Pickle Finance is a Yield Aggregator.
- Pickle Jars
Jars are the Pickle equivalent of yearn.finance’s vaults. A jar receives a specific asset (usually an LP token), such as sLP ALCX/ETH (Liquidity provider token for the ALCX/ETH pair on SushiSwap), and utilizes a strategy developed by the Pickle Finance team to earn a yield on that asset. Users' assets will auto-compound to earn more of themselves, meaning users' holdings of that asset will only increase.
- Pickle Farms
Farms are the “next step” after putting an asset into a jar. When users deposit an asset into a jar, such as sLP ALCX/ETH, they will receive a number of pTokens (in this example, pSLP ALCX/ETH) that represent their share of the tokens in the Jar. These pTokens can then be staked in the appropriate farm to earn additional PICKLE rewards on top of their existing rewards. Users' PICKLE rewards can be boosted by locking existing PICKLE tokens for DILL for up to four years.