Abstract

Picnic Network is a new paradigm in Defi with an innovative method to distribute the value of the network effect, grow its synergies and democratise its benefits. Picnic Network unlocks capital efficiencies, accelerates the bonding curve and provides new opportunities for liquidity.

With the growth of Uniswap, Compound and Aave these valuable and multifaceted approaches to DeFi have built the framework for a trustless finance ecosystem.

This competition drives value to network participants and innovation in pursuit of liquidity rewards. It can be a challenge to determine and manage the best opportunities at any time. Acquiring the best rewards means extra work or the user may miss out and long term commitment of funds often doesn’t provide the best long term rewards. This leaves a gap in the market for those investors who want to retain power over their assets while getting the best return on their long term investments and reduce their exposure to opportunity cost.

With an innovative two token ecosystem and Decentralised Autonomous Trust, Picnic Network creates an accelerated bonding curve that rewards network participants in the near and long term. Picnic network fills the gap in the DeFi market between commitment and flexibility while bringing new liquidity and participants to the space.

PICNIC token governs the allocation of funds and the protocol itself while BASKET token is used to reward participants financially and build continually increasing returns.

The dynamics of Picnic’s two coin ecosystem results in compounded loops, allowing users to stake their funds and achieve capital efficiency. By leveraging collective holding power Picnic Network aims to become the world's largest decentralised investment fund.