Subscribe to Our Newsletter
Wednesday August 10, 2022
Bitcoin (BTC) $23,083.18   Ether (ETH) $1,697.56
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Koinly
CryptoNinjas
Home Featured

PieDAO launches to provide ecosystem for passive tokenized portfolio investments

Published by CryptoNinjas.net
03/05/2020
PieDAO launches to provide ecosystem for passive tokenized portfolio investments

The creators of PieDAO, a decentralized organization aiming to bring market accessibility and economic empowerment by providing a governance layer to tokenized portfolio allocations available to anyone on the Ethereum network; has announced its launch.

PieDAO enables users to participate in the creation of a tokenized portfolio allocation which might include exposure to digital and traditional assets (via synthetic asset); PieDAO calls these allocations “PIEs.”

Each “PIE” is available 24/7 on the Ethereum network, with no minimums and low fees shared by the community. Each of the PIE is always redeemable for the underlying assets.

PIEs are designed for composability, meaning that once core allocations are in place, they can be bundled together to create even more stable and resilient allocations.

Designed with composability

“Passively managed funds are eating the world of finance and we have none in crypto and no decentralized option for traditional assets. Until now. At PieDAO, we believe that the future of investing is passive and permission-less, therefore we are working to solve these problems by democratizing access to top-quality passive investment strategies and governance of the underlying indexes.”
– The PieDAO team

Governance of PieDAO

$DOUGH is the PieDAO governance token. Owning DOUGH makes you a member of PieDAO. Holders are capable of participating in the DAO’s governance votes and proposing votes of their own.

Token holders get to collaborate and vote on the weight, risk assessment of the assets in the PIEs and what are the right and fair fees.

Once consensus has been reached, the specs of the PIE get notarized through a DAO vote.

If the members of PieDAO did a good job, the PIE gets traction and accrues fees that are charged in the underlying assets of the portfolio allocation and collected into a fee pot, fees are then redeemable by participants in governance.

More complex governance mechanism will be developed for PieDAO in the near future; which will include:

  • Staking of tokens and rewards.
  • Delegation to elected governors.
  • Two different classes of voting.
  • Crypto economic system design against free-riding.
15
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Via: piedao.org

Related News

Tetrix and Pitaka crypto wallet launch ‘Tetrix Link’ to digitize contact exchange

08/09/2022
Tetrix and Pitaka crypto wallet launch ‘Tetrix Link’ to digitize contact exchange

Today it was announced by Filipino-led blockchain Tetrix Network and Pitaka crypto wallet, the launch of Tetrix Link, an NFC card that enables users to select and store information, such as their personal contact...

Read more

THORWallet expands DeFi swap functionality with Rango Exchange integration

08/08/2022
THORWallet expands DeFi swap functionality with Rango Exchange integration

THORWallet, a non-custodial wallet that allows users to swap native crypto-assets across chains and earn passive income on them, today announced a new partnership with multi-chain DEX, Rango Exchange. For the first time, THORWallet...

Read more

pSTAKE’s BNB liquid staking solution (stkBNB) is now live

08/08/2022
pSTAKE's BNB liquid staking solution (stkBNB) is now live

pSTAKE, a liquid staking protocol that unlocks liquidity for staked assets, announced its BNB liquid staking solution (stkBNB) is now live on mainnet. Users can leverage their stkBNB tokens to pursue DeFi opportunities across...

Read more

DeFi liquidity mining platform Grizzly.fi collects $26M in ‘Community Fair Launch’

08/08/2022
DeFi liquidity mining platform Grizzly.fi collects $26M in 'Community Fair Launch'

Grizzly.fi, a crypto yield farming platform, announced today it has collected $26 million in its so-called 'Community Fair Launch.' The raise is the best performing in history on BNB Chain without a launchpad. The...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
ELLIPAL now supports Zcash (ZEC) for cold storage and trading

ELLIPAL now supports Zcash (ZEC) for cold storage and trading

01/14/2020
Crypto intel platform Metrika adds support for Hedera network activity & performance

Crypto intel platform Metrika adds support for Hedera network activity & performance

08/03/2022
New Overledger release now supports QRC-721 NFTs on Tokenise developer API

New Overledger release now supports QRC-721 NFTs on Tokenise developer API

08/05/2022
Korean crypto exchange KODA to use Uppsala to boost AML and threat detection

Korean crypto exchange KODA to use Uppsala to boost AML and threat detection

08/01/2022
Tetrix and Pitaka crypto wallet launch ‘Tetrix Link’ to digitize contact exchange

Tetrix and Pitaka crypto wallet launch ‘Tetrix Link’ to digitize contact exchange

08/09/2022
THORWallet expands DeFi swap functionality with Rango Exchange integration

THORWallet expands DeFi swap functionality with Rango Exchange integration

08/08/2022
pSTAKE's BNB liquid staking solution (stkBNB) is now live

pSTAKE’s BNB liquid staking solution (stkBNB) is now live

08/08/2022
DeFi liquidity mining platform Grizzly.fi collects $26M in 'Community Fair Launch'

DeFi liquidity mining platform Grizzly.fi collects $26M in ‘Community Fair Launch’

08/08/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version