Hey all, we’d like to underline here some tokenomic aspects of our DOUGH governance token.

The DOUGH governance token is intended as a sustainable model to ensure:

Governance of the decentralized community and smart contracts.

The proper incentive for community contribution and development of PieDAO as a growing ecosystem

Value creation to token holders believing in the uniqueness of PieDAO…

First of all, DOUGH comes with a total supply of 100,000,000 tokens, of which up to 35% may be dedicated against requests for contribution pledged to PieDAO during multiple phases, featuring increasing DOUGH/ETH conversion rates.

In the current Preseed phase closing on April 10th, 2020 in the occasion of the Mainnet launch of BTC++ (the first PIE!), contributions pledged to the DAO may be accepted at a rate of 0.000375 ETH / DOUGH, representing a 75% discount vs. the nominal DOUGH value of 0.0015 ETH…a great incentive to early PieDAO contributors!

Tokens are instantly minted once contributions are voted in, a step-by-step tutorial on how to request tokens by pledging can be found in the link below.

Medium – 3 Mar 20 DOUGH Token Request Tutorial PieDAO was summoned on the 2nd of March and it is now possible to request exchanging ETH for the DAO Governance Token: DOUGH Reading time: 3 min read

The summoners have indicated that they will stop voting up requests after April 10th at the above-discounted price.

The following round, discounted somewhere in the range of 30%, will likely be announced in the next few months.

The best time to get DOUGH is now!