[READY] [GF:Phase 1 Proposal] Pickle Finance

Great idea!! Will update to 200 days.

Thanks for the compliment on our Univ3 Jars! We’ve done a few articles with third party publishers on what these Jars are, for example APY Vision. Pickle Finance’s Uniswap v3 Auto-balancing Jars earn users high, accurate yields | APY.Vision

We’re also creating an educational 101 page for Pickle Finance which we could utilise for this education. Our DAO are also super informed so hopefully if Optimism users join us on Discord they’d get a crash course :slight_smile:


Ask is reasonable and it is matched+ with PICKLE. From my experience PICKLE has a good track record of building despite difficult conditions. Happy to support this.

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i think incentives here are aligned, it seems pickle would put these funds to great use.

Good proposal and nice adjustments in reply to the comments here.

I am most probably going to support this proposal. It’s a reasonable ask and sounds like it can benefit optimism users by bringing more liquidity into optimism.

What’s more I have some personal experience with pickle finance. I was one of the victims of a hack that happened in L1 back in Q4 2020 and the way they handled everything back then showed integrity even though they were unable to pay back the victims (which is fine imo).

I am a holder of quite a bit of CORN :sweat_smile:


I’m in support of this! :cucumber:

Haha we keep buying and burning each week. Might take a while for it to get to $1 though :sweat_smile:

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Voted: Yes

  1. Reasonable amount of token asked, incentives are matched. Popper distribution plan for circa 6 moths, happy to support this.

On other node, would appreciate your input on these two

This proposal fits into Gov Fund Phase 1 and the value-add to Optimism is solid: Voting Yes

Value-add: Medium (small AUM & community but interesting product)
Amount: Reasonable
Op distribution: Okayish
Co-incentives: Good

This funding round’s goal is primarily in increasing liquidity and users on Optimism. Pickle Finance has been building quality vaults before, been early to Optimism and the mentioned Uni V3 auto-rebalancing Jars make especially sense in a low-transaction-cost environment such as Optimism. Duel incentives have indeed been proven to attract liquidity initially and we expect this resulting in users & community moving to Optimism. Echoing other commenters, we also hope to see some long-term programs and more sticky liquidity on Optimism.

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Pickle Finance has a good track record and would bring a valuable contribution to the Optimism ecosystem. Coupled with co-incentives to have your own pickle emissions last another 200 days, this is a good incentive. We have voted yes.

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Voted : Yes
Positive track record: :white_check_mark:
Tokens requested in range comparable to other projects: :white_check_mark:
Expected to grow Optimism ecosystem: :white_check_mark:

Yield optimizers are important in any DeFi ecosystem. While spending 100% of the OP token allocation on liquidity incentives isn’t the most creative, it does align with the gov fund phase 1 objectives.

I voted yes on this proposal. The amount of tokens requested is reasonable and the project has a track record in this space (I’ve also known a few people that actively used it in the past). I also like that they will be simultaneously incentivizing with native token emissions even after the OP rewards stop.

We are voting yes on this proposal. Reasons are: funds requested seems reasonable. Co-incentives are include. Good reputation.

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I’ll vote NO :x: - because it won’t provide long term sustainability for the ecosystem. Furthermore, I doubt that it will bring any users to Optimism other than insiders (brand is not that strong these days).

Project quality: Mid/High - Yield aggregators can be quite useful (at least before they bring all rates to almost 0…). Pickle is quite OG project but failing to stay relevant (only 10m TVL!)
Team quality: High, mostly anon, active on github
Amount requested: Reasonable
OP distribution: Bad, LM everywhere. I am pretty sure that once rewards ends all liqudity will leave.

Snapshot vote - Passed

As per our proposal we have launched our Uniswap V3 auto-rebalancing strategies on Optimism. The first step in fulfilling our commitment to launching novel, effective yield strategies for Optimism users.


Hello @PickleMaz can you provide a Telegram handle or other contact method so the Optimism team can get in touch about paying out this grant :pray:

Telegram: @maz_diddy
Discord: Maz#8636