Inside the Bakery 42: Community Call Debrief
Hey there, PieDAO community! Ready to catch up on the latest news and exciting developments from our recent community call? So grab a slice of your favorite pie, sit back, and let's get started!
Slice Distribution
On April 8th, a total of 260,297.17 slices were distributed to 159 eligible veDough holders. The distribution included WETH along with BCP and PLAY tokens. In March's governance, 591 addresses staked a total of 29 million veDough, with a participation rate of 27%.
Treasury committee update
The total balance of the treasury committee is $5,521,998, with mostly ETH and stablecoins exposure where capital utilization is 99%. The farming APR is currently at 16.13% (ATH since June '22), and the veDough staking APR is at 24.48%.
Change log
Since the last community call, there have been several changes. We will highlight just a few, but for more information, please check the call's presentation and recording:
Auxo will distribute 70% of the yield to ARV and 30% to PRV
PRV to AUXO redemption is subject to a redemption budget derived by a function that considers the Auxo price premium versus the treasury net asset value.
The PRV minting fee has been removed.
Audits have been completed.
Auxo is here!
Check out our new website at Auxo.fi
Join Auxo DAO's Discord
Read the DAO’s documentation
Keep yourself up to date with the latest DAO articles
Calendar
We have quite a few interesting activities ahead. Let's check them out:
Final Compounding and Final SLICE Distribution
If you want to compound SLICE, you can do so until April 18th at 23:59 UTC. Any SLICE received after that will not be returned. A final SLICE distribution will take place on April 20th. The distribution will consider the period of April 1st to April 20th, and all non-slashed addresses will be flagged as active to enable all pending balances to be claimed. The next distribution will be done as Auxo DAO and is planned to happen between June 1st and June 7th.
For more information, please read the Last Slice Distribution and Compounding Policy article
The Migration
The migration will take place between April 19th and May 19th, which is the only event. You can keep staking Dough and migrating as long as the window is still open. To migrate, go to Auxo.fi/Migration
Need more information?
Read our Everything you need to know about migrating veDOUGH to AUXO guide
Check out our video about the different user paths
Or go to PieDAO's Discord and get rid of your doubts before taking action