Home Coins PieDAO DEFI Small Cap (DEFI+S) PieDAO Community Blog Oct 23rd. Doughmocracy | by Will Brealey | PieDAO...

PieDAO Community Blog Oct 23rd. Doughmocracy | by Will Brealey | PieDAO | Oct, 2020

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Oven is our attempt to reduce the friction to minting new pies by lowering the gas cost. With Oven users can pool their Eth and mint pies together in batches, sharing the gas cost.

Oven makes minting pies orders of magnitude cheaper.

There’s currently a 10 Eth cap in place until the project is fully audited.

Excited to try oven? Head over to the community discord’s #development channel or explore the process here. UI coming soon.

The community is now voting for the second DOUGH buyback, using
4729 BAL earned from the DAO’s staking contracts.

If the vote passes, $58639 will be used to purchase around 34,904 DOUGH from the DOUGH / ETH Balancer market.

The community was busy planning a new pie this week. Comically dubbed DeFi+ D (for degen) it will actively engage in incentivized yield farming, reducing investors exposure to any one protocol. This one is very exciting!

The community voted to include DOUGH in our small cap DeFi pie, a highly requested rebalance. You can read about the proposal here, and view the results here.



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