amount of the other token to ensure a 50:50 ratio. Click **SUPPLY** to add liquidity. *Please note that you will have to approve spending limits for your ETH and PICKLE tokens when you do this for the first time.*  ### Staking LP tokens for PICKLE rewards Once you supply tokens to Uniswap, you will receive UNI V2 LP tokens representing your share of the PICKLE/ETH pool. Head over to the Pickle Power farm [here](https://app.pickle.finance/farms).  If you have followed the instructions correctly, your UNI V2 token balance should appear where highlighted above. Stake your LP tokens and confirm the transaction. *Please note that you will have to approve a spending limit for your LP tokens when you do this for the first time.* Welcome to PICKLE Finance! You will immediately start earning PICKLE rewards, which you can track on our website. If you are facing any issues, please feel free to reach out to us at our Discord [here](https://discord.gg/kzzn2Wr). We have a very helpful community that is always eager to help. The Future of Finance is Green # Lock PICKLEs for DILL There are many benefits from vote locking your PICKLEs for DILL. Read more about them here: {% content-ref url="/pages/-MSx1aNPsXH\_DAOC0k7T" %} [DILL Vote Locking](/appendix-c-previous-docs/old-docs/dill-vote-locking) {% endcontent-ref %} ## Locking PICKLEs for DILL * Head over to "**DILL**" ([app.pickle.finance/dill](https://app.pickle.finance/dill)) on the navigation menu and select: * The number of PICKLEs you wish to lock. * Your lock duration, up to a maximum of 4 years. * Click on "**Create Lock**" (if this is your first time interacting with vote locking, "Approve and Create Lock") then confirm the transaction * After confirmation, your DILL balance and lock expiry date should appear. Congratulations!  ## Modifying a DILL lock If you have any DILL locked, the website will enable you to 1) increase your lock amount and/or 2) extend your lock. * **Increase Lock Amount**. Clicking here adds PICKLEs to your existing lock by the amount you input. Your *Balance* is the amount of unlocked PICKLEs on your wallet * **Extend Lock Time**. You may click on the input field and use the calendar tool to select a date, which will be rounded to the nearest DILL epoch (lasting a week). You may also use the radio buttons to select an extension period You will be prompted to confirm a transaction from your MetaMask/Web3 wallet for either of the above actions (they are separate transactions).  ### # Deposit into Pickle Jars Deposit tokens into the Pickle Jars (pJars) to earn more of the deposit token**.** **Step 1:** Navigate to
(pJar 0.99a)
| pSLPDAI | [StrategySushiEthDaiLp](https://etherscan.io/address/0x8E4e4cfCa2fF1DB24708dfAE8c97385CC63149e1) | |(pJar 0.99b)
| pSLPUSDC | [StrategySushiEthUsdcLp](https://etherscan.io/address/0xAA430e7886B60A925ac77e79e91924ce544B0690) | |(pJar 0.99c)
| pSLPUSDT | [StrategySushiEthUsdtLp](https://etherscan.io/address/0x10d2740FFb6c38f14221dF8346d07253cEf8902d) | |(pJar 0.99d)
| pSLPWBTC | [StrategySushiEthWBtcLp](https://etherscan.io/address/0xceD8EEd93677bCF0100F05A38d5B0b2761b09F26) | |(pJar 0.99e)
| pSLPYFI | [StrategySushiEthYfiLp](https://etherscan.io/address/0x8785A589237A8699aFAaF5dEb407010DB0950043) | |UNI DAI/BAC
(pJar 0.99f)
| pUNIBAC | [StrategyBasisBacDaiLpV2](https://etherscan.io/address/0xe2376eee927354e681b09819e621093c2b529cf7#code) | |SLP USDT/MIC (retired)
(pJar 0.99g)
| pSLPMIC | [StrategyMithMicUsdtLp](https://etherscan.io/address/0x439bD63b5B8bFD3A51579a532c42e62bc1bE1654) | |SLP USDT/MIS (retired)
(pJar 0.99h)
| pSLPMIS | [StrategyMithMisUsdtLp](https://etherscan.io/address/0xc931c4e90e07a1a9ec6f5ee3d24ddda29c8da369) | |SLP ETH/yveCRV
(pJar 0.99i)
| pSLPyveCRV | [StrategySushiEthYVeCrvLp](https://etherscan.io/address/0x5807424c47ea796d4c6be03b840ccc8c8a642711) | |UNI BASV2/DAI
(pJar 0.99j)
| pUNIBASV2 | [StrategyBasisBasDaiLpV2](https://etherscan.io/address/0x4F8aac798111e212Cf403ce8C464C51e270C422d#code) | |(pJar 0.99k)
| pUNIMIR | [StrategyMirrorMirUstLp](https://etherscan.io/address/0x66006cdA4c7aa92A5ca586d799829916DcB6e595#code) | |(pJar 0.99l)
