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

What is $CORN?

Previous$DILL and GovernanceNextMain FAQ

Last updated 2 years ago

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$CORN (also known as the ) was created by the team as a debt token after Pickle Finance was hit by the , 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. 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.

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'Cornichon' token
Evil Jar hack
This chart