Yearn.Finance and Pickle Finance announce merger

The leadership of the decentralized financing project Yearn.finance decided to reach out the help of the recently hacked Pickle Finance and unite. This will help compensate for losses to users.

As the founder of Yearn.finance Andre Kronier said (Other cronje), The merger will allow reduce duplication of programmers' work, will increase the specialization of projects and increase the experience of developers. Pickle Jars pools in code are similar to Yearn Vault v1, Therefore, the unification should pass without problems.

The first step will be the merger of Pickle and Yearn liquidity bullets, and then Pickle will be completely integrated into the YEARN ecosystem. Means will also be combined, Blocked in smart contracts of projects.

Pickle users will be able to make a profit from their funds in the same way, Like YEARN users, So their profit should increase. For, to make a profit, Pickle users will need to block their pickle tokens and receive Dill tokens. You can block tokens for a period of 1 weeks before 4 years old.

Recall, that on the night of 23 November Pickle Finance project was hacked, as a result of which hackers brought $19.7 million in DAI tokens. After that, the price of Pickle token doubled - to $10, However, at the moment, the course has grown to $16.