Pickle Finance is a decentralized protocol designed to use farming incentives, vaults, and governance to bring stablecoins closer to their pegs. pVaults, short for Pickle Vaults, utilize different active strategies including leveraged flash loans to short off-peg stablecoins, to generate returns for pVault owners and the protocol.
Pickle Protocol is governed by PICKLE token holders who are able to create and vote on proposals for changes to the protocol.
How to use Pickle-finance?
Navigate to app.pickle.finance and select from a number of possible deposit tokens (e.g. tokenized BTC, stablecoins) to start earning compounding rewards on your principal as well as PICKLE token.