Today in DeFi - A Big Dill, Yearn Cream, And More

Follow @todayindefi to keep up with the latest DeFi news on Twitter.

A Big Dill

yearn.finance @iearnfinance

1/ We are pleased to announce that Yearn has formed a symbiotic relationship with @picklefinance. You can read more information in the Medium & governance posts below. medium.com/iearn/pickle-y…

gov.yearn.financePickle & Yearn ferments co-operation dillPickle and Yearn developers have worked out a structure to allow the two projects to work together in symbiosis. This is done to reduce duplicate work, increase specialization, and to leverage shared expertise. A description is provided in a blog post with more information to follow. This is an init…

Can food farms move beyond their culinary roots? Pickle says yes. It has been merged with the Yearn Finance ecosystem. The results will be:

• Pickle Jars merge with Yearn V2 Vaults

• Strategies earn 10% performance fees. 

• Reward Gauges are introduced. 

• DILL boosts Pickle rewards. 

• Pickle multi-sig key rotates

Notably, this merger will also introduce a new token Cornichon, meant to track losses from the recent Pickle attack and compensate affected users.

Yearn Cream

Andre Cronje @AndreCronjeTech

Yearn & Cream v2 merger

Hot off the back of the Pickle Yearn Dill, Yearn is also merging with Cream Finance, a DeFi Lending platform.

As Cream is a lending platform, this adds lending capabalities and customers to Yearn Finance, and will be the launchpad for Stable Credit. Yearn Vaults will be able to be collateral in Cream, and there will also be a 0 collateral lending solution. Find out more in the Medium Article.

Poo Online

PooTogether @pootogether

pootogether.com is now out! - Zero-loss blockchain lottery based on yearn.finance - Deposit yUSD, generated yCrv interest used as prize pool - Win a random #DeFi (shit)coin every few days More details👇

yearn.financeyearn

Well shit. It’s really happening - PooTogether, the shitcoin no-loss lottery, is launched on mainnet. PooTogether is a fun take on PoolTogether. Users deposit yUSD, then the winner gets a randomly picked shitcoin bought with the yUSD interest.
Please be aware that this is a just launched project that does not seem audited, and there is also a real possibility this may be a rug.

Do your own diligence before you poo

Follow @todayindefi to keep up with the latest DeFi news on Twitter.

Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned