Inside The Bakery 10: $PLAY and Oven V2 Launch

Welcome to Inside The Bakery

This newsletter aggregates the latest updates from everyone’s favorite bakery, PieDAO.

PieDAO is a growing community governing tokenised portfolio allocations, pushing the boundaries of what can be achieved with ETFs.

Our ambition is to become Bridgewater Associates on steroids, powered by an army of highly incentivised and talented community members instead of a handful of investment analysts. With PieDAO anyone, anywhere, can get access to tokenised asset allocations (PIEs) - no matter their budget.

If you haven't followed our progress yet, the concept is simple:

📌 Holding $DOUGH makes you a member of PieDAO giving the right to participate in governance; decide on the composition and weight of individual PIEs; and to be rewarded for your contribution with a share of fees generated through the protocol.

📌 Anyone with an internet connection can buy PIEs (including gas-free through our Oven) and benefit from exposure to a carefully curated, diversified selection of tokenised assets

📌 Our latest product range, PieVaults push the possibilities even further, maximising returns and minimising risk. PieVaults employ multiple active strategies such as staking, lending, and yield-farming, using a unique strategy for each individual asset within the PIE. PieVaults also unlock meta-governance of underlying assets, with the DOUGH token becoming a voting passport across the DEFI ecosystem.

🌱 Growth

Total Value Locked in pies is now $17,600,000! 🚀

Don’t forget, the greater Total Value Locked in PieDAO products, the more the generated fees for DOUGH.

📰 In The News

🎮 $PLAY Launch

Our collaboration with NFTX $PLAY is live, with over $700K of assets held in reserve already!

PLAY is an Ethereum gaming, metaverse and NFT monster.

Get yours today.

Oven V2

Oven V2 is a huge step forward for the PieDAO community and beyond.

The framework provides an easy way for any protocol to build a recipe to help their users share the costs of operations together!

Thank you to everyone who tried out the first run of Oven V2, you will have received a token of our appreciation for your time!

PieDAO Featured in Bankless’ Metaversal

💰 Liquidity Rewards

We are incentivising liquidity provision for our products with 150k DOUGH each week.

Head over to the PieDAO Bakery to get involved, or read our DEFI+L staking guide to understand how to stake using Balancer and PieDAO!

Following PIP 19 all BAL rewards are being used to buy DOUGH off the market as part of a sustainable issuance policy. So far over 300,000 DOUGH has been bought.

Here’s the APR available today:

📊 Pie Performance 

Pies On the Rise! 🎉

Remember, all pies started at $1!

Pies are fully-backed by the assets they represent, with pie growth directly representing the growth of the underlying tokens.

You can buy or mint BCPYPIEDEFI+LDEFI+S, and DEFI++ through the PieDAO website.

❤️ In The Community

🗳️ PLAY Meme Contest Vote Open

Twitter avatar for @PieDAO_DeFiPieDAO @PieDAO_DeFi
It'ts voting time! 🗳️ Which meme captured the Ethereum gaming, #NFT and metaverse MONSTER $PLAY the best? 👾 Voting ends Friday: 🔥…


👾 $PLAY MEME CONTEST!! 👾 To celebrate the MONSTER upcoming Ethereum gaming and #NFT product from the @PieDAO_DeFi and @NFTX_ communities we're giving away a LIMITED EDITION NFT to the five hottest memes. 🎮 To enter, RT with your 🔥 $PLAY meme. Contest ends Mon 29. Details 👇

👏 That’s all for this week!

Thank you for being part of the PieDAO community! Don’t forget to subscribe to get the latest news, pie updates and staking APR direct to your inbox weekly.

You can get hold of BCPYPIE, and DEFI++ gas-free with the community Oven.

Join the PieDAO Discord today.