🥘 Babylon Pickles

Babylon is a community-led asset management protocol that enables users to create investment clubs (we call them gardens) and invest in DeFi together. It’s built on the Ethereum network and it’s non-custodial, transparent, permission-less, and governed by the community. BABL is the governance token behind it.

Update: Added support for Pickle univ3 jars and Pickle farming on April 29th, 2022.

We are relentlessly working to provide our DeFi investment clubs with all the primitives needed to build wealth together.

In the last two months, we revamped support for Curve, Convex, and Yearn, supporting 42 Curve pools, more than 38 Convex pools, and 50+ Yearn Vaults and added support to Stakewise and our Fuse Lending and borrowing markets.

Today, we are excited to announce to release of our integration with Pickle, one of the leading yield farming platforms on Ethereum.

Pickle Jars

In Pickle, users first deposit assets into a Jar, then the protocol automatically deposits them into yield farms and compounds the rewards for the user saving time and gas for users. Pickle is one of the leading yield aggregators with more than $42M in TVL.

Now, Babylon gardens can create strategies that leverage Pickle jars to offer even greater capital efficiency and reduced gas costs. One pickle strategy can serve hundreds of garden members at once, splitting the gas costs and increasing capital efficiency.

A Babylon Strategy is able to enter an LP position in Sushi, UniswapV2, or Curve and then stakes the LP tokens into the Jar.

🧙‍♂️ How to Create a Pickle strategy

In Babylon, you can combine different primitives from other DeFi protocols to create your own DeFi strategy. No code is required.

Here is a video of how to create a strategy within Babylon:

Here are specific steps to create a strategy that stakes assets in Pickle.

1. Click on create strategy button within your garden 🌴
2. (Optional) If the Jar requires an LP token, you need to add liquidity first. Add Liquidity-> Uniswap, Sushiswap, or Curve

You’ll see the Pickle icon if the LP tokens are stakeable in Pickle

3. Stake->Pickle

4. Select the Jar you want to stake the tokens at.

4. Complete all the additional strategy params

Done 🚀

📖 Jars List

The following 28 jars are now available on Babylon:

• Yearn USDC Jar — 0xEB801AB73E9A2A482aA48CaCA13B1954028F4c94
• pCurve sCRV Jar — 0x68d14d66B2B0d6E157c06Dc8Fefa3D8ba0e66a89
• pCurve REN/BTC Jar — 0x2E35392F4c36EBa7eCAFE4de34199b2373Af22ec
• pCurve 3pool Jar — 0x1BB74b5DdC1f4fC91D6f9E7906cf68bc93538e33
• pCurve ETH/stETH Jar — 0x77C8A58D940a322Aea02dBc8EE4A30350D4239AD
• Sushi DAI/ETH Jar — 0x55282dA27a3a02ffe599f6D11314D239dAC89135
• Sushi USDC/ETH Jar — 0x8c2D16B7F6D3F989eb4878EcF13D695A7d504E43
• Sushi USDT/ETH Jar — 0xa7a37aE5Cb163a3147DE83F15e15D8E5f94D6bCE
• Sushi WBTC/ETH Jar — 0xde74b6c547bd574c3527316a2eE30cd8F6041525
• Sushi YFI/ETH Jar — 0x3261D9408604CC8607b687980D40135aFA26FfED
• Sushi CVX/ETH Jar — 0xDCfAE44244B3fABb5b351b01Dc9f050E589cF24F
• pYearn LUSD/3CRV Jar — 0x4fFe73Cf2EEf5E8C8E0E10160bCe440a029166D2
• pYearn FRAX/3CRV Jar — 0x729C6248f9B1Ce62B3d5e31D4eE7EE95cAB32dfD
• pYearn Ironbank Jar — 0x4E9806345fb39FFebd70A01f177A675805019ba8
• pCurve MIM/3CRV Jar — 0x1Bf62aCb8603Ef7F3A0DFAF79b25202fe1FAEE06
• pSushi SPELL/ETH Jar — 0xdB84a6A48881545E8595218b7a2A3c9bd28498aE
• pSushi MIM/ETH Jar — 0x993f35FaF4AEA39e1dfF28f45098429E0c87126C
• pCurve cvxCRV/CRV Jar — 0xF1478A8387C449c55708a3ec11c143c35daf5E74
• pCurve CRV/ETH Jar — 0x1c5Dbb5d9864738e84c126782460C18828859648
• pCurve CVX/ETH Jar — 0xc97f3fd224d90609831a2B74b46642aC43afE5ee
• pUniv2 LOOKS/ETH Jar — 0x69CC22B240bdcDf4A33c7B3D04a660D4cF714370
• pUniv3 USDC/ETH 0.05% Jar — 0x8CA1D047541FE183aE7b5d80766eC6d5cEeb942A
• pUniv3 LOOKS/ETH 0.3% Jar — 0x0A3a5764945E29E38408637bC659981f0172b961
• pUniv3 USDC/USDT 0.01% Jar — 0x563c77b40c7f08bA735426393Cf5f0e527D16C10
• pUniv3 WBTC/ETH 0.05% Jar — 0xAaCDaAad9a9425bE2d666d08F741bE4F081C7ab1
• pUniv3 COW/ETH Jar — 0xf0Fb82757B9f8A3A3AE3524e385E2E9039633948
• pUniv3 APE/ETH Jar — 0x49ED0e6B438430CEEdDa8C6d06B6A2797aFA81cA
• pUniv3 FRAX/DAI Jar — 0xe7b69a17B3531d01FCEAd66FaF7d9f7655469267

🔥 The best is yet to come…

This integration is just the first step of the Babylon 🤝 Pickle partnership. Once the integration is complete and released, we can work hard on next steps.

A Pickle Garden that provides index exposure to the top-performing Pickle Jars is one of the initiatives that we are working on.

Did you know that in Ancient Babylon, pickles were a staple in the diet?

🧠 Become a Strategist on Babylon

As a strategist, you would receive up to 10% of the profits (varies per garden) + 10% BABL rewards. More about BABL rewards in the Mining Program.

If you haven’t had a chance to use Babylon yet, please head to the website and take a look. We are still in private Beta but the public launch is imminent (end of March).

You can visit Babylon here.
Join our Discord to learn more.

㊙️ If you need a beta invite, you may be able to snatch one by asking other members in Discord

#Let’s DeFi Together