A brief analysis of Pickle Finance’s new token mechanism: DILL and smart funds

DILL token

In this merger, a new token DILL appeared in Pickle’s token mechanism. DILL is similar to VeCRV in the Curve protocol. DILL is generated by locking PICKLE tokens (similar to using CRV to generate VeCRV). It will give users corresponding rights and interests based on the length of the lock-up time and the number of locks. These rights include:

  • Voting rights in Pickle protocol governance
  • Increase reward coefficient
  • Get part of the agreement profit

Token model of smart fund library

Smart Treasury is a concept to be implemented in the Pickle Project, which is derived from Placeholder capital. Smart Treasury attempts to propose a way to increase the value of tokens: decrease the supply of tokens as income increases.



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比特币新闻 — 区块链新闻

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