🥘 Babylon Pickles

Published in

Babylon.finance

4 min readMar 17, 2022

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.

Click on create strategy button within your garden 🌴
(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