| pUNImTSLAUST | [StrategyMirrorMtslaUstLp](https://etherscan.io/address/0xF78F8F92cc2f8cD104C279D7ed99CBB5F9058514)) | |(pJar 0.99m)
| pUNImAAPLUST | [StrategyMirrorMaaplUstLp](https://etherscan.io/address/0x58635ce31677f99437d84E39724D2bc47eC57aA6) | |(pJar 0.99n)
| pUNImQQQUST | [StrategyMirrorMqqqUstLp](https://etherscan.io/address/0x0e5a5b89e2529c52d7cdea1a6db9dc7933d8d32a) | |(pJar 0.99o)
| pUNImSLVUST | [StrategyMirrorMslvUstLp](https://etherscan.io/address/0xCE0248D6a290a1a455646F9aFe43b145eabDA767) | |(pJar 0.99p)
| pUNImBABAUST | [StrategyMirrorMbabaUstLp](https://etherscan.io/address/0xa28217D2242AA23bcD8211a520a96515815D201d) | |(pJar 0.99q)
| pSUSHIETH | [StrategySushiEthLp](https://etherscan.io/address/0x8d54048Ce339c2D258205A7B85c6358a83DAc6a0) | |(pJar 0.99r)
| pUNIFEITRIBE | [StrategyFeiTribeLp](https://etherscan.io/address/0xCD678491CC646856Ce19AB692f9070861332E300) | |(pJar 0.99u)
| pUNILUSDETH | [StrategyLusdEthLp](https://etherscan.io/address/0x6716836647074B1a6b4A7e0566af3e6A4e9e891F) | |(pJar 0.99x)
| pSUSHIALCX | [StrategyAlcxEthLp](https://etherscan.io/address/0x4D787C7d124721cD22A5F124BBB06d965fdE04ef) | |(pJar 0.99y)
| pyvBOOSTETH | [StrategyYvboostEthLp](https://etherscan.io/address/0x9e7f57f3c3b147d234d38f9071b7d53b08c7fd85) | As suggested above, pJar 0.99 comes in different flavours. Depositing one of the above LP tokens returns corresponding pTOKENS. ### Earning PICKLEs from the Farm Almost all of the pJar\[x] tokens allow you to additionally earn PICKLE rewards by depositing them in the [Farm](https://app.pickle.finance/farms). # pJar 0.88 (Inactive) ### **What is pJar 0.88?** We're going back to basics with pJar 0.88, allowing users to deposit base-currencies such as DAI, USDT, USDC, etc. The first pJar 0.88a will support **DAI**, and will be launched with a **leveraged** **COMP** mining [strategy](https://etherscan.io/address/0xCd892a97951d46615484359355e3Ed88131f829D)**.** Using the deposited base-currency tokens, pJar 0.88 receives and re-invests COMP for you so you end up having more of the underlying base currency. ### How does leveraging COMP mining work? Leveraging mining COMP is achieved by recursively supplying and borrowing a single asset. Note that the act of supplying or borrowing assets on compound will yield us COMP tokens. For example, if DAI has a collateral factor of 0.75, and we have supplied 100 DAI, we can borrow out a maximum of 75 DAI. We can resupply our borrowed 75 DAI, giving us a total of 175 supplied DAI and 75 borrowed DAI. We can now borrow an additional 56.25 DAI (175 \* 0.75 - 75) and resupply it. We can keep repeating this supply and borrow loop until we hit a certain threshold. The formula for calculating the maximum amount of leverage we can achieve is $$ 1 + (1 \* 0.75) + (1 \* 0.75^2) + (1 \* 0.75^3) + .... + (1 \* 0.75^n) $$ Which can be expressed as an infinite geometric series: $$ Max\ Leverage = \frac{a\_1}{1-r} = \frac{1}{1-0.75} =4 $$ However, **leverage mining COMP at max leverage is** **incredibly dangerous** due to the difference in the supply/borrow interest rates. As such, the strategies launched will be employing an initial safety buffer of 0.10 collateral factor. Meaning the maximum safe leverage will be rougly 2.86. $$ Safe \ Max\ Leverage = \frac{1}{1-0.65} = 2.85714286 $$ #### # pJar 0.69 (Inactive) ### **What is pJar 0.69?** **DEPRECATED: UNI REWARD HAS ENDED**\ \ On September 16, 2020 Uniswap [announced](https://uniswap.org/blog/uni/) its liquidity mining program allowing users to earn UNI rewards. Pickle Finance currently participates in four of Uniswap's mining pools: | Deposit Token/pJar | Returned Token | Current Strategy | | ----------------------------------------------------------------------------------------------------------------------------------------------- | -------------- | ------------------------------------------------------------------------------------------------- | |(pJar 0.69a)
| pUNIDAI v2 | [StrategyUniEthDaiLp4](https://etherscan.io/address/0x0697D05738b456BCC8F06023219dA351Ae252912) | |(pJar 0.69b)
| pUNIUSDC v2 | [StrategyUniEthUsdcLpV4](https://etherscan.io/address/0xb48B92F8962F880D2F072F4e5fdfC748ceDa7727) | |(pJar 0.69c)
