Thank you for your thorough reply.
If you haven't seen the latest news, here is a small recap of what happened over the past week in Pickle Finance . 🥒🥒🥒
Changing the inflation schedule so drastically to so little seems terrible. LPs have most 'skin in the game', you have to reward them versus the simple HODLer. Farming inflation transfer value from passive to active participants 🥰, otherwise, you reward passivity 😭
Really interesting 🤔 — yet if the rewards are sort of arbitrary or decided by governance, that may defeat the purpose of the protocol. The rewards should be set algorithmically, no?
Great design, and really fun copy — of all the #Pickles you could pick, you picked @RickAndMorty — amazing! 🤗 Also, great note 📝 on yield/ROI/APY, this is what @LawMaster has been saying.
The Pickle protocol uses farming incentives, vaults, and governance to bring stablecoins closer to their pegs. By distributing to Uniswap LPs of different stablecoin pools, capital movement between stablecoins is encouraged. pVaults, short for Pickle Vaults, will utilize different active strategies including leveraged flash loans to short off-peg stablecoins, to generate returns for pVault owners and the protocol. is also used for governance to control the monetary policy of the system.