What is $CORN?
$CORN (also known as the 'Cornichon' token) was created by the team as a debt token after Pickle Finance was hit by the Evil Jar hack, costing users 19,759,355 DAI.
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 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.
Last modified 1yr ago