| pUNIUSDT v2 | [StrategyUniEthUsdtLpV4](https://etherscan.io/address/0x3577797668c6Fe415B21bf85Ba44DF34318dD80D) | |(pJar 0.69d)
| pUNIWBTC | [StrategyUniEthWBtcLpV4](https://etherscan.io/address/0xD8dE542D2140eeCc49FfDf056e51aa9261f974d6) | As suggested above, pJar 0.69 comes in four different flavours. Depositing one of the above Uniswap LP tokens returns corresponding pUNI tokens. Using the deposited Uniswap LP tokens, pJar 0.69 receives and re-invests UNI rewards for you so that you end up having more LP tokens than you started out with. ### Earning PICKLEs from the Farm All of the pUNI\[x] tokens allow you to additionally earn PICKLE rewards by depositing them in the [Farm](https://app.pickle.finance/farms). # pJar 0.00 The CRV Mining Jars ### **What is pJar 0.00?** pJar 0.00 is Pickle Finance's first set of pJars which involves a user depositing one of the LP tokens received from supplying liquidity on [Curve.Fi](http://curve.fi/). Pickle Finance currently accepts three different Curve deposit tokens: | Deposit Token/pJar | How to Obtain | Returned Token | Current Strategy | | -------------------------------------------------- | ----------------------------------------------------------------------------------------- | -------------- | ------------------------------------------------------------------------------------------------- | |sCRV
(pJar 0a)
| Depositing USDC/USDT/DAI/sUSD in Curve's [sUSD pool](https://www.curve.fi/susdv2/deposit) | psCRV | [StrategyCurveSCRVv3\_2](https://etherscan.io/address/0x8E1ed86C27e1861d044c27b66574d6a0249A3c1C) | |renBTCCRV
(pJar 0b)
| Depositing renBTC/wBTC in Curve's [renBTC pool](https://www.curve.fi/ren/deposit) | prenBTCCRV | [StrategyCurveRenCRVv2](https://etherscan.io/address/0xB606602C2AC912B52437817add9362B87776a6A6) | |3poolCRV
(pJar 0c)
| Depositing USDC/USDT/DAI in Curve's [3pool](https://www.curve.fi/ren/deposit) | p3CRV | [StrategyCurve3CRVv2](https://etherscan.io/address/0x8f01bb820BcD0b0B7d873862c531A88822747042) | |steCRV
(pJar 0d)
| Depositing ETH/stETH in Curve's [stETH pool](https://www.curve.fi/steth/deposit) | psteCRV | [StrategyCurveSteCRV](https://etherscan.io/address/0x350c4f7a669dc263ec1838fa105172e1d96e8259) | Essentially, by depositing \[x]CRV with Pickle Finance, you will receive **p\[x]CRV** tokens in return. Using the deposited \[x]CRV, pJar 0.0 earns and re-invests CRV rewards and SNX/LDO rewards for the sCRV Jar for you so that you end up having \[x]CRV than you started out with. ### Earning PICKLEs from the Farm With the exception of psCRV, the p\[x]CRV tokens will allow you to additionally earn PICKLE rewards by depositing them in the [Farm](https://app.pickle.finance/farms). ### Future plans Pickle Finance is waiting for approval to be whitelisted on Curve. This will allow boost CRV rewards by up to 2.5 times by locking up a number of CRV tokens. # Pickle Jar Strategies A description of the different strategies employed by Pickle Finance's PickleJars. ## Introduction Each PickleJar employs a Strategy contract to earn yield for its depositors. In this document, we explore the types of Strategies being employed and how these work under the hood. The PickleJar system is largely based on Yearn's [yVault](https://yearn.finance/vaults) system, and therefore the most relevant function is the `harvest()` function, which is what executes the profit-generating steps. All Strategy contracts are being developed under the [`src/strategies`](https://github.com/pickle-finance/protocol/tree/master/src/strategies) directory of the [protocol](https://github.com/pickle-finance/protocol) repository. For a listing of all currently deployed Strategy contracts, see the [contracts](https://github.com/pickle-finance/contracts#pickle-jars-pjars) repo. All pickle jars have 20% performance fee except Sushi jars (Excluding USDT/MIC & USDT/MIS). The displayed APY % is the net APY after the fees.PICKLE tokens are also listed on [UNISWAP](https://info.uniswap.org/pair/0xdc98556ce24f007a5ef6dc1ce96322d65832a819), [Sushiswap](https://sushiswap.fi/pair/0x269db91fc3c7fcc275c2e6f22e5552504512811c) and [1inch](https://1inch.exchange/#/r/0xb4522eB2cA49963De9c3dC69023cBe6D53489C98). ###