DeFi Saver’s Recipe Creator a DeFi UX GamechangerRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$1.7M+5.2%
in ETH688 ETH+0.3%
in BTC44 BTC-3.0%
uma Locked31.57K uma0 uma
% Supply Locked< 0.01%
Blockchain
Ethereum
Most Locked$uma
Protocol Token-

Total Value Locked (USD) in PieDAO

  • TVL (USD)
  • BTC
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is PieDAO?

PieDAO is an asset allocation DAO for decentralized market-weighted portfolio allocations. PieDAO enables anyone to create tokenized portfolio allocations for both crypto and traditional assets. These are called “PIEs” which are non-custodial pools available to anyone in the world with an internet connection. PIEs require no minimum deposits for users. PieDAO is governed by DOUGH tokens. Token holders are able to collaborate and vote on weighting, risk assessment of the assets, rights and fees of the pools. Currently, PieDAO has released two Pies, BTC++ and USD++. Both Pies are non-custodial Balancer Smartpools, so can be allocated and rebalanced regardless of which asset is used, effectively providing liquidity providers with passive income in the form of trading fees. BTC++ is composed of several BTC representations currently weighted 25% WBTC, 25% sBTC, 25% pBTC, 25% imBTC. USD++ is a weighted allocation of USD-denominated Ethereum (ETH)-based stablecoins (47.22% USDC, 28.58% TUSD, 20.42% DAI, 3.78% sUSD). Both BTC++ and USD++ combine multiple Ethereum-based versions of an asset to mitigate the risks of any one asset suffering from illiquidity or malicious activity.


How to use PieDAO?

You can mint Pies by providing all the underlying assets according to weights to a non-custodial smart-contract, which will deliver the Pie to your Ethereum wallet. Pies can in turn be used as an asset to provide liquidity to other pools.

Index Investing in a Decentralized World

Following its stated goal to establish standards that the community can stand behind, DeFi Pulse (through Pulse Inc) has developed different methodologies to tackle the market’s increased interest in tokenized indices, which are spreading wildly across DeFi and becoming more and more popular every day. Today, the second product of the FLI series, the Bitcoin …

2021-05-11Read more >

Founder Fireside Chat with Nour Haridy of Inverse Finance

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. This week in this installment in our Founder Fireside Chat series, we talked with Nour Haridy, Founder of Inverse Finance, about not …

2021-05-07Read more >

Founder Fireside Chat with Mervyn Chng of Unagii

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. This week in our Founder Fireside Chat series, we had the opportunity to chat with Mervyn Chng, Co-founder of Unagii, who’s team …

2021-04-02Read more >

Flexible Leverage Index is Live

The Flexible Leverage Index (FLI) lets you leverage a collateralized debt position in a safe and efficient way, by abstracting its management into a simple index, reproducible by a fully-collateralized ERC20 token built on Set Protocol. The Flexible Leverage Index (FLI, pronounced “fly”) lets you leverage a collateralized debt without having to manage a collateralized …

2021-03-17Read more >