Earning DOUGH on PieDAO

By pilscoop | One at a time | 29 Nov 2020

First of all, what is DOUGH?

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.

You can get DOUGH in two ways:

1) Buying directly on Balancer.

2) Provide liquidity to one of the pools below and then stake the BPT tokens you get on PieDAO

Pools

The DEFI+L/ETH pool has an incentive that multiplies your DOUGH earnings up to 3X using a staking contract based on Ampleforth’s token-geyser. This means that when you begin staking the multiplier is at 1X, and over the next 8 weeks it grows linearly to a maximum of 3X. If you unstake and claim your DOUGH the multiplier is reset. So the longer you stake, the better rewards you can get.

It`s interesting to see what PieDAO comes up with next.

Resources