Yearn.Finance (YFI) and Pickle Finance have to help Pickle after hackers attacked the protocol. The partnership will help Pickle compensate victims of the recent hack and boost its yield farming incentives.
Less than a week ago, hackers stole $20 million worth of Dai in deposits from farming project Pickle Finance. The new venture has now launched a token called CORNICHON to “track losses stemming from the recent Evil Jar attack.” The victims will receive newly-minted CORNICHON as compensation.
In the published announcement on Medium, Yearn.Finance founder Andro Cronje said:
announcementImage Credits: Pixabay