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 is now $26! 🚀
📰 In The News
Q2 Roadmap!
Q1 was an powerful month for the DAO and we have laid the foundations for explosive Q2 growth.
Read the full article to see just what’s on the PieDAO timeline, including DOUGH staking and much more!
Don’t miss the community call 6PM UTC on Wed the 5th, hosted in our Discord channel. We’ll be diving deep into the roadmap and much more!
All Time Highs!
What a week! Congratulations on brand new all time highs for ETH, BCP, DEFI+L and DEFI++!
New Staking Contracts
On Wednesday all our farms updated to the new staking contracts.
If you didn’t migrate yet, make sure to unstake from the old farm and restake in the new farm, a separate page under ‘DOUGHpamine’.
💰 Liquidity Rewards
The DOUGHpamine program is still yielding over 690% APR!!
Head over to the PieDAO Bakery to get involved, or read our DEFI+L staking guide to understand how to get LP tokens and stake those at PieDAO.
Don’t forget, since Wednesday all farms have updated to the new staking contract, so migrate today!
📊 Pie Performance
What a week! 🎉
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 PLAY, BCP, YPIE, DEFI+L, DEFI+S, and DEFI++ through the PieDAO website.
❤️ In The Community
We’re hiring!
If you love everything PieDAO then why not apply to join the core team? We’re looking to expand with engineers, a product manager and head of marketing! Apply today.
Know the perfect person for the job? Refer them and earn up to $12,500!
Community Call: Q2 Roadmap
Don’t miss the community call this Wednesday on our Discord server!
👏 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 PLAY, BCP, YPIE, and DEFI++ gas-free with the community Oven.