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.
“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…