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 $27.7M! 🚀
📰 In The News
More All Time Highs!
Another week of incredible growth!
Congratulations on brand new all time highs for ETH, BCP, DEFI+L and DEFI++!
New Farming Page
The new farming page is absolutely gorgeous! Check it out today.
💰 Liquidity Rewards
The DOUGHpamine program is yielding over 720% 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!
We’re still hiring!
Know the perfect person for the job? Refer them and earn up to $12,500!
Community Call
The community call was an absolute blast!
We dived into the Q2 roadmap and much more.
Thanks to everyone who attended and enjoy your POAP! Stay tuned for the next call.
The Sandbox Partnership
Didn’t think PLAY could get any better? Think again.
It’s going to be possible for PLAY liquidity providers to earn exclusive NFTs!
Get involved today!
Wintermute Partnership
We’ve partnered with Wintermute to make sure there are liquid markets for DOUGH and pies!
👏 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.