Inside the Bakery 8: SUSHI Rebalance, Loopring L2 DEX, BCP Integrations and More.

Another week of winning

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 $26,850,000! 🚀

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


📰 In The News

🍣 SUSHI DeFi+L Rebalance

Welcome to DeFi+L SUSHI. As DeFi+L a now a PieVault the SUSHI has been put to work productively staking as xSUSHI.

🌏 Confluence Analytics Use BCP in DeFi Eco Pie

Confluence Analytics are using BCP for their Eco pie that directs a portion of yield to tackling environmental issues. We talked with CEO Conor Platt and CTO Jeff Bennett to understand their view on the growing DeFi and DAO space and why they chose our Balanced Crypto Pie!

💰 BCP Cross-Chain Bridge

Thanks to Multichain you will soon be able to get hold of BCP on Binance Chain and Fantom.

🚄 BCP Loopring L2 Dex Incentives

Our community has allocated 30,000 DOUGH for Loopring L2 DEX liquidity incentives for LPs to earn over the next two weeks.

L2 is the roadmap for Ethereum scalability, so get on Loopring DEX today!


💰 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

🎤 Will on DeFi Times Podcast

Don’t miss Will discussing PieDAO, BCP, PieVaults, Oven, Meta-Governance and much more!

📊  Fav Makes PieDAO Dashboard

Thanks Fav for the incredible work setting up PieDAO Dune Analytics! Even more features are coming soon.



📰 Check Out Decentralise

Decentralise is a daily DeFi newsletter written by Will.

Make sure to subscribe for the latest updates and developments direct to your inbox!


👏 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.