Popsicle Finance is a decentralised finance (DeFi) platform with a focus on yield enhancement. It aims to be a fully decentralised platform, allowing users to manage it through the ICE governance token. The platform supports multiple blockchains, including Ethereum, Binance Coin, Fantom, Avalanche, and Solana.
Popsicle Finance operates on blockchains such as Ethereum, Binance Coin, Fantom, Avalanche, and Solana. It leverages Proof of Stake and other blockchain-specific consensus mechanisms. It addresses impermanent loss through smart contracts and offers single-asset staking options. Smart contracts facilitate multiple platform operations, including mitigating losses and enhancing user interaction.
Popsicle Finance offers yield farming, staking, and cross-chain liquidity through features like Sorbetto Fragola and Gelateria. It aims to maximise yield via liquidity pool optimisation and offers cross-chain liquidity. The platform facilitates participation in the DeFi ecosystem, impacting cryptocurrency trading and DeFi applications.
Popsicle Finance was founded by Daniele Sestagalli, launched on Ethereum and Binance Smart Chain in 2021. It experienced a hacking incident in August 2021 but reimbursed affected users and conducted multiple audits post-incident. Popsicle Finance conducted a significant token burn to increase token value, and continues to evolve its technology by supporting multiple blockchains and offering yield optimisation solutions.