Wissel XELS XELS om naar Pickle Finance PICKLE

XELS is an eco-conscious blockchain platform enabling corporations and individuals alike the ability to easily and transparently offset their carbon footprint by purchasing tokenized carbon offset credits. Since the birth of carbon offset markets in the wake of the Kyoto and Paris agreements, fraud has been a serious problem. Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank. Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent. Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever. We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.

Pickle Finance is a yield aggregator that compounds LPs across various chains. Users realise the power of compounding, while saving time and money compared to manual farming. Pickle Finance has Jars, and Farms. Jars compound returns from other protocols, creating a pToken. Farms provide extra Pickle rewards for staking a jars pToken. The Pickle Protocol is governed by DILL holders (users that stake PICKLE) who are able to create and vote on proposals for changes to the protocol. DILL holders also get to share in 45% of protocol revenues, as well as boost the PICKLE rewards on their farms.