The connectin will also reimburse those who suffered from Pickle's latest exploitation that led to the forfeiture of about $20 million.
Following a release from Cronje Andre, the partnership is made to reduce duplicates becausePickle jars are duplicate variants of Yearns v1. The partnership will also boost specialization and exploit collective experience.
Major Updates
- Yearn finance compensates victims of recent Pickle exploit
- The partnership will reduce Yearn smart contract duplicates
- A new coin will be developed to track losses from Pickle exploit
Farmers are given incentives to put up stablecoins selling more than their fixed price and purchase those under the fixed price to make them correlate with the dollar.
Andre mentioned that the initial phase would be to join Yearn's v2 and Pickle jars and integrate both programs TVL. He added that additional merging is also being considered.
The final aim is to support yield farmers and boost their earnings with Pickle plans to improve price performances under the latest Yearn cost framework.
Yearn, which recently confirmed an operations accounts, aims to have Pickle developers and program designers develop the latest blueprints and costs framework for the latest vaults.
What do you think of Yearn's partnership? Let's discuss in the comments.
