Disclaimer: This is not financial advice. This is an educational resource. Please do your own research and be sure to check the APRs being earned as they do fluctuate.
How will DOUGH staking affect your rewards? Well, that’s not an easy question to answer. There are a lot of different variables that can affect the outcome of your reward. Examples include:
- Total DOUGH staked
- Time-lock multiplier
- Treasury farming performance
- Unclaimed rewards slashing
The simulator tool allows you to adjust variables and explore these different scenarios. With the goal of empowering you to make an informed decision on how best to stake your DOUGH.
The simulator has three sections which together interact to produce the simulation summary.
- Treasury farming and reward distribution
- Total veDOUGH ecosystem
- Your staked DOUGH
Information on the current amount of treasury funds deployed and reward distributions.
Treasury Liquidity Deployed: Total funds deployed in yield generating strategies by the Treasury Farming Committee.
Rewards Distributions: A percentage breakdown of reward distributions back to the DAO. Rewards consist of fees and yield made from treasury farming.
Total veDOUGH ecosystem
This is where the fun begins. This section allows you to adjust variables that affect the amount of veDOUGH minted.
Total veDOUGH: Simulated amount of veDOUGH minted.
Total Staking Commitment: DOUGH can be locked up for different time periods. These time periods in turn affect the amount of veDOUGH minted. Longer time periods result in more veDOUGH and a higher proportion of the rewards.
- With the first slider you can adjust the amount of staked DOUGH in the simulation. Notice you can only simulate the total amount of circulating DOUGH.
- The remaining sliders allow you to play with the different time-lock intervals.
- Applying both parameters will give you the amount of veDOUGH minted.
Expected treasury APR: The expected growth rate of the treasury. Based on pie revenue, custom services and yield made from treasury farming.
Rewards Unclaimed: Distribution of unclaimed rewards from inactive members to active DAO participants. Rewards are distributed back to the DAO after three months of inactivity.
Last but not least here is where you add your share of staked DOUGH into the simulator. Both the amount and for how long you plan to stake. Longer time periods result in more veDOUGH and a higher proportion of the rewards.
Your expected returns are in the summary dashboard. Here you will find both your expected returns and the treasury’s returns. Reminder: APRs will fluctuate over time which will affect IRL returns.
Don’t forget to share your simulation.
If you already have DOUGH in your wallet, please follow the steps below to participate in staking. If you don’t have DOUGH just yet, head over to 1inch to buy some ahead of time — and then follow the instructions below.
- Go to the Dough Staking page (Live Monday, Oct. 4th)
- Connect your wallet and add veDough to Metamask
- Select the amount of Dough to Stake
- Select the time period (in months)
- Click on ‘Stake Dough’
- Voila — you’re done!
If you run into any issues please reach out to us on the PieDAO Discord channel here.
- Check out our user guide for Staking here
- Read the staking FAQ here