Tag: Pickle Finance

  • Yearn Finance Ecosystem Breakdown –– Pushing the Boundaries of Human Coordination

    Yearn Finance Ecosystem Breakdown –– Pushing the Boundaries of Human Coordination

    Yearn Finance surprised the DeFi world late last year when the project announced a flurry of mergers with Cream, Pickle, SushiSwap, Akropolis, and Cover in the span of a week. While the Cover merger ended, the remaining teams continue to collaborate at top speeds enabled by the shared goal of capital efficiency, belief in Yearn’s […]

  • DeFi Dre and the Invisible Hacked Pickles

    DeFi Dre and the Invisible Hacked Pickles

    Another week, another hack… what have we learned this time?

  • Evil Pickle Jars Makes Off with $20M

    The latest affected project in a series of DeFi exploits is Pickle Finance – an automated yield aggregator with a mission to make stablecoins stable. Over the weekend, a hacker was able to exploit Pickle’s code to transfer $19M worth of Dai to an ‘Evil Jar’, leaving most LP’s in a pickle. The project allows […]

  • Yearn and Pickle Merge After a $20M Attack

    Yearn and Pickle Merge After a $20M Attack

    Yearn Finance and Pickle Finance today announced a merger where the teams are consolidating resources and technical stack. Just a few days earlier, Pickle was attacked and ~$20M Dai was drained (more on the attack below). The timing of the merger at the heel of a protocol attack highlights the seized opportunity these DeFi teams […]

  • Pickle Finance Sounds Like a Joke But it Wants to Bring Stability to DeFi

    Pickle Finance Sounds Like a Joke But it Wants to Bring Stability to DeFi

    Just when farmers thought food coins had run their course, perhaps the most absurd project yet is leveraging pickle memes to help mitigate stablecoin volatility. Pickle Finance, a project incentivizing liquidity on the four largest DeFi stablecoins, saw $53M in 24 hour volume this weekend as its native governance token, PICKLE, traded as high as […]