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.
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!